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Hydrogen-powered Town Coming to Samcheok by 2023

Hydrogen-powered Town Coming to Samcheok by 2023

DAEJEON, June 26 (Korea Bizwire) – The Korea Institute of Energy Research has begun an empirical study on the establishment of a hydrogen and clean energy-based residential complex in the municipality of Samcheok, Gangwon Province. The institute will invest 16.6 billion won (US$13.8 million) to build necessary infrastructure for a hydrogen-powered residential area in Samcheok, [...]

Clean Energy Pioneer Joins General Fusion Board of Directors

Clean Energy Pioneer Joins General Fusion Board of Directors

VANCOUVER, British Columbia, March 16 (Korea Bizwire) — General Fusion announced today the appointment of clean energy pioneer George (Chip) A. Hambro to its Board of Directors. Mr. Hambro brings deep experience leading successful technology development and business operations in Fortune 500 technology corporations.  He joined early stage start-up First Solar in 2001 and as [...]

Nikkiso Cryogenic Services, LEWA and Geveke Establish New Service Agreement

Nikkiso Cryogenic Services, LEWA and Geveke Establish New Service Agreement

IRVINE, Calif., Dec. 10 (Korea Bizwire) — Cryogenic Industries Service Companies (NCS), a functional unit of Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (“Group”), has entered into a Collaboration Agreement with Nikkiso group members LEWA and Geveke (subsidiaries of Nikkiso Co., Ltd (Japan)) to become ACD Authorized Sales and Service facilities. The new [...]

S. Korea to Power Public Ships with Clean Energy

S. Korea to Power Public Ships with Clean Energy

SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s ocean ministry said Monday it will gradually replace 140 government ships with those utilizing clean energy sources by 2030 to meet tighter regulations. “The project will help South Korea to reduce fine dust, greenhouse gas and air pollution, and contribute in developing technologies in the field of [...]

Fortum Deploys DigitalRoute Technology to Enable Data Driven Services Supporting Energy Sector Transformation

Fortum Deploys DigitalRoute Technology to Enable Data Driven Services Supporting Energy Sector Transformation

STOCKHOLM, Sweden, Dec. 19 (Korea Bizwire) — DigitalRoute, the leading Data Integration and Data Management company, and key European energy provider, Fortum, have jointly announced the completion of a successful Proof of Concept project. Fortum is a leading clean-energy company offering electricity, heating and cooling solutions as well as driving the change for a cleaner [...]

South Korea’s Green Energy Production Still in its Infancy

South Korea’s Green Energy Production Still in its Infancy

SEOUL, May 2 (Korea Bizwire) – The latest data from the Korea Energy Agency has revealed that new and renewable energy sources accounted for 6.61 percent of total electricity generation in South Korea in 2015, up from 4.92 percent in 2014 and surpassing 5 percent for the first time.  The improvement was largely attributed to [...]

South Korea to Double Investment in Clean Energy by 2021

South Korea to Double Investment in Clean Energy by 2021

SEOUL, June 3 (Korea Bizwire) – South Korea will spend more than 1 trillion won (US$841 million) by 2021 on research and development of clean energy as part of international efforts to reduce greenhouse gas emissions and fight climate change, the government said Friday. It will mark twice the amount earmarked for clean energy research [...]