The Korea Innovation Foundation, currently operating the 2024 Global Technology Commercialization Support Program (North America), has chosen three energy companies – BK Energy, BA Energy, and VINATech are chosen for the support program.

This initiative selects “innovative” technology companies in the fields of construction, energy, IT and equipment, and biotechnology. The program provides comprehensive consulting support to help these companies apply their technologies and products on a trial basis to local facilities or projects operated by overseas companies and institutions, enabling on-site commercialization.

BK Energy – Floating rotating photovoltaic system

The first item is the floating rotating photovoltaic system. By utilizing a buoyant rotating axis, this technology operates efficiently regardless of water depth, offering a cost-effective alternative to traditional fixed-axis installations, the company says. It increases energy production by over 15%, providing enhanced efficiency and significant savings. Ideal for environmentally conscious consumers, this system maximizes solar exposure throughout the day, ensuring optimal performance and sustainability, according to the company.

BA Energy – Battery safety systems

The second item is the growing importance of battery safety systems and monitoring solutions. In the U.S., fires involving EVs have caused millions in damage, raising concerns over battery manufacturing defects, external impacts, and thermal runaway—a process that exacerbates battery fires. Challenges in extinguishing these fires highlight the need for improved safety measures across industries utilizing lithium-ion batteries.

To address these risks, BA Energy Co., LTD has engineered advanced Battery Safety Boxes (BSBs). These BSBs have been successfully implemented by several major automakers, including those in the premium and luxury segments (e.g., Mercedes Benz, Volvo). The BSBs are designed to isolate and contain battery packs during accidents, preventing the spread of fires. They continuously monitor the battery’s status in real-time through integrated sensors, transmitting critical data to a central Safety Management System (SMS) for enhanced safety monitoring.

VINATech – Supercapacitors

The last item is the supercapacitor, aluminum polymer/hybrid capacitor. VINATech is a w supercapacitor, aluminum polymer/hybrid capacitor manufacturing company. Also, it provides fuel cell materials, catalysts and Membrane Electrode Assembly (MEA). All the products are produced in the facilities that VINATech designed in-house and the production line is based on smart factory technologies. The company says it is striving to experience better technologies for customers by applying them to the next-generation automobile, communication equipment, IoT, and industrial equipment of leading companies around the world.