MicoPower

About MicoPower

MicoPower operates as a specialized developer and manufacturer of high-efficiency, eco-friendly Solid Oxide Fuel Cell (SOFC) systems. The company spun off from its parent, MiCo, in 2021 to focus exclusively on the commercialization of SOFC technology, a journey that began within MiCo in 2008 with the development of SOFC materials and cell manufacturing technology. Under the leadership of CEO Tae-hyung Ha, MicoPower has established itself as the sole domestic entity in South Korea with a vertically integrated production system, encompassing everything from cell and stack manufacturing to the final system assembly.

The firm's core business revolves around its proprietary 'TUCY' product line, which stands for "Tomorrow's Lucy," signifying a new energy source for future generations. These SOFC systems are designed for distributed power generation, providing a reliable and clean energy source directly where electricity is needed. The product portfolio includes models tailored for different applications, such as the 'TUCY' for buildings, 'TUCY Hydrogen' which runs on green hydrogen without carbon emissions, and 'TUCY Sustainable' for emergency power backup during outages. These systems are available in various capacities, including 2kW and 8kW models, and are characterized by high electrical efficiency, low noise, and a compact footprint.

MicoPower primarily serves clients in need of independent power solutions for buildings and facilities, with a business model centered on the sale of these advanced fuel cell units. The company's market strategy initially focuses on the building-fuel-cell market, with ambitions to expand into the broader power generation market. The company has received numerous certifications and awards for its technology, underscoring its position in the renewable energy sector.