SEOUL, Aug. 31 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, said Tuesday it has signed an initial agreement with Array Technologies Inc. to provide a corrosion resistant product to the U.S. manufacturer of ground-mounting systems used in solar energy projects. Under the memorandum of understanding inked virtually, POSCO will begin providing 200,000 [...]
SEOUL, Aug. 6 (Korea Bizwire) — Oriental Brewery (OB) Co., South Korea’s largest brewer, will be producing beer with eco-friendly solar energy next year by installing solar power generation facilities at company plants across the country. The company held a ceremony at its Icheon brewery in Gyeonggi Province to celebrate the start of the ‘RE100’ [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korea will establish a solar energy research and development center that domestic solar energy companies can jointly use to develop new technology. The Ministry of Trade, Industry and Energy announced on Tuesday that it had selected the Korea Institute of Energy Research, Daejeon Tachnopark, Korea University and Chungnam [...]
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, Jan. 20 (Korea Bizwire) — South Korea said Monday it will spend more on research and development (R&D) in the energy segment this year as the country targets clean and sustainable economic growth. South Korea will spend 916.3 billion won (US$789 million), a 19-percent rise from last year, on such projects, according to the [...]
SEOUL, Apr. 4 (Korea Bizwire) — The solar energy project carried out over the past three years has damaged some 4,407 hectares (44.07 million square meters) of forest land, records from the Korea Forest Service showed Thursday. Approximately 2.32 million trees were felled during the three-year period to set up solar energy development facilities, according [...]
JINDO, Oct. 25 (Korea Bizwire) — A move to push for a large-scale solar energy project initiated by community citizens for the first time in South Korea is gaining attention. The energy project to be set up on Jindo, an island in South Jeolla Province, will be led by cooperative members and is expected to [...]
SEOUL, Mar. 29 (Korea Bizwire) — Larger buildings scheduled to be built in Seoul from July will be required to offset energy consumption with renewable energy sources including solar energy. Under the new renewable energy quota, buildings larger than 100,000 square meters in total floor area will have to rely on renewable energy for at least [...]
SEOUL, Jan. 24 (Korea Bizwire) – The South Korea energy industry is expecting a significant sales drop in the U.S. as American trade authorities are set to impose so-called “safeguard” measures against imported solar cells and modules. As U.S. President Donald Trump announced steep tariffs targeting imported washing machines and solar cells on Tuesday, speculation is [...]
SEOUL, NOV. 23 (Korea Bizwire) – The Seoul Metropolitan Government has announced plans to introduce small solar panels at 1 million households by 2022. Currently, around 30,000 households in Seoul are equipped with mini solar panels, but Seoul’s ambitious plan will see the number grow by a factor of more than 30, allowing one in every [...]