YEONGWOL, South Korea, July 22 (Korea Bizwire) – Mongolian solar energy company Moshea Eco Energy and Idea Bridge, a Korean asset management firm, finalized a contract earlier this week to build a 50MW solar power plant on 100ha of land near a new airport, some 31km away from the capital Ulaanbaatar. The new plant will [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s state-run power supplier has devised a way to use utility poles as charging stations for electric vehicles, drastically cutting installation costs, its officials said Wednesday. Working with an idea submitted by one of its employees, the Korea Electric Power Corp. (KEPCO) said it will conduct a trial [...]
JEJU, July 14 (Korea Bizwire) – Despite a long and productive history of cultivating citrus fruits, many Jeju Island farmers are abandoning their agricultural operations and opening solar power installations instead. Just a few days after Jeju’s provincial government announced a plan to offer solar power business opportunities to outdoor tangerine farming communities, 164 farmers submitted [...]
SEJONG, July 8 (Korea Bizwire) – South Korea and the European Union on Friday joined hands to develop the former’s greenhouse gas emissions trading system (ETS) in a way to bolster their bilateral cooperation on climate change, the finance ministry here said. In a ceremony held in Seoul, the Seoul-Brussels joint emissions trading system cooperation [...]
BUSAN, July 7 (Korea Bizwire) – Victims lie on the ground at a busy public square in front of Busan Station. Among them are radioactive waste barrels and men in hazmat suits removing bodies. Fortunately, their were no real casualties, as the scene was the result of an unconventional flash mob. Members of Greenpeace and [...]
SEOUL, July 7 (Korea Bizwire) – South Korea said Thursday it will hold working-level talks with France this week on promoting a partnership in the nuclear energy field. The two-day bilateral “joint coordinating committee” meeting is due to open in Seoul later in the day, according to the Ministry of Science, ICT and Future Planning. [...]
SEOUL, July 6 (Korea Bizwire) – LG CNS Co., an IT affiliate of South Korea’s LG Group, said Wednesday that it will build a farming complex based on information and communications technologies (ICT) on a vast tract of reclaimed land on the nation’s southwest coast. The complex, dubbed “Smart Biopark,” will span about 76 hectares [...]
SEJONG, July 5 (Korea Bizwire) – South Korea will invest a combined 42 trillion won (US$36.6 billion) into the renewable energy sector by 2020 as part of efforts to expand the environmentally friendly power supply system in the country, the trade ministry said Tuesday. Under the plan, new renewable power stations will be built by [...]
HONGCHEON, South Korea, July 1 (Korea Bizwire) – Incineration plants and human waste disposal facilities are some of the most undesirable establishments for city residents. Their presence often drives the inhabitants out of the area, leading to a drop in real estate prices, and ultimately leaving the area desolate and uninhabited. However, recent government efforts [...]
SEOUL, July 1 (Korea Bizwire) – Seoul Metropolitan Government revealed on July 1 an updated ‘Online Tree Sharing’ website where citizens can donate or adopt a tree. The ‘Online Tree Sharing’ website (env.seoul.go.kr/tree-sharing) supports tree sharing among citizens who own trees at an individual house or a multiplex building but can no longer provide care for [...]