Introduction to World Energy

World Energy 2010-8-5www.worldenergy.co.kr1

Introduction - World Energy Co., Ltd

Contents

• Main Products• Annual Revenue• Sales, Manufacturing

& Service• Engineering Capability• Factory Capability• Company History• R & D History• Delivery Record

Hot Water Driven Absorption Machine (470RT)

Installed at Heungdeuck E-mart


Main Products – Absorption Chiller

Cooling Capacity RangeDouble Effect Exhaust Gas Driven type : 351 ~ 5,272kW (100 ~1500usRT)Single Effect 2 Lift Hot Water Driven type : 264 ~ 4,571kW (75 ~1300usRT)Single Effect Hot Water Driven type : 105 ~ 4,571kW (30 ~1300usRT)The others : Steam driven type, Direct fired Double Effect Absorption Chiller & Heater, Absorption Heat Pump & Heat Transformer

Double-Effect Exhaust Gas Driven Type

Single-Effect Double-Lift Hot Water Driven Type

Single-Effect Hot Water Driven Type


Annual Revenue & R & D Expense

Annual Revenue

• 2005 : $46k (won46million)

• 2006 : $584k (won584million)

• 2007 : $747k (won747million)

• 2008 : $1,675k (won2,093million)

• 2009 : $2,400k (won2,700million)

• 2010 (forecast) : $8,000k (won9,000million)

Expense for R & D

• 2005 : $60k

• 2006 : $290k

• 2007 : $444k

• 2008 : $351k

• 2009 : $400k

• 2010 (forecast) : $350k

A source of Money for R & D

• UTC Power : Components for Fuel Cell, 16DNP, 16DNR

• Korea District Heating Corporation : Development of Absorption chiller, Standardization of District Cooling System

• Ministry of Environment Republic of Korea : Vacuum Distillation Recycling System


Sales, Manufacturing & Service

World EnergyR & D, Engineering,

Drawings, Products Sales, Inspection, Testing &

Service

Sales CompanyCentury, Bumyang, LS Metron,

Honam Refrigeration, Ace Aircon. CHP Solution (U.S), Promore International, Urban Energy

(Australia)

ManufacturerKiturami Refrigeration

Machinery, Jungwoo, Chunin, World E & C

CustomerBuilding Owner, Factory,

Chemistry Factory, Construction Company, UTC Power,

Cogeneration System Company

Drawings, Inspection &

testing

Technical Consulting &

Service

P.O. for Absorption chiller & HX

Shipping

Procuring the Total Air Conditioning

Equipments

Directly Procuring

Absorption chiller


Engineering CapabilityEngineering Capability

• Design & Engineering for absorption chiller and Energy saving products

• Research Activity for District Heating & Cooling

• Design & Engineering of Heat pump system for Energy saving

Performance Test of Absorption chiller

Absorption Heat Transformer10 ton/h

Hybrid type Absorption Chiller & Heater

Vacuum Distillation Recycling System


Factory Capability

Factory Capability for Chillers• Production Line for Absorption Chiller : Annually

100 units

• Inspection Facilities : Helium leak Testers, Hydro-static Testers, Performance Test-Loop

• Factory near to World Energy

Factory Production line

•Performance Test-Loop

• Production Man power : 20 persons (Skilled workers 16 + the others 4)


Company History – 2004 ~ 2006• 2004 Feb. : World Energy was founded.• 2006 May : Single Effect 2 Lift Hot Water Driven Absorption (300RT) were

installed in Korea District Heating Company.• 2006 Sep. : Hot Water Driven Absorption chiller (130RT) was initially exported to

Los Alamitos in U.S.A.• 2006 Dec. : All models of Single Effect 2 Lift Hot Water Driven Absorption (75

~820RT) were launched for Korea District Net work.

Exhaust Gas Driven Simultaneous Absorption Chiller & Heater

Single Effect 2 Lift Hot water Driven Absorption Chiller on 2006 KOTRA Exhibition


• 2007 Feb. : Exhaust Gas Driven Simultaneous Absorption Chiller & Heater was developed for UTC Power, UTRC & Carrier. And, the product was launched.

Company History – 2007

3 sets of 1000RT supplied to Chemical Company

• 2007 Mar. : UL certification was issued for World Energy.

• 2007 Aug. : 3 sets of 1000RT (Hot Water Driven Absorption chiller) were supplied to Ethylene Glycol Chemical Company. The other 5 chillers (Steam Driven type) were designed by World Energy.


