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 [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korean officials have defended the country’s makers of solar cells against a possible safeguard action by the United States during a public hearing, the foreign ministry said Thursday. A team of government officials from the foreign and trade ministries in charge of import regulations in overseas markets participated [...]
SEOUL, May 23 (Korea Bizwire) – As concerns over fine dust problems are seeing the newly formed Moon administration act swiftly to improve air quality, including closing down aging coal-fired power plants, eco-friendly solar energy businesses are attracting attention as a new private business model. According to renewable energy industry experts, private citizens with no [...]
SEOUL, Oct. 5 (Korea Bizwire) – South Korea will build a large-scale laboratory for solar photovoltaic technology, allowing companies to test the safety and reliability of solar-powered products, officials said Wednesday. The 1.5-megawatt lab will be built in the administrative capital of Sejong City, about 120 kilometers south of Seoul. If completed, South Korea will [...]