Dennis Kim, born during the Japanese occupation of Korea during World War II, grew up working poor with seven siblings on a small ginseng farm south of Seoul.
Sun and water were the fuels that fed the crop.
Today, his business is dependent, once again, on renewable energy.
Kim, 77, is a founder and the owner of 43-year-old EVS, a fast-growing civil-engineering firm in Eden Prairie that nearly failed during the building slowdown of the 2007-09 Great Recession. About two-thirds of its business is now tied to the fast-growing solar-energy business in several states, including Minnesota. The industry has committed to grow the state's electric output from less than 2% today to 10% over the next decade.
By 2008, the 20-person EVS was struggling to compete for declining business in the recession amid cutthroat competition with larger firms.
Kim, a visionary and voracious researcher of future trends in the industry, concluded that the firm needed to shift rapidly to survive to be an early entrant in the slowly emerging wind- and solar-engineering projects a decade ago.
It was a big-risk transition, including cashing out retirement funds for Dennis and his wife, who for years was the company bookkeeper.
"I put $1 million into the business," Kim said. "We realized the civil engineering we did was directly related to population growth, such as roads and schools. And there was large-company competition. To be more successful, we needed to do something else."