HISTORY
PREPARING FOR COMMERCIALIZATION
2019 – Present
Commercializing our Technology with Partners in 10+ Countries
While we have yet to fully enter the market, INGINE’s technology is already gathering much attention around the world as discussions are taking place on specific projects across four continents.
2020
09
INGINE Pacific selected as a member of Vietnam Energy Accelerator Program 2020
07
Established a subsidiary in Vietnam – INGINE PACIFIC Co., Ltd
05
UK subsidiary IWES awarded support from the North West Europe Marine Energy Alliance (MEA)
01
Registered as a member of 1% For the Planet
and the Australia Ocean Energy Group (AOEG)
and the Australia Ocean Energy Group (AOEG)
2019
12
Signed an agency agreement for France territory
11
Signed a 5-party MOU between Quang Ngai province, INGINE, SK Innovation, Doosan Vina, and Vingroup
10
Joined the “I Green, We Green” global environmental campaign in Vietnam
09
Selected for the Clean Energy for Rural and Remote Communities Program in Canada
06
Signed an agreement with SK Innovation for the “SV2 Impact Partnering” Program
PREPARING FOR
COMMERCIALIZATION
COMMERCIALIZATION
2019 – Present
COMMERCIALIZING
OUR TECHNOLOGY WITH PARTNERS IN 10+ COUNTRIES
OUR TECHNOLOGY WITH PARTNERS IN 10+ COUNTRIES
While we have yet to fully enter the market, INGINE’s technology is already gathering much attention around the world as discussions are taking place on specific projects across four continents.
2020
09
INGINE Pacific selected as a member of Vietnam Energy Accelerator Program 2020
07
Established a subsidiary in Vietnam – INGINE PACIFIC Co., Ltd
05
UK subsidiary IWES awarded support from the North West Europe Marine Energy Alliance (MEA)
01
Registered as a member of 1% For the Planet and the Australia Ocean Energy Group (AOEG)
2019
12
Signed an agency agreement for France territory
11
Signed a 5-party MOU between Quang Ngai province, INGINE, SK Innovation, Doosan Vina, and Vingroup
10
Joined the “I Green, We Green” global environmental campaign in Vietnam
09
Selected for the Clean Energy for Rural and Remote Communities Program in Canada
06
Signed an agreement with SK Innovation for the “SV2 Impact Partnering” Program
Perfecting Our Wave Energy Converter and Beginning the Commercialization Process
2018
Signed a licensing agreement
for North America and South America markets
for North America and South America markets
05
Signed an MOU to install wave energy plant in Indonesia
11
2017
Received the Merit Award for Startups Promotion from the South Korea’s Ministry of SMEs and Startups
11
Received a grant for the Global Star-Venture R&D Project by South Korea’s Ministry of SMEs and Startups
06
Received a grant for the Technology Development Program to solve Climate Change by the South Korea’s Ministry of Science and Technology
05
Signed a four-party MOU in Sri Lanka
04
2016
Established a subsidiary
in the UK – INGINE Wave Energy Systems Ltd.
in the UK – INGINE Wave Energy Systems Ltd.
09
VALIDATION OF
TECHNOLOGY
TECHNOLOGY
2016 – 2018
VALIDATION OF TECHNOLOGY
2016 – 2018
PERFECTING OUR WAVE ENERGY CONVERTER AND BEGINNING THE COMMERCIALIZATION PROCESS
2018
05
Signed a licensing agreement for North America and South America markets
11
Signed an MOU to install wave energy plant in Indonesia
2017
11
Received the Merit Award for Startups Promotion from the South Korea’s Ministry of SMEs and Startups
06
Received a grant for the Global Star-Venture R&D Project by South Korea’s Ministry of SMEs and Startups
05
Received a grant for the Technology Development Program to solve Climate Change by the South Korea’s Ministry of Science and Technology
04
Signed a four-party MOU in Sri Lanka
2016
09
Established a subsidiary in
the UK – INGINE Wave Energy Systems Ltd.
the UK – INGINE Wave Energy Systems Ltd.
REAL SEA
TEST
TEST
2014 – 2015
Demonstrating Our Onshore Wave Power Generation Technology with Real Sea Testing
After three years of research, we built a wave power generation demonstration plant in Bukchon, Jeju City in Jeju Island.
This demonstration plant allowed INGINE to enter the international scene of wave power generation.
2015
12
Completed construction and started commission of Jeju Bukchon Wave Power Plant
11
Received development grant from the Korea Credit Guarantee Fund and the South Korea’s Small and Medium Business Administration
09
Signed a licensing agreement for Japan market
07
Selected as an IPP (as a member of POSCO Consortium) for Chuja Island’s “Eco-Friendly, Self-Sufficient Island Project” by KEPCO
2014
11
Received a Prime Minister Award in the engineering category of Knowledge Economy sponsored by Korean Government.
Received a commendation from the Ministry of Trade, Industry and Energy of Korea “Entrepreneur of the Year”
06
Received development grant from the Ministry of Trade, Industry and Energy of Korea
REAL SEA
TEST
TEST
2014 – 2015
DEMONSTRATING OUR ONSHORE WAVE POWER GENERATION TECHNOLOGY WITH REAL SEA TESTING
After three years of research, we built a wave power generation demonstration plant in Bukchon, Jeju City in Jeju Island.
This demonstration plant allowed INGINE to enter the international scene of wave power generation.
This demonstration plant allowed INGINE to enter the international scene of wave power generation.
2015
12
Completed construction and started commission of Jeju Bukchon Wave Power Plant
11
Received development grant from the Korea Credit Guarantee Fund and the South Korea’s Small and Medium Business Administration
09
Signed a licensing agreement for Japan market
07
Selected as an IPP (as a member of POSCO Consortium) for Chuja Island’s “Eco-Friendly, Self-Sufficient Island Project” by KEPCO
2014
11
Received a Prime Minister Award in the engineering category of Knowledge Economy sponsored by Korean Government.
Received a commendation from the Ministry of Trade, Industry and Energy of Korea “Entrepreneur of the Year”
06
Received development grant from the Ministry of Trade, Industry and Energy of Korea
Researching clean energy solutions to power isolated islands
After asking ourselves if there was a clean energy that could replace diesel on small islands, we decided to focus on wave energy – the most prevalent resource you can find at sea.
2013
Wave energy pilot scale field test
09
2012
Established in Seoul, South Korea
07
RESEARCH AND
DEVELOPMENT
DEVELOPMENT
2012 -2013
RESEARCH AND DEVELOPMENT
2012 -2013
RESEARCHING CLEAN ENERGY SOLUTIONS TO POWER ISOLATED ISLANDS
After asking ourselves if there was a clean energy that could replace diesel on small islands, we decided to focus on wave energy – the most prevalent resource you can find at sea.
2013
09
Wave energy pilot scale field test
2012
07
Established in Seoul, South Korea