Energy Catalyst is the agency’s renewable energy program to support the country’s commitment for a just and inclusive clean energy transition. “I am very happy to help those who desperately need electricity with our next-generation wave power technology,” said Ingine CEO Sung Yong-jun. The company said its 500 islanders depend heavily on conventional diesel power for electricity without any large-scale renewable power generators except small-size solar systems. Wave power has gained attention as a clean and renewable energy source since 2000. Ingine has developed wave power technology as a renewable energy source since 2012.

Source: The Times December 13, 2023 12:32 UTC