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S. Korea’s Power Generation Falls for 2nd Year in 2020 amid Pandemic

S. Korea’s Power Generation Falls for 2nd Year in 2020 amid Pandemic

SEOUL, Feb. 16 (Korea Bizwire) – South Korea’s electricity generation fell for the second consecutive year in 2020 as demand dipped amid the coronavirus pandemic, data showed Tuesday. The amount of electricity generated by the nation’s power plants came to 552,165 gigawatt hours (GWh) last year, down 1.9 percent from the previous year, according to [...]

SK E&C Joins Project To Build Iran Power Plants

SK E&C Joins Project To Build Iran Power Plants

SEOUL, March 20 (Korea Bizwire) – SK Engineering & Construction (SK E&C) has teamed up with a Turkish firm for a multi-billion-dollar project to build and operate new power plants in Iraq, the South Korean firm said Saturday. Officials from the South Korean builder said the company has successfully purchased a 30 percent stake in UNIT International S.A., Turkey’s energy giant, one day after the two [...]