On June 2, INGINE participated in the Korea-France Business Partnership, a French economic affair event held in Paris, France.

Europe is the birthplace of wave-power generation technology, and the market environment is good. Therefore, INGINE was thinking about expanding business to Europe. This event gave us a chance to focus on various and necessary consultations.

In particular, the Normandy representative showed a lot of interest, especially since Normandy has a very good location to apply for INGINE’s wave-power generator. Through consultation with the State Council, several sites, including Cherbourg, were recommended as installation locations, and INGINE decided to report feasibility studies and test installations.

Through KOTRA, INGINE was introduced to a partner to undertake this project. And INGINE signed an MOU for facility orders in Normandy, France.