SEOUL, Jul. 6 (Korea Bizwire) — The volume of electricity generated from renewable energy hit a record high last year, aided by a surge in power generation coming from biomass and by-product gas, data showed Thursday. According to the data compiled by the Korea Power Exchange, a total of 19.35 million megawatt-hours worth of electricity [...]
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 [...]
OTTAWA, ON, Dec. 15 (Korea Bizwire) – SolarWinds MSP today announced the next generation of the company’s award-winning remote monitoring and management (RMM) platform, SolarWinds® MSP N-central® 11. MSP N-central 11, now generally available, is designed to simplify and automate the day-to-day management of core IT services. New features include integrated SolarWinds MSP Backup & [...]
SEOUL, Nov. 30 (Korea Bizwire) – In an effort to promote new and renewable energy, and stabilize fluctuating prices, the government has decided to institute “20-year fixed-price contracts” that will better guarantee business profits as well as attract more investment in the sector. According to the Ministry of Trade, Industry & Energy, the government will [...]
SEOUL, Nov. 25 (Korea Bizwire) – K-Water, South Korea’s state water resources company, said Friday that it has begun to raise funds worth about 100 billion won (US$84 million) to build the world’s largest floating power-generating facilities. The energy company said it plans to sign deals with institutional investors by March next year to build [...]
DAEJEON, Aug. 25 (Korea Bizwire) – The Korea Aerospace Research Institute (KARI) announced Thursday that its EAV-3, a solar-powered drone, completed a successful 90-minute flight in the Earth’s stratosphere, some 18.5 kilometers above the surface of the earth, on August 12. This also made the aircraft the world’s third of its kind to successfully enter [...]
SEOUL, Feb. 15 (Korea Bizwire) – South Korea’s LG Chem Inc. said it will supply energy storage systems (ESS) for four solar plants under construction in Japan in a deal worth over 300 billion won (US$272.7 million). The nation’s largest battery maker said it won a contract to supply the storage systems with a daily [...]
SHANGHAI, Feb. 25 (Korea Bizwire) — Hanwha SolarOne Co. Ltd. (the “Company,” or “Hanwha SolarOne”)(Nasdaq: HSOL), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced that it will display three modules from its latest generation HSL Series modules at the PV Expo 2014 held in Tokyo, Japan: the HSL 60 Poly Module, HSL 72 Poly [...]
SEOUL, Korea, Dec 16 (Korea Bizwire) – Hanwha Group has set out to promote the advantage of solar power to the general public. The group companies like Hanwha Q-Cells Korea, Hanwha 63 City, and Hanwha Environmental Research Institute, in partnership with civil society organizations, opened a class teaching how to install small-scale photovoltaic panels as well [...]
SEOUL, Korea, Nov 02 (Korea Bizwire) – Asiana Airlines set out to install 30 solar-powered streetlights in Myanmar as part of its global corporate social responsibility activities. The airliner said on October 31 that it held on the same day a signing ceremony for environmentally friendly streetlights at the nation’s former capital Yangon, with more than 100 [...]