Why Wave Energy
A constant surge of wave flow contains a hidden potential of 3 terawatts of energy,
which is higher than the total world’s annual energy demand.
Moreover, wave energy, said to have a higher density index by comparison with that of solar or wind,
is posed to be recognized as a more economical and stable source of electricity.
WORLD WAVE ENERGY RESOURCE MAP
How It Works
INWaveTM, INGINE’s Wave Energy Converter (WEC) technology, is an innovative method of generating power
using the whole range of wave movements, enabling its application even in shallow waters
where conventional/existing technologies otherwise have difficulties.
(You can view a prototype plant deployed in Jeju, Korea on the video)
INWave Onshore, INIGNE’s first WEC product model, can be easily installed
on land (e.g., breakwater barriers etc.), thereby ensuring durability, safety and affordability.
In light of this, a small-scale power generation and distribution (micro-grid) for/on remote islands and coastal areas,
otherwise inaccessible to existing technologies, will be the first candidate.
Proof of Concept
Based on the results of five year long research and development, in late 2015
the INGINE commissioned a demonstration plant, which is connected to the local grid.
The plant is an operational prototype used for the purpose of demonstration and proof of mechanical concept.
Bukchon Demonstraion Plant in Jeju, Korea
Underwater Pulley Block
INGINE INWave Onshore Type (Concept Animation)
The export voucher business is carried out by Ministry of SMEs and Startups, and it is organized by Small & medium Business Corporation. Among them, INGINE has been selected as a “High Growth Company Export Capability Strengthening Project”. This support project supports growth marketing of high growth companies and encourages growth as a global […]
INGINE was selected as a ‘2017 IP R & D Strategy Support Project’ by the Korean Intellectual Property Office(KIPO) and Korea Intellectual Property Strategy Agency(KISTA). It is a project supporting R & D strategy in connection with intellectual property rights. The goal is to support the patent strategy to preempt the core & original […]
The ‘Global Star Venture R&D Project’, which is implemented by the Small & Medium Business Corporation, selects and supports technology development projects that are highly likely to succeed in global markets such as attracting foreign investment, global M&A, and IPO. It was selected as a company that invested in excellent venture capital and a […]
INGINE was selected as a ‘small but strong company in Seoul’. This project finds and supports small and medium-sized enterprises that young people can work with. It is a project that is going on in Seoul to expand the youth employment and improve the job quality. INGINE has been selected as being excellent in […]
It is a project implemented by the MSIP(Ministry of Science, ICT and Future Planning) and the GTC(Green Technology Center). It is a project to support the advancement of the Korean climate technology industry in order to respond to the demand for climate technology support in developing countries and to lay the groundwork for Korea’s […]
It has signed a four-party (Korea Electric Power Corporation, Sri Lanka Sustainable Energy Authority, INGINE, Sri Lanka Agent) MOU for the Sri Lankan business expansion. First, Sri Lanka Sustainable Energy Authority, INGINE and Sri Lanka Agent signed the agreement. On April 28th, KEPCO finally signed it.
“With Synergy of Human Capital and Technology, We Shall Contribute to Happier Future”
The word “INGINE” is a combination of ‘human’ (人- a Chinese character meaning ‘human being’, read as ‘IN’)
and ‘GINE’ (stems from engineering).
We, at INGINE, are committed to bringing happiness to our customers, shareholders, employees, society and humanity at large by providing new top quality technology and services.
We, at INGINE, believe that the most important components for achieving our business goals are people, unparalleled technological solution and inspiring corporate culture. It is our ultimate managerial objective to bring them all together.
We, at INGINE, believe that all our business activities should be based on the notion that there is no business without trust and support of our customers, shareholders, employees, society and mankind at large.
Plant Engineer, SK Energy
Director of Business Planning and R&D Center, SPG Industry & Chemical
Built technical expertise working for a major petro-chemical company in Korea. Gained management, sales, H&R skills working as a head of business planning division at a SME, and found INGINE Inc.
BS in Chemical Engineering, Seoul National University
HR & Audit Specialist
Has over 25 years of work experience in business planning and HR.
Director of Business Planning & HR Department, SK Innovation
BS in Chemistry, Seogang University
Has over 20 years of work experience in operation and sales.
Sales Manager, Interior Design Operation Department, Kolon Industries Inc.
Head of Operations Division, Sheens Design House
BS in Textile Engineering, Inha University
Has over 10 years of work experience in marine plant design.
Manager, Strategy Planning Dept., Daewoo Shipbuilding & Marine Engineering Co., Ltd.
BS in Naval Architecture & Ocean Engineering, Seoul National University
15 years at Technical Sales/Marketing for GE, Siemens VDO Automotive, Rockwell Automation, Molex, etc.
