Korea

Carbon Neutral

South Korea to Strengthen Energy Cooperation With ASEAN

Areas of focus will include the enhancement of clean energy and data exchange.

Hydrogen Project

Samsung Advances Green Hydrogen Project in Malaysia

H2biscus in Sarawak will also produce ammonia for export to South Korea.

LNG

South Korea-Oman Energy Supply Chain Critical Amidst Rise in LNG Prices

South Korea’s Trade, Industry, and Energy Minister Lee Chang-Yang, and Oman’s Energy and Minerals Minister Salim bin Nasser Al Aufi discussed bilateral energy…

Offshore Wind Power

Corio and TotalEnergies Welcome SK Ecoplant to Offshore Wind Portfolio

Corio Generation, a Green Investment Group portfolio company, and TotalEnergies will join forces with SK ecoplant to develop the BadaEnergy offshore wind portfo…

Hydrogen Fuel Cell

Korean Shipbuilders Developing Hydrogen Fuel Cell Ships

South Korean shipbuilders are accelerating the development of hydrogen fuel cell ships, which are driven by fuel cell-based electricity instead of internal comb…

Electric Car

Europe and Japan Opposed to U.S. EV Subsidy Discrimination

The European Union and Japan, as well as South Korea, are objecting to the U.S. Inflation Reduction Act, pointing out that the United States is violating the pr…

Nuclear Reactor

Ultra Safe Nuclear and Hyundai Engineering Partner on High Temperature Reactor

Ultra Safe Nuclear Corporation, which is working to deploy a gas-cooled micro reactor, said it has a new supplier agreement with Korean EPC firm Hyundai Enginee…

Nuclear Reactor

South Korea’s SK invests $250m in Bill Gates’ TerraPower

The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia

Nuclear Technology

South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech

South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…

Electric Car

South Korean Government Asks U.S. Government to Soften EV Subsidy Requirements

Ahn Deok-keun, head of trade negotiations at the Korean Ministry of Trade, Industry and Energy (MOTIE), has recently requested the U.S. government to ease the r…

Electric Vehicle Battery

Chinese Companies Leading Global EV Battery Market

Market research firm SNE Research announced on Aug. 1 that CATL’s share in the global EV battery market rose from 28 percent to 34 percent in the first half of…

Wind Farm

Total Eren, Partners Begin Construction of 16.7MW Wind Farm in South Korea

The project will start operations in Q1 2024.

Hydrogen Production

ACWA Power, POSCO Partner to Develop Green Hydrogen in South Korea

The MoU seeks to decarbonise POSCO Group’s power generation.

South Korea

Acwa Power Teams up With South Korea’s Posco to Develop Green Hydrogen

Agreement aims to decarbonise power generation and steel manufacturing processes

Floating Offshore Wind

Hexicon Korea to Divest Stake in 1.2GW Floating Wind Project

The buyer will own 100% of the floating wind project and assume its financial ownership going forward.