INGINE is a global leader in cost-effective and stable onshore wave energy generation.
Onshore wave energy generation is an optimal replacement for diesel on islands and coastal regions.
In the future, we plan to further develop our technology to expand to offshore wind farms.
INGINE’s solar energy project is showing consistent sales growth and is helping the company accumulate valuable know-how. We plan to converge our wave power technology with solar technology and make our own unique contribution to the field of solar energy.
Energy Storage Systems (ESS) are essential
for the transition to renewable energies.
INGINE is pushing forward this transition by
supplying safe and cost-effective energy storage systems with no risk of fire.
Energy systems and solutions we supply
are built based on the strong design expertise
we have acquired over the years.
We will pave the path to a clean planet by supplying essential facilities for wave power generation and ESS, manufacturing secondary cell batteries, and developing solutions for waste battery resource recycling.
INGINE Wave Energy Systems (UK subsidiary of INGENE), as a UK innovation technology provider, was selected as a delegate in the Energy Catalyst Brokerage Visits to Vietnam from 24th February to 4th March 2023, attending meetings with the Ministry of Industry and Trade & the Ministry of Planning and Investment, Vietnam. Following this the delegation attended receptions at the British Ambassador's Residence in Hanoi and the British General Consulate in Ho Chi Minh City. Lee Sung-won, head of NGINE Wave Energy Systems pitched in a reception at the British Ambassador's Residence in Hanoi Vietnam, networking with diverse clean energy industries, BritCham members, and potential local partners. Innovate UK run Brokerage Visits for UK businesses to understand the country’s market, challenges, and opportunities for the Energy Catalyst Funding programme. INGINE Wave Energy Systems Ltd as the selected delegate, have o...
2023.03.15INGINE is honored to be selected as the winner of ECR9 (Energy Catalyst Round 9). ECR9 is operated by Innovate UK, a UK government innovation agency and it has selected the consortium formed by INGINE and its UK subsidiary IWES (INGINE Wave Energy Systems), University of Highlands and Islands (UHI), and PT Indonesia Power (PTIP) for a wave energy project in Indonesia. ECR is one of the best selection programs in the clean energy sector, and since 2014, it has worked with more than 200 developing country partners to support more than 750 energy innovation companies. With this support, INGINE Consortium will focus on the feasibility study of the wave energy project in Indonesia's eastern Nusa Tengara region and the design of the initial power plant. >> A panoramic view of East Nusa Tenggara in eastern Indonesia After the initial stages, INGINE aims to complete a wave energy generation system on the coas...
2022.12.10INGINE Inc. which celebrated its 10th anniversary this year, has reorganized its corporate brand to become a sustainable company pursuing energy, environment, and life. To deliver the new vision to customers and communities, the new corporate brand represents four-line waves of sustainable companies moving toward a future of energy convergence and better growth. Green Line Wave embodies energy technology for a sustainable tomorrow, and Yellow, Magenta, and Blue Line embodies the three core values of INGINE: Challenge Yourself, Love Neighbors, and Do Right Things Right < Core Values > INGINE's new logo type is the INGINE wave font developed by INGINE, which expresses the smooth communication of technology and nature, trust, and emotion in a modern way. You can download INGINE Wave Font from the brand story page of the INGINE website for free.
2022.10.19INGINE succeeded in attracting 2 billion won in investment from Korea Venture Investment Corp (KVIC) in March 2022. The R&D matching fund is a matching investment in which KVIC co-invests alongside institutional investors. The purpose of this investment is to assist companies to commercialize their technology. This investment served as an opportunity to reaffirm INGINE's technological achievements and it is expected that the secured funds will be used to upgrade technologies such as strengthening R&D capabilities and expanding patents. INGINE's CFO, Keyyoung Lee asserted that "As a renewable energy company, INGINE will strive to create a sustainable earth through wave energy power generation and other energy related businesses."
2022.04.04On March 15, 2022, INGINE entered an Agency Agreement with SINOTRADE, a company directed by Mr. Vincent Pradier (Chairman and Managing Director), for wave energy project development in Taiwan (RoC). As such, SINOTRADE will be INGINE’s wave energy business representative in Taiwan and will be mobilizing mutual resources and network to promote the deployment of INGINE’s WEC technology in the territory. In this endeavor, major stakeholders will include the Taiwan Power Company (TPC), local and national government including Taiwan’s Ministry of Economic Affairs’ Bureau of Energy, as well as selected Taiwanese harbors operated by the Taiwan International Ports Corporation (TIPC) INGINE’s Business Development Director Mr. Dae Hyun KIM has expressed the company’s enthusiasm about this new partnership: “Currently, there is growing momentum in Taiwan to enable the development of marine renewable energy beyond offshore wind energy: the public, private and academic sectors are coming t...
2022.03.18Last month, INGINE was ranked 9th globally and 2nd in Korea for marine energy in Forbes Korea’s ‘Top 20 innovative companies/organizations in ESG & carbon reduction’ ranking. Other Top 20 organizations involved in marine energy included the Chinese government in 1st place and Zhejiang Ocean University in 2nd place. Beside INGINE, Korean companies and institutions that were ranked included the Korea Institute of Ocean Science and Technology placing 6th, Samsung Heavy Industries in 11th place, the Korea Institute of Energy Research in 16th place, and the South Korean government in 17th place. Forbes Korea’s ranking methodology included the calculation of the carbon reduction effect index of companies and organizations in Korea. Data was sourced from Japanese intellectual property rights firm Asta Muse’s database, which includes approximately 700 million IP articles. The carbon reduction effect index, which assesses the ...
2021.11.10