Hydrogen/Nuclear & Renewable Energy Archives | Be Korea-savvy

Archive by category Hydrogen/Nuclear & Renewable Energy

Ulsan Port Authority Inaugurates New Liquid Cargo Terminal, Eyeing Future as World’s First Hydrogen Hub

Ulsan Port Authority Inaugurates New Liquid Cargo Terminal, Eyeing Future as World’s First Hydrogen Hub

ULSAN, Mar. 15 (Korea Bizwire) – The Ulsan Port Authority celebrated the completion of the ‘North New Port Liquid Terminal’ in Hwangseong-dong, Nam-gu, at the North Port of Ulsan on March 15. The new facility, boasting a 300-meter quay wall, a 440-meter sheltered harbor, and a 12,600 square meter port hinterland, represents a significant enhancement [...]

Progress Made Toward Commercial Operation of Final Unit of South Korean-Built Nuclear Reactor in UAE

Progress Made Toward Commercial Operation of Final Unit of South Korean-Built Nuclear Reactor in UAE

SEOUL, March 1 (Korea Bizwire) – The fourth and final unit of the South Korean-built Barakah Nuclear Energy Plant in the United Arab Emirates (UAE) has started up, signaling its commercial operation, South Korea’s state-run utility firm said Friday. The Unit 4 reactor began producing heat through nuclear fission, used for generating electricity, in a [...]

Seoul Boosts Green Mobility with $14 Million Investment in Hydrogen Vehicles and Infrastructure

Seoul Boosts Green Mobility with $14 Million Investment in Hydrogen Vehicles and Infrastructure

SEOUL, Feb. 13 (Korea Bizwire) – The Seoul Metropolitan Government has announced plans to invest approximately 16.6 billion won this year to facilitate the distribution of 102 hydrogen fuel cell cars and 42 hydrogen buses, enhancing the city’s green mobility initiatives.  Starting from February 13, the city will begin accepting applications for hydrogen car purchase support. [...]

Doosan Bobcat Launches Korea’s First Commercial Hydrogen-Powered Forklift

Doosan Bobcat Launches Korea’s First Commercial Hydrogen-Powered Forklift

SEOUL, Jan. 31 (Korea Bizwire) – Doosan Bobcat Launches Korea’s First Commercial Hydrogen-Powered Forklift Doosan Bobcat has announced the commercialization of Korea’s first hydrogen-powered forklift, marking a significant milestone in the industry. On January 30, the company held a shipment ceremony for its first hydrogen forklift at its forklift factory in Incheon, highlighting the achievement. [...]

S. Korea Disapproves BlackRock’s Massive Offshore Wind Power Project

S. Korea Disapproves BlackRock’s Massive Offshore Wind Power Project

SEOUL, Jan. 30 (Korea Bizwire) — The South Korean government has disapproved an offshore wind project pushed by a sub-subsidiary of global investment firm BlackRock Inc., citing a lack of data to prove its financial ability and power system issues in the region, officials said Tuesday. Kredo Holdings Ltd. is working to build five wind [...]

Hyundai, Kia Partner with U.S. Firm for Hydrogen Fuel Cell Material Development

Hyundai, Kia Partner with U.S. Firm for Hydrogen Fuel Cell Material Development

SEOUL, Jan. 5 (Korea Bizwire) – Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, have partnered with a U.S. materials science company to cooperate in developing a key material used in hydrogen fuel cells, the companies said Friday. The South Korean companies signed an agreement with the Newark, Delaware-based W.L. Gore & Associates [...]

South Korea’s Fisheries Industry Calls for Action Against Offshore Wind Farm Development

South Korea’s Fisheries Industry Calls for Action Against Offshore Wind Farm Development

SEOUL, Dec. 22 (Korea Bizwire) – The National Federation of Fisheries Cooperatives in South Korea has urged the government to address the rampant overdevelopment of offshore wind farms. In a joint meeting held by the National Federation of Fisheries Cooperatives and the Ministry of Oceans and Fisheries on December 21, the fisheries industry raised concerns about [...]

Amazon Ventures Into South Korea’s Renewable Landscape with First Solar Power Investment

Amazon Ventures Into South Korea’s Renewable Landscape with First Solar Power Investment

SEOUL, Dec. 15 (Korea Bizwire) – Amazon has initiated its inaugural foray into renewable energy investments in South Korea. The company revealed on Thursday that it has committed funding to a venture aimed at constructing a 60-megawatt (MW) solar power facility in the southwestern region of South Korea. The specific investment amount and plant location were [...]

Hyundai Engineering, KAERI Sign MOU for Small Modular Reactor Export Cooperation

Hyundai Engineering, KAERI Sign MOU for Small Modular Reactor Export Cooperation

SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Engineering Co. has partnered with the Korea Atomic Energy Research Institute (KAERI) to cooperate in exports of small modular reactors (SMRs), which are more advanced and cost efficient than conventional nuclear plants, according to the company Tuesday. Under the memorandum of understanding (MOU) signed Monday, Hyundai will handle [...]

Korea Institute of Fusion Energy Signs Contract with U.S. Bio-Diesel Production Company for Plasma Technology

Korea Institute of Fusion Energy Signs Contract with U.S. Bio-Diesel Production Company for Plasma Technology

DAEJEON, Nov. 30 (Korea Bizwire) – In a significant stride towards expanding the global reach of its cutting-edge plasma technology, the Korea Institute of Fusion Energy (KFE) has inked a contract with an American bio-diesel production company. The KFE announced on November 29 that it had entered into an agreement with Plasma Blue, which is based [...]