SEOUL, Sept. 7 (Korea Bizwire) — Hanwha Energy Corp., a South Korean power generation solutions provider, said Wednesday it is building an electricity grid stability plant in Ireland in a move that will give a further boost to its renewable energy and power systems portfolio. The 170 billion-won (US$122.5 million) project commits Hanwha to provide [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korean builder SK ecoplant Co. said Tuesday it will take part in large-scale offshore wind power projects in the country in collaboration with a duo of global energy firms. The company on Monday signed a business agreement with British offshore wind developer Corio Generation and French energy and [...]
SEOUL, Sept. 6 (Korea Bizwire) — Four South Korean companies — LG Chem Ltd., Samsung C&T Corp., Namhae Chemical Corp. and Doosan Enerbility Co. — on Monday signed a memorandum of understanding to promote cooperation in the production and usage of ammonia-based clean hydrogen. Under terms of the MOU, LG Chem plans to introduce clean [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korean energy-to-telecom conglomerate SK Group said Monday it is partnering with a Malaysian clean energy company to explore collaboration in hydrogen, renewable energy and green mobility, as part of efforts to bolster its green energy transition. Its three affiliates — SK Materials Inc., SK Ecoplant Co. and SK [...]
SEOUL, Sept. 1 (Korea Bizwire) — POSCO Holdings Co., the largest steelmaker in South Korea, said Thursday it has signed a memorandum of understanding with India’s Greenko to produce so-called green hydrogen. Under the deal, the two will launch a project to produce green hydrogen and ammonia in India by using renewable energy. The two [...]
SEOUL, Sept. 1 (Korea Bizwire) – South Korea said Wednesday that it will launch a direct power purchase agreement (PPA) system that will enable businesses using large amounts of electricity to directly purchase the electricity produced using renewable energy without going through the electric power market. The Ministry of Trade, Industry and Energy announced that [...]
SEOUL, Sept. 1 (Korea Bizwire) — GS Engineering & Construction Corp., a major builder in South Korea, has joined hands with a Finnish energy company to produce next-generation bioethanol using cassava peel waste in Thailand. The company announced on Wednesday that it had signed a memorandum of understanding with St1 Renewable Energy Oy to promote [...]
SEOUL, Aug. 31 (Korea Bizwire) — More than 200 auto and energy companies from here and abroad gathered at an international hydrogen show in South Korea on Wednesday, putting on display their latest technologies and visions on hydrogen, which is cited as a future energy source. H2 MEET, an exhibition-to-conference event backed by Seoul, is [...]
SEOUL, Aug. 31 (Korea Bizwire) — Self-charging of hydrogen-powered vehicles will become possible at Incheon International Airport starting from Tuesday. The Ministry of Trade, Industry and Energy announced that it had launched a hydrogen vehicle self-serve demonstration for the general public at the hydrogen charging station located in the airport’s Terminal 2 run by hydrogen [...]
SEOUL, Aug. 31 (Korea Bizwire) — Doosan Enerbility Co., a heavy industry affiliate of Doosan Group, said Tuesday it had joined hands with a group of local subcontractors to strengthen its competitiveness in the production of casks, containers used for the transportation and storage of spent nuclear fuel. A day ago, the company signed a [...]