- CEO
- Jong-Hyun Seo
- Full Time Employees
- 57
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Seoul South Korea
- IPO Date
- May 16, 2022
- Business
- Dae Myoung Energy Co. Ltd. is a South Korea-based renewable energy company specializing in the comprehensive development, construction, and operation of clean power generation infrastructure. Founded in 2000 and headquartered in Seoul, South Korea, the company operates a vertically integrated business model spanning project feasibility assessment, engineering, procurement, and construction (EPC), long-term operation and maintenance (O&M), and utility-scale power generation. The company provides products and services across key business segments: wind power solutions, including the site surveying, engineering design, turnkey construction, and commercial operation of onshore and offshore wind farms; solar photovoltaic systems, covering utility-scale solar farm development, EPC delivery, and grid integration; battery energy storage systems (BESS), offering grid-scale energy storage design, battery facility construction, peak-shaving infrastructure, and power system stabilization; operation and maintenance services, providing continuous technical supervision, turbine and inverter servicing, asset management, and preventive maintenance for operating renewable facilities; energy trading and market operations, comprising the wholesale dispatch of clean electricity to national power grids and the monetization of Renewable Energy Certificates (RECs); and digital power solutions, including virtual power plant (VPP) management and power generation forecasting. In recent developments, Dae Myoung Energy has reinforced its domestic project portfolio through major construction awards and capacity expansions. The company secured a KRW 136 billion turnkey EPC contract for the Gokseong Green Wind Power Project through its specialized project subsidiary and advanced the construction and grid-connection phases of its 26-megawatt Gimcheon Wind Power facility. Additionally, Dae Myoung Energy expanded its energy storage portfolio by securing EPC contracts alongside 15-year long-term O&M agreements for utility-scale battery energy storage systems, including the Goheung Naro BESS and Gwangyang Hwanggeum BESS projects. The company has also expanded its long-term project pipeline to include approximately 1.7 gigawatts of offshore wind developments across projects such as Anma Offshore Wind, Gai Offshore Wind, and Dado Offshore Wind, while implementing community-participatory investment frameworks across new regional wind assets.