Gwangju City Signs Business Agreement with EnergyX Co., Ltd. and Gwangju Technopark

Mayor Lee Yong-seop: "Efforts to Create an Industrial Ecosystem for Realizing the Gwangju-type Green New Deal"

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City signed a tripartite business agreement with Gwangju Technopark and EnergyX, an AI platform company for renewable energy, to cooperate in the success of the Gwangju-type AI-Green New Deal through participation in the energy self-sufficient city creation project and the establishment of a research institute in the Gwangju area.

On the morning of the 29th, Gwangju City held a business agreement for the realization of the ‘Gwangju-type AI-Green New Deal’ at the City Hall Business Room attended by Mayor Lee Yong-seop, Kim Seon-min, Director of Gwangju Technopark, and Park Seong-hyun, CEO of EnergyX. This agreement is the 63rd agreement aimed at establishing a Gwangju-type artificial intelligence business foundation.

EnergyX, established in February last year as a startup, is an innovative company that provides services through an online platform for all procedures that were previously conducted offline in the existing renewable energy market, from development to financial procurement and management operations.

Based on its innovative platform business, EnergyX received investments from venture capitals such as LSK Investment, an AI investment fund operator, achieving 15 billion KRW in equity capital in a short period. It was also recognized as a promising company by being selected as an energy startup by Korea Electric Power Corporation. The platform’s performance totals 693.5 billion KRW and 188,572 kW.

Gwangju City, Gwangju Technopark, and EnergyX are expected to contribute to fostering new energy industries and strengthening energy industry competitiveness through the realization of an energy self-sufficient city RE100 Gwangju with carbon neutrality by 2045.

Through this business agreement, Gwangju City will strive to create an environment for project promotion presented at the Gwangju-type AI-Green New Deal vision briefing to establish a carbon-neutral energy self-sufficient city RE100 Gwangju by 2045. EnergyX will actively cooperate to ensure the success of the Gwangju-type AI-Green New Deal, and Gwangju Technopark plans to provide active support when promoting the energy self-sufficient city creation project.

The main contents of the agreement include ▲ active participation in projects for creating an energy self-sufficient city Gwangju ▲ active cooperation in mutually possible areas such as fostering the energy industry ▲ establishment of a research institute in the Gwangju area and contribution to the local community through job creation.

With this agreement, Gwangju City is expected to accelerate the green energy distribution and expansion projects, which are core tasks presented at the ‘Gwangju-type AI-Green New Deal vision briefing.’

Park Seong-hyun, CEO of EnergyX, said, “Although residential and small-capacity solar power have various advantages, they are unfamiliar fields that are difficult for the public to access. Through the platform, we simplify procedures and conveniently connect the needs of consumers and businesses.” He added, “We will actively cooperate so that Gwangju can become an energy self-sufficient city by 2045.”

In response, Mayor Lee Yong-seop said, “EnergyX is a promising company with creative technology that can improve the efficiency of renewable energy using artificial intelligence.” He added, “Through this agreement, it will greatly help create an industrial ecosystem for realizing the carbon-neutral energy self-sufficient city ‘Gwangju-type AI-Green New Deal’ that does not receive power energy from outside by 2045.”

This content was produced with the assistance of AI translation services.