It all began by going to Kazakhstan in 2010 as a KOICA agent. He fell in love with unlimited solar resources and renewable energy, and he started a structure design business by using renewable energy when he came back to Korea in 2014. Currently, D&E is developing a mobile solar power system that can be easily installed by anyone even in remote areas where power energy is not easily accessible.
D&E, which participated in MIK Hot Spot (Made in Korea Online Exhibition) Daejeon/Sejong, hopes to meet buyers and investors. AVING News, the host of the online exhibition, met D&E for the interview.
Please introduce your product.
We are almost finished with developing the power generation system using a mobile solar ESS. This is a solar system that can be installed in 30 minutes by two people in remote areas without electricity. Due to the nature of the location, there are not many technologies that can transmit power from a power plant far, so this system is expected to be very useful. Currently, we are developing 5KW products, and this is enough for 5 to 10 households in the village. The biggest advantage is that it is easy to transport and install.
What is the most outstanding product competitiveness?
The most important part of our power generation system is the energy storage system. Our product uses lead batteries. In Korea and Europe, lithium batteries are mainly used, and the performance is good, but the price is very expensive. We are now using a low-cost, locally available energy storage system using lead batteries, and our product has the technology to use solar power and ESS.
Also, to assemble solar power generation system, foundation must be made and a lot of manpower is needed, especially the engineers. But everything in our system is modularized, so two people with no engineering background can install it in just 30 minutes. It is an all-in-one system that can be used immediately by plugging in an outlet, and it does not need support from the ground. It is hung on the main body of the container. So, it can be installed regardless of the condition of the land.
What are your future goals?
We are planning to launch our products within this year and aiming to sell about 1 billion this year. The goal is to take the main parts and technologies on site and make them, and supply them to the Eurasian region, Central Asia and Russia. Starting this year, we are confident that the sales of products will increase rapidly next year and in the next two to three years. We now own seven patents. We have received subsidiary for some last year from the technology guarantee fund. Above all else, we are in dire need for “investment’.” We are making so much effort to focus on attracting investments, and make connections with them.
Online marketing is taking more roles these days due to the COVID-19 issue. Since the limitation on the offline activities is applied to the companies as well as the investors and buyers, many are looking for company information online. In this day and age, online convention has transformed itself from being an alternative to the main trend. In particular, it is expected that the “video” that delivers company information will play the role of a company’s “SFO (Store, Factory, Office)” at the final point of communication.
For this, the global news network AVING News has begun holding the MIK Hot Spot (Made in Korea Online Exhibition) to help small and medium-sized companies enter the market and attract investment on April 9, 365 days a year. Already, more than 90% of AVING’s main subscribers are clients of companies, such as buyers, consumers, and investors who search for specific products and company information. AVING News contents are surely ‘”SOF (Store, Office, Factory)” by itself, making it a very attractive exhibition hall in that sense.
AVING News has been running online exhibitions since 2005 and had 975 online exhibitions so far. Its YouTube online exhibition has placed itself as Korea’s largest online exhibition hall that opens 365 days a year with 19,000 videos (booths) with more than 800,000 visits per month which means more than 10 million visits per year.
Based on the accumulated online and offline network, the MIK Hot Spot online exhibition is scheduled to be held regularly according to the field, target market, and participating institutions, and it will be presented as a new type of online business by transforming the know-hows and values of the participating companies according to the trend. Companies that want to participate can apply and apply through the marketing support projects from supporting institutions in the local governments. Refer to the institutions for more information.