Ingine

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)

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

Received Inno-biz Certificate

02
Signed an MOU to install wave energy plant in Indonesia
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)

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
Received Inno-biz Certificate
02
Signed an MOU to install wave energy plant in Indonesia

Perfecting Our Wave Energy Converter and Beginning the Commercialization Process

2018

Signed a licensing agreement
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.
09
VALIDATION OF
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.
REAL SEA
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

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

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

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