1. Kokam to Build 36 Megawatt Energy Storage System (ESS) for KEPCO, Increasing Its Total Worldwide

    Kokam to Build 36 Megawatt Energy Storage System (ESS) for KEPCO, Increasing Its Total Worldwide

    SEOUL, South Korea, Aug. 8, 2016 -- Kokam Co., Ltd, the world's premier provider of innovative battery solutions, today announced that South Korea's largest utility, Korea Electric Power Corporation (KEPCO) (NYSE: KEP), has awarded it a contract to develop a 36-megawatt (MW) system / 13-megawatt hour (MWh) Energy Storage System (ESS) for frequency regulation at the Non-Gong substation in South Korea. The project features a combination of two unique Kokam Lithium Ion battery technologies -- its Ultra High Power Nickel Manganese Cobalt (NMC) battery technology and its NANO battery technology. Work on the project began in June 2016 and is scheduled to be completed by December of 2016.

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