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History

History of Youngin Energy Solutions
2023

Change of company name to Youngin Energy Solutions Co., Ltd. 

Selected as the first offshore wind OE(Equinor Ulsan Firefly Project)

Development of 25.8kV Breatherless Type MOF

Entry into Offshore Wind and Solar Power Business

(Launch of the New Growth Business Division)

Received Certification of Achievement Award by KEPCO

2022

Received a commendation as an excellent partner from Korea Hydro & Nuclear Power

Cumulative annual orders exceeded KRW 100 billion

Obtainedd ISO45001 certification

2021

Minister Award by Ministry of Trade, Industry and Energy

Selected as the best quality power equipment company by Korea Electric Power Corporation

Promotioning IPO(Initial Public Offering) on KOSDAQ

2020

Completion of three 230kV Substation in Myanmar

Achieved 100 million dollars in accumulated exports to Myanmar

Minister Award by Ministry of SMEs and Startups

patents  application  on Combined Tranformer, Passed KERI Type test

2019

Signed MOU with CTE TECH CO., LTD.

Received Excellent Taxpayer Award by National Tax Service (CEO Kim Young-dal)

Awarded Korean Excellent Quality Management Company of Seoul Economic Daily

Awarded the Grand Prix of Quality Management of KEPCO E&C

2018

Selected as KEPCO Energy Valley Star Company

Signed MOU with VITRO TECH

Received Outstanding Alumni Award by Myongji University (CEO Kim Young-dal)

2017

Completed constructing distribution panel and transformer factory in Yangon, Myanmar

Completed of switchboard factory in Naju Innovation Industrial Complex, Jeollanam-do

Received Innovative Entrepreneur Award of the Year from Sisa Today (CEO Kim Young-dal)

Signed MOU with KEPCO for HRD Center Establishment in Myanmar
Signed an overseas business technical support agreement with KEPCO Gyeonggi Headquarters
Registered Naju Factory with KEPCO as qualified distribution panel factory

Reached 70 Million USD Sales Revenue in Myanmar

2016

Signed Agency Contract with LSIS for extra-high voltage substation equipment
Participated in EPREM 2016 Exhibition in Myanmar
Participated in BIXPO 2016 Exhibition in Korea
Received Bronze Award of Trade awarded by Industrial Bank of Korea
Acquired Certification of Excellent Service Quality from Korea Company Certification Institute
Signed MOU with APCON, Thailand

Established MYD INTERNATIONAL in Yangon, Myanmar
2015

Awarded USD 3 Million Export Award by Korea International Trade Association
Participated in BIXPO 2015 Exhibition
Selected as INNO-BIZ company
Establishment of a corporate research center

Acquired KEPCO Trusted Partner certificate

2014 Established MYANMAR YOUNG IN in Myanmar
Signed MOU with FORTUNE ELECTRIC, China
2013 Received Grand Award in Technology Quality by Seongnam Chamber of Commerce and Industry
2012 Registered as qualified supplier of ECMS at 5 Korean power plants; Korea Southern Power, Korea East-west Power, 

Korea South-east Power, Korea Midland Power, and Korea Western Power

2011 Signed agreement with Vu-White Energy Solution Co., USA for turn-key design, supervision and inspection, testing and commissioning of substation
Received Achievement Award from the Ministry of Knowledge and Economy
Registered 4 patents on the designs of substation and transmission systems
2010 Acquired Certification of Excellent Service Quality from Korea Company Certification Institute