• 2007 Dec. : The development of Heating Cycle was started with Single Effect 2 Lift Hot Water Driven Absorption .

Company History - 2008

Large size hot water driven absorption chiller

• 2008 Jun. : The special absorption chiller which utilize the exhaust heat of Methylene Chloride was delivered to Hanwha Petro-chemical Co..

• 2008 Oct. : The large size 1339usRT (Cooling Capacity 4708kW) driven hot water was delivered to Honam Petro-Chemical.


• 2009 Jan. : New model was developed for 2AB series.• 2009 : Total 16 units of 2AB series (Single Effect 2 Lift Hot Water Driven Absorption Chiller) was installed for

District Heating Area & Factory for saving Energy.

Company History - 2009

• 2009 July. : 2AB240 (Single Effect 2 Lift Hot Water Driven Absorption Chiller) was initially installed & operated by utilizing the exhaust heat in Chemical factory.

• 2009 Aug. : 2AB155 (Single Effect 2 Lift Hot Water Driven Absorption Chiller) was initially exported to Germany.

2AB155 for exporting to Germany

2AB240 for Chemical factory

5 units of 2AB470 & 420 for Pankyo District Heating Area


Development History

• 2005 Nov. : Diverter Valve for Exhaust Gas (700℃) Driven Absorption Chiller & Heater

• 2005 Oct. : Heat Recovery Heat Exchanger for Exhaust Gas Driven Absorption Chiller & Heater

• 2006 Aug. : Hot Water Driven Absorption chiller for U.S.A market

• 2006 Dec. : Single Effect 2 Lift Hot water Driven Absorption chiller (75~820RT)

• 2007 Feb. : Exhaust Gas Driven Simultaneous Absorption Chiller & Heater.

R & D History - 1

Diverter Valve for Exhaust Gas (700℃) Driven Absorption Chiller & Heater

Factory Test for Low Temp. Hot Water Driven Absorption chiller


R & D History - 2Research History• 2007 April : Application of Brazed plate HX for District Heating Network

• 2007 Aug. : Measurement & Analysis for District Cooling System (Absorption Chiller 110RT & 103 houses Fan coil unit system)

• 2007 Oct. : Optimization of Absorption chiller for District Cooling Network

• 2008 Oct. : Standardization of Hot Water driven Absorption chiller for District Cooling network

Application of Brazed plate HX for District Heating Network

Relation between Cooling Load & Ambient Temperature


R & D History - 3Research History• 2009 Mar. : Development of Single Effect 2 Lift Hot water Driven Absorption chiller &

Heater for Korea District Heating Company

• 2009 Mar. : Development of Vacuum Distillation Recycling System for Ministry of Environment

1.2 ton/day Proto type of Vacuum Distillation Recycling System

Heating Cycle Diagram of Single Effect 2 Lift Hot water Driven Absorption chiller & Heater


R & D History - 4Research History• 2009 Aug. : Development of Heat Exchanger for UTC Power’s 400kW Fuel Cell

Performance Test of Proto type for Fuel Cell Heat Exchanger

Proto type Heat Exchanger

HX920 - Exhaust Gas Condenser

• Heat Quantity : 302kW

• Exhaust Gas Inlet /Outlet Temp. : 163 → 50℃

• Propylene Glycol Temp. : 38.6 → 58.7℃


Delivery Record – Single Effect & 2 LiftCycle Delivery

Time Customer Location Model No.

Capacity (usRT)

Single effect & 2 Lift

Jun-08 Korea District Heating Company Bundang Korea 2AB300 1 300

Apr-08 3M R&D center Suwon, Korea 2AB180 1 180

May-08 Suwan Energy Gwangju, Korea 2AB270 1 270

Mar-09 E-mart Gyounggi, Korea 2AB470 2 470

Apr-09 Asan Baebang Power Plant Asan, Korea 2AB135 2 130

Apr-09 POSCO Gwangyang, Korea 2AB300 2 300

Jul-09Pankyo Techno Park SK Construction Gyeonggi-do, Korea

2AB470 3 470

Jul-09 2AB420 2 420

Jul-09 Korea Zinc Ulsan, Korea 2AB240 1 250

Aug-09 Goldene Muhle Ladhergen Germany 2AB155 1 156

Sep-09 Honam Petro-Chemical Yeocheon, Korea 2AB240A 1 220

Sep-09 Nursery School Seongnam, Korea 2AB75 1 75

Oct-09 Korea Zinc Ulsan, Korea 2AB90 1 90

Dec-09 Yongpung Zinc Bonghwa, Korea 2AA240 1 240


TaiwanMiao-Liao

Cycle Delivery Time Customer Location Model No

.Capacity (usRT)

