GWANGJU, Jul. 10 (Korea Bizwire) — An apartment complex in Dong-gu, Gwangju is gaining national attention after residents made the decision to continue employing a security guard by making use of electricity bill savings resulting from the installation of new solar panels to cover his salary. The Ullim 2 Apartments was designated most recently as [...]
SEOUL, Nov. 13 (Korea Bizwire) – Speaking at the “Climate Summit of Local and Regional Leaders” in Germany on November 12, Seoul Mayor Park Won-soon pledged to reduce South Korea’s reliance on nuclear energy through a new energy policy dubbed “Seoul, City of the Sun”. Park described the policy as “a five-year plan to supply [...]
SEOUL, March 27 (Korea Bizwire) – The demand for household solar panels is soaring, with bigger subsidies on offer from the Korea Energy Agency and local governments, as households try to dodge sky-high electricity bills that dumbfounded them last summer. Starting this year, the KEA is providing 3.51 million won ($3,148) in subsidies for a [...]
JEJU, March 22 (Korea Bizwire) – Gapado, a small island off the southwest coast of Jeju Island, is in the limelight with its new status as a ‘carbon free island’. There are no telephone poles on Gapado. All 132 poles were removed, with only few that are required to maintain telephone service remaining. The electricity [...]
SEOUL, Nov. 24 (Korea Bizwire) – SK Corp., the holding firm of South Korea’s No. 3 conglomerate, said Tuesday that it has decided to take over a local manufacturer of special gases used in chipmaking, LCD and solar panels, as part of an effort to bolster its semiconductor material business. SK will buy a 49.1 [...]