History

OCI Power was established in 2012 through 100% equity investment by OCI.
Beginning with the US Alamo Solar PV Project, we launched our solar energy solutions business in close partnership with KACO Korea,
the Korean R&D subsidiary of KACO, a German solar inverter manufacturer.
In 2019, OCI Power created a synergy between Korean and German technological excellence by acquiring KACO Korea.

2024

Launched High-efficiency & Large capacity (1.1MW~4.4MW) inverters: OG1100, 2200, 3300, 4400
2023

Achieved export milestone: USD 7 MILLION

Installed 1500Vdc inverter system (OP Series) (Cumulative capacity: 547MW)
2020

Installed Korea’s first 1500Vdc inverter system (OP series) with 96MW capacity
2019

Acquired KACO New Energy’s South Korean subsidiary
2018

Relocated headquarters and factory to the Gunsan Free Trade Zone

Installed 51MWh peak-shaving ESS at OCI Gunsan factory
2016

Launched 2MW inverter for North American market (UL)

Launched 1MW ESS PCS
2014

Supplied 1MW outdoor inverter to North American market (UL)

Participated in the Korean government’s FR ESS Project

17MW IPP including Seoul Water Purification Plant and Vehicle Depot
2012

Won Alamo project in the United States

Establishment of OCI Power (OCI equity investment)
2011

Obtained Korea-EU FTA Certification

Achieved export milestone: USD 50M
2010

Certified 100,350kW inverter by CGC

Achieved export milestone: USD 20M

First in Korea to obtain UL certification for PV inverters

First in Korea to obtain CE certification for PV inverters
2007

Established KACO Korea as a corporate R&D center