DASAN Networks to Participate in Ukraine Power Grid Pilot Project
DASAN Networks to Participate in Ukraine Power Grid Pilot ProjectPlans for Domestic Power Line Supply as Part of Ukraine Energy Infrastructure Reconstruction ProjectParticipation in International Energy Cluster Conference, Discussions on 5G Fiber Optic Communication Network Pilot Project DASAN Networks (CEO and Chairman Nam Min Woo) is set to participate in the support project for the reconstruction of Ukraine's power grid and communication network. On June 14th, DASAN Networks announced that RA Giljoo, CEO of DASAN Networks Europe, attended the annual conference of the International Energy Cluster held in Kyiv, Ukraine, on the 7th and conducted a presentation introducing DASAN Networks, a telecommunications equipment company. Established in June 2018, the International Energy Cluster is a private organization in which Germany, Ukraine, Lithuania, and other EU countries participate. It aims to form partnerships and develop human resources in the energy sector, focusing on power substation design and construction, renewable energy facility development such as hydropower generation, and communication systems. On September 15, 2022, it reached an agreement with the Ukrainian Ministry of Energy to jointly take action for energy infrastructure reconstruction in Ukraine and is actively promoting the Ukraine Energy Infrastructure Reconstruction Project. As a full member of the International Energy Cluster, DASAN Networks is participating in a pilot project for the European Union-standard power grid in Mykolaiv, located in southern Ukraine, in collaboration with a domestic power line company. They are also discussing participation in air defense substation and 5G fiber optic communication network pilot projects. Prior to the conference, RA Giljoo visited Mykolaiv, met with Vitaliy Oleksandrovich Kim, the governor of the region, and conducted an on-site inspection. According to the company, the Ukraine reconstruction project will be carried out in three main areas: the outskirts of Kyiv metropolitan area, the eastern region of Kharkiv, and the southern region centered around Mykolaiv. DASAN Networks is specifically discussing the installation of modern high-voltage underground lines spanning a 1,000 km segment across the war-damaged areas in the eastern and southern border regions in collaboration with Ukrenergo, the Ukrainian state-owned power company. The event took place as part of the annual conference of the International Energy Cluster and continued with presentations and open discussions on annual business performance and resolutions of technical and operational issues by association members. RA Giljoo conducted a company introduction presentation and Q&A session on power and communication networks during the event. He also met with Hanna Volodimirivna Zamazєєva , the director of Ukraine's State Agency for Energy Efficiency and Energy Saving, and was requested to cooperate in the supply of modular combined heat and power generators that use the most suitable wood fuel for the Ukrainian environment. RA Giljoo stated, "DASAN Networks plans to participate in the priority reconstruction of power and communication networks and also explore collaboration opportunities in power generation through our subsidiary, DTS. We will support the reconstruction of Ukraine through various business partnerships in the future." Meanwhile, DASAN Networks has been expanding its presence in Ukraine for several years, establishing a partnership with Kyiv Polytechnic Institute and a communication security research institute, and hosting a fiber optic communication academy. Recently, they have also established an office in Kyiv, actively pursuing collaboration in various fields such as telecommunications and power networks. Participation in the International Energy Cluster in Ukraine has further accelerated their business endeavors. □ DASAN Networks (CEO and Chairman Nam Min Woo / KOSDAQ code: 039560)https://www.dasannetworks.com/ https://www.dasangroup.co.kr/DASAN Networks, founded on March 3, 1993, is a pioneering first-generation venture company that has significantly contributed to the domestic production and popularization of high-speed Internet technology, propelling South Korea to become a global internet powerhouse. Since 2016, the company has expanded its global communication equipment business through its subsidiary DZS (NASDAQ), while also focusing on fostering the domestic enterprise public market network business and defense industry business as separate endeavors. The parent company, DASAN Solueta, is a listed company on KOSDAQ and specializes in functional materials. Notable subsidiaries include DMC, an automotive parts company; DTS, an industrial heat exchanger company; and DASAN AGE, a semiconductor quartz product manufacturing company. CEO and Chairman Nam Min Woo, who established and leads DASAN Networks, has held prominent positions such as Chairman of the Venture Enterprise Association, inaugural Chairman of the Presidential Youth Commission, and co-founder of the Korea Foundation for Young Entrepreneurs. Currently, he serves as Chairman, actively contributing to the growth of the venture industry and nurturing future entrepreneurs. □ International Energy Cluster (IEC)https://energycluster.eu/ Chairman Mantas NashlenasThe International Energy Cluster was established in Kyiv in June 2018, bringing together energy companies with vast experience and strong reputations in the sector to foster collaboration. These companies operate in various areas, such as metal structure production, design and construction of power lines and substations, development of hydropower and renewable energy facilities, design and implementation of telecommunications systems, and development of cybersecurity solutions. The IEC's operational goals are to promote cooperation among enterprises, expand partnerships and economic activities, and enhance the competitiveness and international recognition of its member companies. Membership in the International Energy Cluster and its scientific partners includes companies from Ukraine, Lithuania, Germany, and other EU countries. Since September 15, 2022, the IEC has embarked on a joint initiative with the Ukrainian Ministry of Energy to drive the reconstruction of Ukraine's energy infrastructure. □ Ukraine – State Agency for Energy Efficiency and Energy Saving (SAEE)Director Hanna Volodimirivna ZamazєєvaThe State Agency for Energy Efficiency and Energy Conservation (SAEE) acts as the executive arm in Ukraine, responsible for establishing and promoting national policies in the field of energy efficiency and energy conservation. Its objective is to elevate energy efficiency in diverse economic sectors, curtail energy consumption, and foster the increased utilization of renewable energy. □ UkrenergoUkrenergo, Ukraine's national power company, plays a crucial role as the primary institution responsible for the operation and management of the power system. With a focus on maintaining stability and reliability in the energy market, Ukrenergo takes charge of efficiently operating the country's power system.