Recently, Shizen International, a subsidiary of Shizen Energy Group headquartered in Japan, reached an agreement with South Korea's INMARK Asset Management Company and DOHWA Engineering Company to establish a joint venture to enter energy storage, onshore wind power, and offshore wind power projects in South Korea.
Shizen International stated that the joint venture company, Inmark Jayeon Energy, has decided to participate in the investment and development of 2000MW renewable energy electricity.
For Shizen International, the new joint venture also marks its official entry into the Korean renewable energy market.