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FuelCell Energy and Korean-based POSCO Energy Announce Strategic Agreement to Globalize the Stationary Fuel Cell Market

FuelCell Energy and Korean-based POSCO Energy Announce Strategic Agreement to Globalize the Stationary Fuel Cell Market

DANBURY, Conn., Mar. 21 (Korea Bizwire) — FuelCell Energy, Inc.  (Nasdaq:FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced a memorandum of understanding with partner POSCO Energy to use an existing FuelCell Energy subsidiary to directly develop the Asian fuel cell [...]

LG Electronics Invests Additional $435 Mn in Solar Cell Production

LG Electronics Invests Additional $435 Mn in Solar Cell Production

SEOUL, Jan. 13 (Korea Bizwire) ― LG Electronics (LG) today announced plans to significantly expand its solar energy solution business with a multimillion dollar investment to expand its solar panel manufacturing capabilities in South Korea. LG entered into a memorandum of understanding with the Korean city of Gumi to invest USD 435 million (KRW 527.2 [...]

LG Chem Leads World’s Biggest Building Installation of OLED Lighting at SNU

LG Chem Leads World’s Biggest Building Installation of OLED Lighting at SNU

SEOUL, South Korea, Feb. 5 (Korea Bizwire) – LG Chem., Ltd., the world’s largest OLED light panel manufacturer, today unveiled the world’s biggest building installation of OLED lighting at the inauguration ceremony for Seoul National University’s new main library. LG Chem supplied 1,100 OLED light panels for reading lights at the KwanJeong Library at Korea’s premier [...]

SK Telecom Launches Portable Air Monitoring Device Named Air Cube

SK Telecom Launches Portable Air Monitoring Device Named Air Cube

Seoul, Korea, Dec. 11 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced the launch of Air Cube, a portable air monitoring device that measures air quality anywhere, anytime, and suggests appropriate actions at emergencies via a designated application on user’s smartphone. Designed to enhance people’s health and well-being, Air Cube monitors the air quality of [...]

Kinder Morgan and SK E&S LNG Announce Long-Term Intrastate Transportation Agreement and Lateral Development Project

Kinder Morgan and SK E&S LNG Announce Long-Term Intrastate Transportation Agreement and Lateral Development Project

HOUSTON, Dec. 8 (Korea Bizwire) –Kinder Morgan, Inc. (NYSE: KMI) today announced that its Texas Intrastate Pipelines group has entered into a 20-year firm transportation services agreement with SK E&S LNG, LLC (SK LNG), a subsidiary of SK E&S Co. LTD. Under the agreement, KMI will invest more than $150 million to provide more than [...]

LG Solar Powered Refrigerators to Rural Communites in Africa and South America

LG Solar Powered Refrigerators to Rural Communites in Africa and South America

SEOUL, Nov. 26 (Korea Bizwire) ― Twenty solar powered refrigerators equipped with Smart Inverter Compressors were donated to local communities in Africa and South America as part of LG Electronics’ partnership with the non-profit organization World Vision Kenya as well as the Ministry of Housing, Construction and Sanitation of Peru. These donations specifically targeted areas [...]

Hanwha SolarOne Signs Memorandum of Understanding With Yantai Municipal Bureau of Commerce to Develop 100 MW of Distributed Generation Projects

Hanwha SolarOne Signs Memorandum of Understanding With Yantai Municipal Bureau of Commerce to Develop 100 MW of Distributed Generation Projects

Shanghai, Nov. 5 (Korea Bizwire) — Hanwha SolarOne Co., Ltd. (the “Company”, or “Hanwha SolarOne”), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced it has signed a memorandum of understanding (“MOU”) with Yantai Municipal Bureau of Commerce (“YMBC”) to establish a long-term strategic partnership with the aim to develop distributed generation (DG) PV [...]

President of Indonesia Yudhoyono Announced as Next GGGI Assembly President and Council Chair at GGGI Leaders’ Gathering

President of Indonesia Yudhoyono Announced as Next GGGI Assembly President and Council Chair at GGGI Leaders’ Gathering

NEW YORK, Sep. 24 (Korea Bizwire) — Susilo Bambang Yudhoyono, President of Indonesia, has been nominated to be the next Chair of the Council of the Global Green Growth Institute (GGGI). President Yudhoyono accepted the nomination at the GGGI Leaders’ Gathering, which was held on the occasion of the United Nations Climate Summit 2014 in [...]

Kia Motors America Ramps Up DC Fast Charging Network in Preparation for Arrival of 2015 Soul EV

Kia Motors America Ramps Up DC Fast Charging Network in Preparation for Arrival of 2015 Soul EV

IRVINE, Calif., Sept. 2 (Korea Bizwire) – Kia Motors America (KMA) is kicking off the implementation of a robust charging network in advance of the Soul EV going on sale in California during the third quarter of this year.  With Kia’s addition of 17 new DC fast chargers to California’s already-existing network of 198, charger availability will [...]

LG Strengthens Commitment to UNGC to Address Global Development Challenges

LG Strengthens Commitment to UNGC to Address Global Development Challenges

SEOUL, Jun. 11 (Korea Bizwire) ― In a memorandum of understanding (MOU) signing ceremony with the Foundation for the Global Compact held on June 10 in Addis Ababa, Ethiopia, LG Corp., the holding company for manufacturers such as LG Electronics, LG Display and LG Chem, strengthened its collaboration with the United Nations Global Compact (UNGC) [...]