Wishes Technologys Enzyme Degradation Technology Wins Double Gold Medals at European Inventor Awards
Wishes Technology's Enzyme Degradation Technology Wins Double Gold Medals at European Inventor Awards
June 25, 2024
Written by Zhang Bingfeng, Business Times
Wishes Technology has successfully mastered the mass production technology of "Recycled Cathode and Anode Material Separation," positioning itself as a global leader. Chairman Chen Wen-Hsien inspected the newly separated recycled cathode materials at the black mass recycling processing facility. (Photo courtesy of the company)
Wishes Technology recently achieved another milestone by winning two gold medals at the 2024 European Inventor Awards with its innovative "Enzyme Degradation and Decomposition Technology." This environmentally friendly and low-cost advanced technology represents a groundbreaking breakthrough in the treatment and recycling of waste lithium batteries, offering a sustainable solution for global battery green recycling.
The 2024 European Inventor Awards, which concluded on the 8th, gathered cutting-edge technologies from hundreds of technology companies and research institutions worldwide. Chuli Technology's waste lithium battery "Enzyme Degradation and Decomposition Technology" stood out among numerous entries, winning both the gold medal and the UK Special Award - Gold Medal, highlighting the innovative capability of Taiwan's "Enzyme Degradation and Decomposition Technology." This technology significantly enhances the efficiency of recycling materials from waste lithium batteries while ensuring environmental protection and effective resource utilization, making it one of the highlights of the event.
With the increasing popularity of electric vehicles and renewable energy, the demand for lithium batteries is on the rise, leading to a significant challenge in the future disposal of waste lithium batteries. Current traditional lithium battery recycling methods often result in substantial waste and pollution. Wishes Technology's innovative "Enzyme Degradation and Decomposition Technology" provides a sustainable solution.
Chairman Chen Wen-Hsien stated, “The 'Enzyme Degradation and Decomposition Technology' uses patented special enzymes to decompose harmful chemicals in lithium batteries, converting them into harmless byproducts while recovering valuable metals like lithium, cobalt, and nickel. The technology's greatest value lies in its efficiency, environmental friendliness, and low cost, which significantly increases the recycling rate of waste lithium batteries and reduces negative environmental impacts.”
After receiving the award, Chen expressed, “I am honored to receive the gold medal on such an influential international stage. This recognition reaffirms the Wishes Technology team's years of hard work. The Enzyme Degradation and Decomposition Technology not only achieves remarkable technical accomplishments but also reflects the company's commitment to environmental, social, and governance (ESG) principles. We are making a positive contribution to the ambitious global goal of achieving net-zero carbon emissions. In the future, we will continue to develop and promote more environmentally friendly and efficient technologies to contribute to global green technology and sustainable development.”
Wishes Technology plans to promote the commercial application of its "Enzyme Degradation and Decomposition Technology" within the next year and will collaborate with several international battery manufacturers and recycling companies to drive innovation in the global lithium battery recycling industry and further implement ESG principles.
Chen emphasized that Wishes Technology is committed to the belief of “rooted in Taiwan, with a global perspective.” The company will actively seek and welcome new collaboration opportunities from both domestic and international partners to promote innovative and environmentally friendly waste lithium battery recycling technology to the global market, assisting more countries and regions in achieving green recycling of lithium batteries.