renewable energy Archives | Be Korea-savvy
Gov’t Establishes Smart Green Industrial Complexes to Reduce Carbon Emissions

Gov’t Establishes Smart Green Industrial Complexes to Reduce Carbon Emissions

SEOUL, April 8 (Korea Bizwire) — The government has launched a drive to reduce the carbon emissions of existing industrial complexes by more than 25 percent by transforming them into ‘smart green industrial complexes’ on a step by step basis and promoting business innovation activities. On Wednesday, the Ministry of Land, Infrastructure and Transport confirmed [...]

LG Electronics Teams Up with Local Partners to Develop Renewable Energy Tech

LG Electronics Teams Up with Local Partners to Develop Renewable Energy Tech

SEOUL, March 30 (Korea Bizwire) – LG Electronics Inc. said Tuesday it has joined hands with local partners to develop renewable energy technology and achieve carbon neutrality. Under the partnership with Korea Water Resources Corporation and POSCO, the country’s largest steelmaker, LG will collaborate in building a renewable energy cluster here. The three will work [...]

Moon Administration’s Renewable Energy Policy Lays Waste to Environment

Moon Administration’s Renewable Energy Policy Lays Waste to Environment

SEOUL, Feb. 26 (Korea Bizwire) — Criticism is rising against the government’s push for renewable energy, with many claiming that government policies are directly responsible for the devastation of the natural environment across the country. Critics specifically point at solar generation facilities and wind turbines built in mountainous areas, and solar panels set up on [...]

Renewable Energy Generation Remains Insignificant Despite Gov’t Push

Renewable Energy Generation Remains Insignificant Despite Gov’t Push

SEOUL, Jan. 25 (Korea Bizwire) — While renewable energy generation facilities are expanding rapidly on the back of the government’s policy to expand the distribution of new and renewable energy, the share of renewable energy among total power generation still remains negligible. The overall capacity of the nation’s renewable energy facilities expanded by 4,485 megawatts [...]

S. Korean Batteries, Solar Panels Rally After Biden Victory

S. Korean Batteries, Solar Panels Rally After Biden Victory

SEOUL, Nov. 9 (Korea Bizwire) — Shares of South Korean battery makers and renewable energy suppliers got a fresh boost Monday as investors bet on Joe Biden’s win in the U.S. presidential election with clean energy pledges. Biden’s green energy plan includes significant investments in charging infrastructure for electric vehicles (EVs) and updating government vehicle [...]