ULSAN, South Korea, April 17, (Korea Bizwire) — In a breakthrough for sustainable energy, researchers at the Ulsan National Institute of Science and Technology (UNIST) have developed a new technology that produces hydrogen using only sunlight and sugarcane waste—without any external power source. Professors Ji-Wook Jang and Kwan-Yong Seo of the Department of Energy and [...]
SEOUL, April 9 (Korea Bizwire) — Global demand for electric vehicle (EV) batteries rose sharply in the first two months of 2025, driven largely by the continued expansion of China’s battery giants, even as the broader EV market faces a temporary slowdown, often referred to as the “EV chasm.” South Korea’s major battery manufacturers, however, [...]
SEOUL, March 19 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunications company, announced on Tuesday that it will become the nation’s first telecom provider to adopt eco-friendly bobbins for its fiber optic cables starting in April. Bobbins, the cylindrical structures used to store and transport cables, are traditionally made from wood. KT’s new bobbins, [...]
DAEJEON, Feb. 21 (Korea Bizwire) — The Korea Institute of Energy Research (KIER) announced on February 20 that it has successfully demonstrated the world’s largest carbon dioxide separation system of its kind for natural gas power plants. Traditional carbon capture methods at natural gas power facilities require extensive equipment including absorption towers, regeneration towers, and blowers, [...]
SEOUL, Jan. 8 (Korea Bizwire) — South Korea will invest 86.2 billion won (US$59.3 million) this year for the development of technologies that will help tackle climate change, the science ministry said Wednesday. With the investment, the country will work to develop technologies that will help respond to global warming, along with those related to [...]
SEOUL, Dec. 31 (Korea Bizwire) — Hyundai Motor Company and Kia Corporation announced on December 30 the launch of their Integrated Global Information System (IGIS), marking a significant advancement in their carbon emissions management capabilities. The newly developed IGIS represents a comprehensive approach to tracking carbon emissions throughout a vehicle’s entire life cycle, from raw material [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea has broadened its official green taxonomy, recognizing new eco-friendly economic activities such as groundwater reuse, indoor air quality management, and refill station operations. The Ministry of Environment unveiled the revised framework during a government meeting on December 23, highlighting its growing importance for sustainable economic development. The [...]
SEOUL, Dec. 24 (Korea Bizwire) — LG Display and Hanwha Solutions have jointly developed eco-friendly cushioning packaging made from post-consumer recycled (PCR) plastics, the companies announced on December 23, 2024. This new packaging is tailored for electronic components and aligns with global sustainability efforts. The two firms collaborated over two years to achieve quality comparable [...]
SEOUL, Dec. 5 (Korea Bizwire) – In a bold move to promote sustainable energy, Seoul announced the selection of two major development projects to incorporate water-based thermal energy systems: the Jamsil Sports & MICE Complex and the Seongsu-dong K-Project. The decision marks a significant step in reducing carbon emissions and energy costs in large-scale urban [...]
SEOUL, Nov. 25 (Korea Bizwire) — LG Group is ramping up its focus on the future by actively appointing talent in key emerging fields—artificial intelligence (AI), biotechnology, and clean tech (collectively referred to as ‘ABC’). The company is reshaping its business portfolio to enhance innovation and create new customer value, with a particular emphasis on [...]