SEOUL, Apr. 20 (Yonhap) — Hanwha Q Cells Co., the world’s leading solar cell maker, said Monday it has signed a deal to sell 1.5-gigawatt solar modules to NextEra Energy Inc. in the United States by next year, the single largest deal in the solar power sector. Under the deal, Hanwha Q Cells will export [...]
SEOUL, April 15 (Korea Bizwire) – Discarded railways and abandoned land near the tracks are being converted into photovoltaic generation plants. According to the Korea Rail Network Authority (KR), unused tracks on the Jungang Line (Central Line) from Jecheon to Dodam and 74,045 square meters of nearby abandoned land were transformed to solar energy generators [...]
“Water is crucial for the existence and prosperity of mankind, but many parts of the world are suffering from difficulties related to water shortages. The problem should be tackled by the entire world, not by one country.” “This year marks the final timeline for the United Nations’ Millennium Development Goals, and so the 7th WWF [...]
SEOUL, April 13 (Korea Bizwire) – A scientific study has discovered a correlation between air pollution such as fine dust and ozone, and an increase in depression and suicide. Professor Kim Do-gwan at the Neuropsychiatry Center of Samsung Medical Center argued that PM-10 increases depression and raises suicide rates. A research team led by Kim analyzed the [...]
SEOUL, April 9 (Korea Bizwire) – To settle social struggles related to energy policies, including nuclear plants, and to discuss future plans and legislation, the Korea Nuclear Energy Promotion Agency (KONEPA) will set up a brand new organization comprised of civil experts. Kim Ho-sung, chairman of the KONEPA, announced on April 8 that the Energy Future [...]
SEOUL, April 8 (Korea Bizwire) — The Ministry of Employment and Labor (MOEL) is completely banning the use of asbestos in Korea, according to a statement from April 7. The use of materials containing asbestos has been gradually prohibited since January 2007. However, some industries and military facilities were exempted due to lack of substitute [...]
SEOUL, April 7 (Korea Bizwire) – Korean scientists have developed a super capacitor material which can charge electricity 10 times faster than existing batteries, and store twice as much as graphene-based materials. Professor Park Ho-seok of the School of Chemical Engineering at Sungkyunkwan University, announced that his team created the super capacitor material by making [...]
SEOUL, April 3 (Korea Bizwire) — Three South Korean state-run energy companies have suffered billions of dollars in losses from overseas resources development projects since 2003, the state audit agency said Friday. The outcome by the Board of Audit and Inspection of Korea (BAI) comes as prosecutors are probing several local firms for alleged embezzlement [...]
SEOUL, April 3 (Korea Bizwire) – Among the top 30 Korean companies in terms of revenue, the average length of service of SK Energy employees was longest at 20.3 years. SK Energy was the only company whose workers serve more than 20 years on average. According to Saramin, a job recruiting portal in Korea, among [...]
SEOUL, April 3 (Korea Bizwire) — Samsung SDI has developed an energy-saving, blackout-proof power source, and has been testing the system at its Uiwang R&D Center since April 1. The new system is called UES, a hybrid between an Uninterrupted Power System (UPS) and an Energy Storage System (ESS). Samsung SDI has combined the two [...]