Single effect & 2 Lift

Jan-10 SangLock Ward Office Building Ansan, Korea 2AB210 2 210

Feb-10 Power Plant - Goyang-Samsong Goyang, Korea 2AB270 1 250

Feb-10 ROCHE Germany 2AB90 1 100

Feb-10 Chunan Buldang Galleria Depart. Asan, Korea 2AB675 3 675

Apr-10 Pankyo SD Hanhwa Construction Bundang Korea 2AB675 2 675

Apr-10 Pankyo SD Hanhwa Construction Bundang Korea 2AB750 2 750

Apr-10 SK Chemical Bundang Korea 2AB340 2 340

May-10 2AB240 1 206

May-10 Miao-Liao Taiwan 2AB975 1 830

May-10 Honam Petro-Chemical Yeosu, Korea 2AB135 1 109

Jun-10 Chunan Tax Office Chunan, Korea 2AB135 2 135

Jun-10 Education Center of Natural Science Pankyo, Korea 2AB75 1 75

Delivery Record – Single Effect & 2 Lift


Delivery Record – Single EffectCycle Delivery Time Customer Location Model No. Capacity (RT)

Single effect Hot Water

Driven

Sep-08 Johnson Control Inc CA, U.S.A HWAR-L110 1 130

Nov-08 AT&T CA, U.S.A HWAR-L75 1 70

Jul-08 Macy's Blooklyn NewYork, U.S.A HWAR-L180 2 150

Aug-08 Lotte Daesan Petro-chemical Daesan, Korea HWAR-L750 3 912

Jan-08 G.S.A Long beach CA, U.S.A HWAR-L75 1 75

Apr-08 John Muir Medical Center CA, U.S.A HWAR-L300 1 307

Jun-08 White Plains NewYork, U.S.A HWAR-L210 1 152

Aug-08 DCI Daejun, Korea HWAR-L30 1 30

Sep-08 Dynamis Italy HWAR-L60 1 57

Sep-08 Dynamis Italy HWAR-L180 2 171

Oct-08 DC Chemical Co., Ltd Gunsan, Korea HWAR-L600 2 500

Oct-08 Honam Petro-Chemical Yeochun, Korea HWAR-L1125 1 1339

Dec-08 Dynamis Italy HWAR-L240 1 175

Feb-09 Dynamis Italy HWAR-L240 1 228

Jun-09 Sie Solar Italy HWAR-L60 1 45.5




Delivery Record – Single EffectCycle Delivery Time Customer Location Model No. Capacity (RT)

Single effect Hot Water

Driven

Jan-10 Aircogen - Dresser-Rand U.S.A HWAR-L135 1 130

Jan-10 STADTVELD Netherland HWAR-L210 1 219

Jan-10 Heidelberg AG Germany HWAR-L110 1 100

Feb-10 Dynamis sr Italy HWAR-L50 1 45

Feb-10 Maximum Mechnical Corp. U.S.A HWAR-L50 1 50

Feb-10 NAESTRO Qatar HWAR-L240 1 171

Mar-10 JANA HOSPITAL Hungary HWAR-L135 1 128

Mar-10 Honam Petro-Chemical Yeosu, Korea HWAR-L1125 1 1422

Apr-10 British Embassy U.S.A HWAR-L110 1 86

May-10 Energy Australia Learning Center Australia HWAR-L30 1 28.6

Single effect, Steam Driven

Aug-08 Lotte Daesan Petro-chemical Daesan, Korea HWAR-S1300 3 1300

Aug-08 Lotte Daesan Petro-chemical Daesan, Korea HWAR-S560 2 450

May-08 Hanhwa Petro-Chemical Yeochun, Korea HWAR-S560 1 500


Delivery Record – Double Effect

2181CHP024GermanyGiessen HospitalJun-10

Cycle Delivery Time Customer Location Model No. Capacity (RT)

Double Effect Gas Fired

May-08 Pyungtaek Station Pyungtaek, Korea DW800-2H 3 800

Double Effect Exhaust Gas

Driven

Jun-10 Giessen Hospital Germany CHP008 1 73.5


Delivery Record – the OthersCycle Delivery Time Customer Location Model No. Capacity (kW)

