Small and Medium-Sized Supercapacitors Jump To Top World Sales 


Focus on medium and large products and hydrogen fuel cell sectors for second growth 



We will also actively expand our business by expanding our production bases in Vietnam and Korea 

  View of the Vinatech R&D Center located in Jeonju, Jeollabuk-do. 

Vinatech, a company specializing in supercapacitors, is preparing to explore new markets by diversifying business models.

Vinatech, founded in 1999, is a specialized company that researches and manufactures materials and parts for supercapacitors and hydrogen fuel cells. It has maintained steady growth every year, being listed on KONEX in 2013 and relocating to KOSDAQ in 2020.

Vinatech, which recorded about 87.6 billion won in sales last year, is preparing for future growth items in the field of super capacitors and hydrogen fuel cells, which are drawing attention as next-generation business models.

The decision was made based on the judgment that it would not be easy to continuously expand sales with existing flagship products. In fact, small super capacitors for telecommunication equipment, automotive electronics, UPS and electricity meters can only generate material and parts sales. In addition, the company was a leader in the global market for small and medium-sized businesses due to automated production lines and superior cost structure compared to competitors, but the situation is that growth is not easy anymore.

As a result, Vinatech has decided to actively pursue diversification of business models along with expansion of its business units. Its goal is to expand sales in the cash cow market to mid- to large-sized markets and seek future food through hydrogen fuel cell-related businesses.

The super capacitor market, which can be used in mid- to large-sized sectors such as smart grids, logistics, and FRESS, is a priority target. In particular, Vinatec's decision is attracting more attention as the super capacitor market grows rapidly due to the development of wireless communication technology.

  Vinatech Plant 1 located in Wanju Techno Valley, Wanju-gun, Jeollabuk-do  

Vinatech, which built a factory in Vietnam in 2018, has significantly increased its production by acquiring SoosanEnesol, a capacitor company, and adding a Vietnamese production base this year. 

In mid-year, the company is preparing to take a full-fledged leap forward by completing the first plant that produces membrane electrode assembly (MEA), a key material for hydrogen fuel cells, and the second plant that produces medium and large supercapacitors in the general industrial complex of Wanju Techno Valley in Jeollabuk-do. When the third and fourth plants are completed as scheduled, a total of 17,725 pyeong of large-scale production plant base will be secured.

"Vinatech is actively expanding its business by building factories and securing funds after seeing the growth potential of super capacitors," said Song Kyung-eun power solution Head of Division. "If production begins in earnest at the new plant, super capacitors will be used for future items such as UPS, ESS, and E-mobility."

It is also encouraging that the ESS business using supercapacitors is gradually taking shape. The know-how accumulated by participating in KEPCO FR ESS projects since the mid-2010s has shone.

Vinatech has devised a method of combining a lithium-ion battery and a supercapacitor into a hybrid. If high output is needed, it first releases energy through a supercapacitor to respond to sudden energy demands and ensure safety by preventing the lithium-ion battery from being overwhelmed. In particular, it has more advantages in dealing with the initial situation in the era of energy transition where power stability is important.

To this end, Vinatech, along with KEPCO, installed a high-capacity supercapacitor ESS hybrid system for MW-class world's largest frequency adjustment (FR) at the Gochang Electric Power Test Center in 2022 as a project of "Development and Empirical Research of MW-class High-Capacity Supercapacitor Systems."

This ESS will be used for the stabilization of the local power system in Ireland as KEPCO and Irish ESS operator Lumcloon Energy decided to develop a new commercialization model for supercapacitor ESS in May.

Head of Division Song said, "The importance of ESS is increasing as the global power grid instability intensifies, and safety and initial response are also considered the top priority in countries around the world," adding, "We expect demand to expand further in the future because Vinatech's hybrid ESS compensates for the shortcomings of existing ESS and has the characteristics of high quality."


*Source : (https://www.electimes.com)