Seven South Korean inverter manufacturers form industry association
By Global Infrastructure Sherpa · Feb 23, 2026
next-generation distributed grid
Project
Seven South Korean inverter manufacturers, including OCI Power, Dass Tech, Ecos and Dongyang E&P, set up a new industry association to address cybersecurity risks, harmonize standards and reinforce domestic production.
Deal Analysis
Seven South Korean inverter manufacturers, including OCI Power, Dass Tech, Ecos, and Dongyang E&P, have formed an industry association. This partnership aims to address cybersecurity risks within the sector, harmonize industry standards, and bolster domestic production capabilities. While the financial value of this collaboration remains undisclosed, the formation of this association signals a proactive approach by South Korean manufacturers to strengthen their position in the solar inverter market and address emerging challenges.
The association's focus on cybersecurity and standardization suggests a strategic effort to enhance the competitiveness and reliability of South Korean-made inverters. By working collectively, these manufacturers can potentially achieve economies of scale in research and development, improve product quality, and navigate evolving regulatory landscapes more effectively. The emphasis on reinforcing domestic production further indicates a commitment to supporting local manufacturing and reducing reliance on foreign suppliers.
- Formation of an industry association by seven South Korean inverter manufacturers.
- Focus on addressing cybersecurity risks and harmonizing industry standards.
- Emphasis on reinforcing domestic production capabilities.
- Key players involved include OCI Power, Dass Tech, Ecos, and Dongyang E&P.
Market Context: The deal is in the solar energy sector, specifically focusing on inverter manufacturing in South Korea. The formation of this association suggests a maturing market where collaboration and standardization are becoming increasingly important.
Source Intelligence
KEY DETAILS
The South Korean government plans to upgrade regional distribution networks, deploy 85 energy storage systems, and expand solar integration while piloting microgrids and market reforms. "The government’s distributed-grid roadmap sits within the broader, ongoing transformation of South Korea’s electricity system, where energy storage, digitalization and domestic manufacturing capacity are emerging as strategic pillars."
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Deal Size
The South Korean government has announced plans to invest KRW 321 billion ($222.6 million) in 2026 to upgrade regional distribution networks, deploy 85 energy storage systems, and expand solar integration while piloting microgrids and market reforms.
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Capacity
deploying 85 energy storage systems by 2030 – starting with 20 units in 2026 – to enable an estimated 485 MW of additional solar connections
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Location
South Korea unveiled its next-generation distributed grid strategy at a recent discussion forum in Seoul, with plans to expand distributed generation and support region-specific electricity production and consumption.
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Announcement
February 23, 2026
PARTIES MENTIONED IN SOURCE
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Ministry of Climate, Energy and Environment
government
"The Ministry of Climate, Energy and Environment said in an online statement it will begin regional distribution network upgrades to accommodate variable renewable energy and reduce congestion, deploying 85 energy storage systems by 2030"
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Korea Electric Power Corp. (Kepco)
distribution system operator
"Korea Electric Power Corp. (Kepco) will act as distribution system operator, using an advanced distribution management system to forecast solar output and dynamically control storage charging to prevent overloads."
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Korea Energy Agency
"Two cooperation agreements were signed at the forum, involving the ministry, Korea Energy Agency, Kepco and Korea Power Exchange to enhance information sharing and storage system operations"
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Korea Power Exchange
"Two cooperation agreements were signed at the forum, involving the ministry, Korea Energy Agency, Kepco and Korea Power Exchange to enhance information sharing and storage system operations"
high quality
Enriched Feb 23, 2026
Market Context
This deal is part of the Solar sector in South Korea.
1 of 452 Solar deals tracked this month · Updated daily
Global Infrastructure Sherpa