Heat Exchangers for

Fuel Cell

Jan. ~ July -10 UTC Power (IMW) U.S.A HEX920 23 300

Evaporating Condenser for

Mechanical Vapor

Recompression System

Jun.-10 Kumho-Polychem. Yeocheun, Korea Evaporating Condenser 1 3883


Korea District Heating Co.Date : 5 June 2006Location : Bundang, KoreaModel : 2AB300Capacity : 300usRTNo. : 1 unitConditions • Chilled Water :13/8℃• Cooling Water : 31/36.5℃

• Hot Water : 95/55℃

Delivery Record – 2AB series -1


3M R & D CenterDate : 28 April 2008Location : Suwon, KoreaModel : 2AB180Capacity : 180usRTNo. : 1 unitConditions • Chilled Water :13/8℃

• Cooling Water : 31/36.5℃


Delivery Record – 2AB series - 2


Suwan EnergyDate : 12 July 2008Location : Gwangju, KoreaModel : 2AB270Capacity : 270usRTNo. : 1 unitConditions • Chilled Water :13/8℃• Cooling Water : 31/36.5℃




Pohang Steel (POSCO)Date : 30 April 2009Location : Gwangyang, KoreaModel : 2AB300Cooling Capacity : 300usRT

(1055kW)No. : 2 unitConditions • Chilled Water : 13 / 8℃

• Cooling Water : 31 / 36.5℃

• Hot Water : 87.5 / 60℃



Project : E MartDate : 27 March 2009Location : Gyounggi-do, KoreaModel : 2AB470Cooling Capacity : 455usRT

(1599kW), No. : 2 unit, Conditions : • Chilled Water :12 / 7℃


• Hot Water : 95 / 55℃



SK Construction (Techno Valley)Date : July 2009Location : Pankyo Gyounggi-do,

KoreaModel : 2AB470, 2AB420Cooling Capacity : Total 2023usRT

(7113kW), 423usRT (1487kW) 3 units, 377usRT (1325kW) 2 units

Conditions : • Chilled Water :12 / 7℃


• Hot Water : 95 / 55℃



Project : Korea ZincDate : 31 July 2009Location : Ulsan, KoreaModel : 2AB240Cooling Capacity : 250usRT


• Cooling Water : 32 / 37℃

• Hot Water : 82 / 55℃



Project : Goldene MuhleLadhergen

Date : 14 August 2009Location : GermanyModel : 2AB155Cooling Capacity : 156usRT


• Cooling Water : 29.4 / 35℃

• Hot Water : 90 / 55℃


Performance Test

Shipping for Export


Date : September 2009Location : Korea Zinc, Ulsan KoreaModel : 2AB90Cooling Capacity : 90usRT (316kW)

No. : 1 unit with Cooling SystemConditions Chilled Water : 15 / 10℃, Cooling Water : 32 / 37℃,

Hot Water : 82 / 55℃



Date : September 2009Location : Nursery, Sungnam-si, KoreaModel : 2AB75Cooling Capacity : 75usRT (264kW)

No. : 1 unitConditions • Chilled Water : 13 / 8℃


• Hot Water : 95 / 55℃



Date : December 2009Location : Youngpoong, Zinc, BonghwaModel : 2AA240Cooling Capacity : 240usRT (844kW)No. : 1 unitConditions • Chilled Water : 21 / 16℃


• Hot Water : 65 / 55℃


FeaturesAbsorption chiller driven with 70℃ hot water2 Lift Absorption CycleCOP : 0.4


Date : March 2010Location : Roche Penzberg, GermanyModel : 2AB090Cooling Capacity : 100usRT (351kW)No. : 1 unitConditions Chilled Water : 12 / 6℃

Cooling Water : 26 / 31.5℃

Hot Water : 90 / 60℃



Lotte Daesan Petro-ChmicalDate : 28 August 2007Location : Daesan Chungnam, KoreaModel : HWAR-S1300 3 units,HWAR-L750 3 units, HWAR-S560 2 unitsConditions Chilled Water :24/15℃, 15/10 ℃Cooling Water : 32/40℃

Hot Water : 107/87℃, Steam : 80 KPaExplosion Protected type

Delivery Record – Chemical -1


• Hanwha Petro-Chemistry• Date : 20 May 2008• Location : Yeochun, Junnam

Korea• Model : HWAR-S560 • No. : 1 unit• Capacity : 500usRT• Chiller is driven with the exhaust

energy of Methylene Chloride Vapor

• Brine (Ethylene Dichloride Liquid) : 57/42℉

• Cooling Water : 87/95 ℉• Heat Medium (Methylene

Chloride Vapor) : 242.6 ℉

• Explosion Protected type



• Honam Petro-Chemistry• Date : 20 October 2008• Location : Yeochun, Korea• Model : HWAR-L1125• Cooling Capacity : 1339RT• No. : 1 unit• Conditions • Chilled Water : 33 / 24℃


