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Jeju Flooded with Locals Avoiding Overseas Travel amid COVID-19

Jeju Flooded with Locals Avoiding Overseas Travel amid COVID-19

SEOUL, May 27 (Korea Bizwire) — Jeju Island, South Korea’s most popular holiday destination, appears to be increasingly favored by locals as an alternative to overseas travel amid the prolonged COVID-19 pandemic, a report indicated Thursday. The report released by the state-funded Korea Culture and Tourism Institute (KCTI) showed that domestic tourism to the southern [...]

Hyundai, Kia Team Up with Jeju Provincial Gov’t to Promote Vehicle-to-Grid Commercialization

Hyundai, Kia Team Up with Jeju Provincial Gov’t to Promote Vehicle-to-Grid Commercialization

SEOUL, May 10 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. are taking steps to bring about the vehicle-to-grid (V2G) commercialization era. V2G refers to the technology of using idle battery power by connecting electric vehicles to the power grid. The two companies signed a business agreement with Hyundai Capital Services Inc., an [...]

Jeju on Track to Commercialize Offshore Wind Power Systems

Jeju on Track to Commercialize Offshore Wind Power Systems

JEJU, March 22 (Korea Bizwire) – The provincial government of Jeju Island is driving forward with plans to commercialize floating-type offshore wind power systems and existing gas stations into electric car charging stations. The municipal government recently announced that it was finally selected for the Ministry of Trade, Industry and Energy’s Floating Offshore Wind Power [...]