Solarize Co., Ltd. , a company specializing in intelligent inverter solutions, announced on the 29th that it was selected as an excellent company in the final evaluation of the '2024 Early Startup Package Support Project' hosted by the Ministry of SMEs and Startups and the Korea Institute of Startups and Entrepreneurship Development. This evaluation was conducted through a comprehensive review of the completeness of technology development, commercialization performance, and growth potential.
Through this project, Solarize has developed a total of three core products: a smart inverter for fuel cells, a smart converter for water electrolysis, and a facility-linked RTU (remote terminal unit). The products have completed performance verification in a real-time HILS (Hardware-In-the-Loop Simulation) simulation environment based on Pohang University of Science and Technology (POSTECH).
It also received attention for achieving sales of approximately 260 million won during the business period. This was evaluated as a case that proved the commercialization potential and marketability of the technology, as it was a performance directly linked to the developed product.
Solarize is a faculty-founded company based in the Department of Electrical and Electronic Engineering at POSTECH, focusing on the development and commercialization of next-generation distributed power conversion technologies such as high-speed MPPT-based string inverters, MLPE (module-level power electronics) optimizers, and cloud-based integrated control platforms.
CEO Kim Young-jin said, “Through this selection as an excellent company, Solarize’s technological capabilities and market responsiveness have been officially recognized,” and added, “We will expand our business areas to zero-energy buildings (ZEB), industrial complexes, and hydrogen energy in the future, and grow into a key partner in the era of energy transition.”
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