G2Power Secures ESS Delivery and Installation Project from Vizen; Shares Rise 3%
MT Newswires Live
Oct 27
South Korean smart grid company G2Power (KOSDAQ:388050) secured an energy storage system (ESS) delivery and installation project from Vizen, according to a Monday filing with the Korea Exchange.
The contract, valued at 4.3 billion won, represents 7.75% of the firm's total sales in 2024, the filing said.
Shares of G2Power rose more than 3% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.