SEOUL, April 9 (Korea Bizwire) — SK Engineering & Construction Co., a leading South Korean builder, has launched a drive to develop an independent model for a floating structure, a core component of offshore wind power farms that is drawing attention as an eco-friendly renewable energy source. The company announced on Thursday that it had [...]
SEOUL, Oct. 26 (Korea Bizwire) — South Korean shipbuilder Samsung Heavy Industries Co. said Monday it has launched its project along with DNV GL, a Norwegian ship quality assurance company, to develop floaters for offshore wind turbines. Under the deal with DNV GL, a leading global technical certification and standardization of offshore wind power, Samsung [...]
SEOUL, Jul. 18 (Korea Bizwire) — The installed capacity of solar and wind power rose 52 percent on-year in the first half of this year, leading the growth of renewable energy. Solar energy and wind power accounted for 92.6 percent of the total supply of renewable energy in the first half of the year, the [...]
SEOUL, Mar. 8 (Korea Bizwire) – The South Korean government plans to make mandatory the use of highly efficient products and provide incentives to eco-friendly generating facilities for a more competitive renewable energy industry. The initiative is expected to help prevent less efficient Chinese products from taking over the South Korean market, and develop highly efficient, eco-friendly [...]
SEOUL, Nov. 17 (Korea Bizwire) – South Korea opened its first commercial wind power plant on the southern island of Jeju on Friday, stepping up its renewable energy initiative, a state-run utility company said. Korea South-East Power Co., which is wholly owned by the state-run Korea Electric Power Corp., said the 30-megawatt complex, composed of [...]
SEOUL, June 18 (Korea Bizwire) – North Jeolla Province is making 1 billion won annually from a windfarm of 10 wind turbines installed near a seawall. According to the provincial government, it earned a total of 11.3 billion won (US$10 million) since it installed the wind turbines at the Gunjang Industrial Complex seawall in 2002. The [...]