• Hot Water : 82 / 70.8℃

• Explosion Protected type



Donyang Chemical – Gunsan, KoreaDate : October 2008Location : Gunsan, KoreaModel : HWAR-L600Cooling Capacity : 500usRT (1758kW)No. : 2 unitConditions • Chilled Water :12/7℃

• Cooling Water : 32/37℃


• Explosion Protection : Ex d II C T4



Date : September 2009Location : YeocheonModel : 2AB240ACooling Capacity : 220usRT

(774kW)

No. : 1 unitConditions • Chilled Water : 10.7 / 6℃


• Hot Water : 133 / 57℃

2AB240 installed at Honam Petro-Chemistry Factory



Date : March 2010Location : Honam Petro-Chemistry,

Yeochun, KoreaModel : HWAR-L1125Cooling Capacity : 1422usRT

(4998kW)No. : 1 unitConditions Chilled Water : 35 / 25℃

Cooling Water : 31 / 39℃

Hot Water : 82 / 69.5℃

Explosion Protection : Ex p II T3,Ex d IIB & C T3, Ex e II T3



• Johnson Controls• Date : 10 Nov. 2006• Location : Los Alamitos, C.A.

U.S.A• Model : HWAR-L110 • No. : 1unit• Capacity : 130usRT• Chiller is driven with Gas Engine

Jacket Water & Exhaust Heat• Chilled Water :54/44℉• Cooling Water : 80/90 ℉• Hot Water : 203/176 ℉

Delivery Record – Hot Water - 1


Macy’s Blooklyn Department StoreDate : 28 September 2007Location : New York, U.S.AModel : HWAR-L180 No. : 2 units,Chiller is driven with Gas Engine Jacket Water HeatConditions Chilled Water :55/45℉

Cooling Water : 85/95 ℉Hot Water : 190/176.2 ℉



• Haebit Energy (DCI)• Date : 12 August 2008• Location : Daejeon city Korea• Model : HWAR-L30 • No. : 1 unit• Capacity : 30usRT• Chiller is driven with Solar Energy• Chilled Water : 13/8℃

• Cooling Water : 31/36.5℃• Hot Water : 88/83℃



• Energy Australia learning centre • Date : 13 May 2010• Location : Australia• Model : HWAR-L30 • No. : 1 unit• Capacity : 28.2usRT• Chiller is driven with Engine Exhaust Heat• Chilled Water : 13/7℃

• Cooling Water : 31/36.5℃• Hot Water : 90/70℃



• Giessen Hospital• Date : June 25. 2010• Location : Germany• Model : CHP008 • No. : 1unit• Capacity : 73.5usRT• Chiller is driven with Exhaust Gas

Heat

• Chilled Water : 14/8℃


• Exhaust Gas : 410/142℃

Delivery Record – Exhaust Gas - 1


• Giessen Hospital• Date : June 25. 2010• Location : Germany• Model : CHP024 • No. : 1unit• Capacity : 218usRT• Chiller is driven with Exhaust Gas

Heat

• Chilled Water : 14/8℃


• Exhaust Gas : 460/142℃

Delivery Record – Exhaust Gas - 2


• UTC Power in U.S.A• Date : Jan. ~ July. 2010• Location : U.S.A• Model : HEX920• No. : 23unit• Capacity : 300kW• Heat Exchanger (Condenser)

for 400kW Fuel Cell• Exhaust Gas : 163 → 50℃

• Brine : 38.6 → 58.7℃

Delivery Record – the Others - 1


Date : June 2010Location : Kumho Poly-ChemProduct Name : Evaporating

Condenser for MVR (Mechanical Vapor Recompression System)

Steam Generating Capacity : 5 ton/hNo. : 1 unitConditions Heating Capacity : 3883kWExhaust Gas & Liquid Temp. : 81.1℃

Saturated Steam Outlet Temp. : 80.9℃

Tube side pressure : 0.76kgf/cm2GShell side pressure : -0.53kgf/cm2G

Delivery Record – the Others - 2


Thank you

Documents

Introduction to World Energy