SEOUL, June 24 (Korea Bizwire) — Korea Shipbuilding & Offshore Engineering Co. said Thursday that it and its affiliate Hyundai Heavy Industries Co. have received approval in principle from Norwegian-German ship quality assurance society DNV and Britain’s Lloyd’s Register for their new liquefied natural gas (LNG) fuel supply system. The newly-developed system, dubbed Hi-eGAS (Hyundai [...]
SEOUL, Aug. 30 (Korea Bizwire) — POSCO Energy, a wholly owned energy unit of South Korean steelmaker POSCO, is gearing up to develop a low-carbon power generation technology that makes use of waste heat, in collaboration with a local company. The company recently announced that it had established a business tie-up with heat exchanger manufacturer [...]
SEOUL, June 28 (Korea Bizwire) — Hanwha Solutions Corp., a South Korean energy solutions company, will participate in a government project in tandem with Lotte Chemical Corp., a major petrochemical firm, to cut carbon emissions by recycling the waste heat at one of its plants. Hanwha Solutions announced that it will create 1 million tons [...]
SEOUL, Nov. 1 (Korea Bizwire) — Power consumption at data centers is soaring due to the rapid development of the nation’s information and communication technology (ICT) industry. However, analysts say that the massive amount of waste heat generated from these centers is not being recycled. According to a report released Thursday by the Korea Energy [...]
JINCHEON, South Korea, Nov. 22 (Korea Bizwire) – Another eco-friendly energy town has been established in South Korea, this time in Jincheon County, North Chungcheong Province. The Korean government has been investing in areas near incineration plants and human waste disposal facilities shunned by the general public to transform municipalities into environmentally-friendly energy towns. Such [...]