SEOUL, Dec. 27 (Korea Bizwire) — Nuclear power plants played a significant role in the energy market in South Korea this year, recording the highest proportion of overall electricity transactions in the past seven years, the power market operator said Monday. The Korea Power Exchange reported that the volume of electricity transactions from nuclear power [...]
SEOUL, Dec. 26 (Korea Bizwire) — South Korean battery maker SK On Co. said Monday it will present its high-nickel battery lineups and a next-generation solid state battery jointly being developed with a U.S. partner at a tech show in the United States next week. SK On said it will unveil the Super Fast Battery, [...]
SEOUL, Dec. 26 (Korea Bizwire) — SK Energy Co., South Korea’s leading oil refinery and gas station operator, is teaming up with internet portal giant Naver Corp. to convert gas stations into urban logistics bases armed with state-of-the-art technology. The two companies recently signed a business agreement to promote cooperation in developing and establishing logistics [...]
SEOUL, Dec. 25 (Korea Bizwire) — SKC Co., a chemical materials unit of SK Group, said Sunday it will present a range of key products, including a semiconductor glass substrate, battery-grade copper foil and bioplastics, at an upcoming U.S. tech exhibition next week. The glass substrate, considered a “game changer” in semiconductor packaging, will be [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. said Thursday it will introduce the nation’s first game-themed gas station. Hyundai Oilbank, gaming giant Nexon Co. and local fashion brand Peaches collaborated on opening a PARTS Oilbank gas station in Hannam-dong, Seoul using the intellectual property from Nexon’s hit online game “KartRider.” [...]
SEOUL, Dec. 22 (Korea Bizwire) — SK E&S Co., the natural gas power unit of SK Group, said Thursday it will showcase sustainable energy solutions, including a hydrogen-powered fuel cell and drone, as well as electric vehicle charging equipment, at an upcoming U.S. tech event early next month. SK E&S will jointly present the GenDrive [...]
SEOUL, Dec. 21 (Korea Bizwire) — Major South Korean chemical firm LG Chem Ltd. said Wednesday it is buying a stake in a local battery recycling startup for a joint venture in North America, accelerating efforts to secure key components for electric vehicle batteries. LG Chem signed the agreement Tuesday with JaeYoung Tech Ltd. to [...]
SEOUL, Dec. 21 (Korea Bizwire) — With South Korea mired in an extended cold snap, drivers of electric vehicles (EVs) are becoming increasingly concerned about the effects of cold weather on battery performance. The harsh conditions lead to a decline in the driving range for EVs, causing anxiety for those who rely on their vehicles [...]
SEOUL, Dec. 20 (Korea Bizwire) — SK Innovation Co. said Tuesday it will showcase products and technologies featuring its green innovation in secondary batteries, plastic waste recycling and other advanced components at a U.S. tech show next month. The energy unit of South Korea’s SK Group is among the eight SK affiliates that will be [...]
JINJU, Dec. 20 (Korea Bizwire) — A South Korean research team announced on Monday that it had developed new technology to produce low-cost biodiesel from wastewater using euglena, a type of algae. The new process, developed by a research team from Gyeongsang National University, injects euglena into wastewater to cultivate it at high density. If [...]