SEOUL, March. 11 (Korea Bizwire) — SK E&S Co., the energy unit of South Korean conglomerate SK Group, has taken its first step in a carbon capture and storage (CCS) project that aims to transform a gas field that is soon to terminate production into a carbon storage space. The company announced on Thursday that [...]
SEOUL, Oct. 18 (Korea Bizwire) — SK E&S Co., the natural gas provider under SK Group, said Monday it will invest some 500 billion won (US$421 million) in its U.S. affiliate, SK E&S Americas, to buy a stake in a U.S. renewable energy firm. In a regulatory filing, SK E&S said it will buy 505 [...]
LATHAM, N.Y., Oct. 6 (Korea Bizwire) – Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and SK E&S, part of South Korea’s SK Group, announced today that the companies have formed a joint venture designed to accelerate the use of hydrogen as an alternative energy source in [...]
SEOUL, Oct. 6 (Korea Bizwire) — SK E&S Co., the energy unit of South Korean conglomerate SK Group, said Wednesday it will team up with U.S. fuel cell maker Plug Power Inc. to make a foray into the Asian hydrogen market. The two companies struck a deal to establish a 51:49 joint venture company, nine [...]
SEOUL, Sept. 10 (Korea Bizwire) — SK E&S Co., a leading South Korean gas provider, is making forays into the energy solution market for storage and resale of excess electricity. The company announced on Thursday that it had secured management rights for Key Capture Energy LLC (KCE), a U.S.-based grid solution provider, by acquiring a [...]
SEOUL, June 17 (Korea Bizwire) — SK E&S Co., a leading South Korean gas provider, is pushing forward with efforts to develop carbon dioxide capture technology, which is emerging as a core technology in the realization of carbon neutral goals. On Wednesday, the company signed a partnership agreement with the state-run Korea Institute of Energy [...]
SEOUL, March 30 (Korea Bizwire) — SK E&S Co., the natural gas provider under SK Group, said it will invest 1.6 trillion won (US$1.4 billion won) over the next five years to develop an Australian gas field for the stable supply of liquefied natural gas (LNG). SK E&S said it approved the investment plan to [...]
SEOUL, July 30 (Korea Bizwire) — SK E&S Co., a leading South Korean gas provider, said Thursday that it will invest US$115.8 million to set up a joint venture (JV) with U.S. solar energy company Sunrun Inc. in its latest move to expand its energy solution business in the United States. Under the plan, SK [...]
SEOUL, Nov. 2 (Korea Bizwire) — SK Innovation Co. and SK E&S Co. announced yesterday a ribbon cutting ceremony for a new energy storage system (ESS) at Ulsan Complex (Ulsan CLX), SK’s main production center. An ESS captures energy produced at periods when energy consumption is low for use at a later time when energy [...]
SEOUL, April 10 (Korea Bizwire) — The deadline is April 20 to apply for monthly stipends of 250,000 won that will continue to be issued until the recipient turns 18. To be eligible for this benefit, the applicant must be a Seoul child of a low-income household who is 12 years old or younger and [...]