SUWON, South Korea, June 28 (Korea Bizwire) – A South Korean leader in solar energy generation said Wednesday that it will build what it claims to be the world’s largest floating solar power generation facility designed to follow the sun’s movement at two reservoirs in the city of Hwaseong, south of Seoul. Solkiss will set [...]
SEOUL, June 27 (Korea Bizwire) — State-run electricity provider Korea Electric Power Corp. said Tuesday that it will run some 1,500 charging stations for electric vehicles (EVs) across the country starting on July 3. The 1,560 charging stations will be available at KEPCO’s operations center, public parking lots and some apartment complexes, it added. The [...]
SEJONG, Jun. 27 (Korea Bizwire) — The South Korean government has no plan to raise diesel prices in the near future as it tries to reduce fine dust levels in the air, the finance ministry said Monday. “We’ve considered many scenarios related to tax rate hikes for diesel, but all have been found to be [...]
SEOUL, Jun. 26 (Korea Bizwire) — The state-run Korea Gas Corp. (KOGAS) said Monday that the first cargo of U.S. shale gas will arrive here next month. In 2012, KOGAS signed a deal with the Texas-based Cheniere to bring in 2.8 million tonnes of LNG annually for 20 years starting this year. The import of [...]
SEOUL, Jun. 22 (Korea Bizwire) — Busan Metropolitan City is set to introduce a portable electric vehicle charging system at local apartment buildings and complexes as part of efforts to encourage the use of alternative fuel vehicles. The latest move by the Busan government to sign a memorandum of understanding with local representatives of residential [...]
TOKYO, June 21 (Korea Bizwire) – As the South Korean government continues its efforts to lower reliance on nuclear energy and focus on renewable energy, the Japanese media is paying attention to its neighbor’s denuclearization policy in memory of the Fukushima Daiichi nuclear disaster in 2011. The headline that covered the front page of Tokyo [...]
SEOUL, June 20 (Korea Bizwire) – The Moon administration’s efforts to mothball nuclear power plants and focus on renewable energy are being met with significant challenges. On Monday, President Moon attended an event held at Kori Nuclear Power Plant in Busan in celebration of the permanent closure of the very first nuclear power reactor in the [...]
SEOUL, Jun. 19 (Korea Bizwire) — Amid growing public interest and demand for more eco-friendly and energy-saving electric alternatives, the city government of Yongin is ramping up its financial support for renewable energy enthusiasts in an effort to broaden the use of electric cars in the region. According to the city government, an overwhelming number [...]
SEOUL, June 16 (Korea Bizwire) – Daewoo Engineering & Construction Co. inked an initial agreement with a Laotian partner to win infrastructure projects in the Southeast Asian country, the builder said Friday. On Thursday in Vientiane, Daewoo Engineering signed a memorandum of understanding (MOU) with Petroleum Trading Lao Public Co. (PTL) to build hydroelectric power [...]
SEOUL, Jun. 15 (Korea Bizwire) — Sales of electric cars in South Korea have grown sevenfold in the past year, as growing public interest is seeing more consumers trade in their gas-guzzlers to instead opt for more eco-friendly and energy-saving alternatives. According to data from the Ministry of Land, Infrastructure and Transport and the Korea Automobile [...]