BS in Physics, Sogang University
Online Marketing Specialist, Real logger Korea Inc.
Project Manager, ‘Wingco’ Mobile Application Development Team, WMH Inc.
BS in Bio-Mechatronics, Seonggyungwan University
Technical Sales Specialist
Responsible for developing Power Convert Unit of the INWave WEC.
MS in Bio-Mechatronics, Seonggyungwan University.
BS in Electrical Engineering, Myungji University
Certified Engineer - Cadastral Surveying
MS in Civil Engineering, Gangwon University
MS in Mechanical Engineering, Bukyong University
Certified Project Management Professional
Certified Field Engineer
Engineer, Machine Design Team, Samsung Engineering
BS in Mechanical & Aeronautical Engineering, Seoul National University
MS in Shipbuilding & Offshore Systems Engineering, Korean Maritime University
BA in Accounting, Shinheung University
BA in Law, Korea University
Controls Engineer, Zeeco Inc. (USA)
BS in Computer Engineering, Oklahoma State University (USA)
Generator Design Specialist
Sr. Engineer, DMS Korea
Sr. Engineer, G&J (China)
BS in Electrical Engineering, Shenyang Industrial University (China)
BA in Physics, Brown University (USA)
MS in Mechanical Engineering, Tsinghua University (China)
MS in Mechanical Engineering, Bugyung University
BS in Electrical Engineering, Oregon State University (USA)
Worked for Jeju Provincial Government
Head Korea-Europe Research Center of Innovation
Researcher, Fraunhofer IGD Research Center (Germany)
Ph.D. in Computer Engineering, Darmstadt University of Technology (Germany)
Former UK Secretary of Energy (2012.2.3~2015.5.8)
Vice President, Oxbridge Capital (UK)
MBA, Cambridge University
BA in Business Administration, Seogang University
Has over 30 years of work experience in civil engineering and construction.
Responsible for erection of INGINE’s Bukchon Demonstration Plant.
Head of Civil Engineering Department, Dongbu Corporation
Certified Professional Engineer – Civil Engineering Execution
Certified Engineer – Construction Safety
BS in Civil Engineering, Seoul National University
Has over 25 years of work experience.
Manager, Plant Construction Team, SK Construction
Project Development Team, Hanwha Energy
BS in Electrical Engineering, Hanyang University
Jun 2017 Grant Received as "2017 IP-R&D Support"
Jun 2017 Award Granted as "Global Star-Venture R&D Project"
Jun 2017 Nominated as Small-but-Powerful SME in SEOUL
May 2017 Grant Received as "Technology Development Program to Solve Climate Changes"
Apr 2017 Signed a MOU by and between Sri Lanka’s Sustainable Energy Authority, Korea
Electric & Power Co., and INGINE for deployment of a pilot plant to Sri Lanka.
Mar 2017 Signed a MOU with Green Energy Institute for promotion and deployment of WEC
technology and stations in Jeonnam Province.
Sep 2016 Established UK Subsidiary, ‘INGINE Wave Energy Systems Ltd.’
Aug 2016 Raised over U$2M in investment
Jun 2016 Signed a MOU with a local partner covering France
Jun 2016 Signed a MOU with a local partner covering Chile
Jun 2016 Signed a MOU with a local partner covering Sri Lanka
May 2016 Raised over U$400K through Crowd Funding (from more than 200 individuals and
Feb 2016 Signed a MOU with a local conglomerate for licensing in Indonesia
Dec 2015 Raised over U$400K through Crowd Funding (from more than 200 individuals
Sep 2015 Signed the first overseas licensing agreement covering Japan
Aug 2015 Received development grant from the Small & Medium Business
Administration of Korea
Jul 2015 Began construction of Jeju Island WEC Demonstration Plant
Jul 2015 Selected as an IPP (as a member of POSCO Consortium) for Chuja Island’s
“Eco-Friendly, Self-Sufficient Island Project” by KEPCO.
Nov 2014 Received a commendation from the Ministry of Trade, Industry and Energy of
Korea “Entrepreneur of the Year”
Oct 2014 Received a “Prime Minister Award/Commendation” in the engineering category
of Knowledge Economy Award sponsored by the Ministry of Trade, Industry
and Energy of Korea & Small and Medium Business Administration of Korea
Jun 2014 Received development grant from the Ministry of Trade, Industry and Energy of
Dec 2012 Established R&D Center
Nov 2012 Obtained certification of “Venture Business”
Aug 2012 Defined Corporate Identity (CI) and changed company name to ‘INGINE Inc.’
Jul 2011 Established