Korean

Electric Car

Korean Companies Account for 9 of 14 EV Battery Plant Projects in the U.S.

Korean companies are taking the lead in building more than half of the large battery production plants in the United States.

LNG

Korea Shipbuilders Win 91% of Global LNG Carrier Orders in Jan.-Nov. Period

Korean shipbuilders won 91 percent of the global orders for liquefied natural gas carriers in the January-November period of 2021.

Market Analysis

Hydrogen Expected to Become Biggest Energy Source in Korea in 2050

The South Korean government has decided to turn hydrogen into South Korea’s biggest energy source by 2050.

Solar Cell

Hanwha to Invest in REC Silicon to Restart U.S. Polysilicon Production for Solar

Hanwha Solutions, the Korean company behind the Hanwha Q CELLS solar brand, plans to invest $160.47 million for a 16.67% stake in REC Silicon ASA.

Natural Gas

Korea Gas' Oct LNG Sales Rise 16% on year Amid Nuclear Maintenance, Energy Transition

South Korean state-owned Korea Gas Corp.'s LNG sales rose 15.8% year on year to 2.655 million mt in October, a company official said Nov. 18, driven by the shut…

Offshore Wind Power

Stepping up Korean Offshore Wind Power Plans

Together the partners will contribute significantly to the country’s ongoing energy transition and development of an offshore wind industry in Korea.

Energy Storage Battery

China's Easpring, SK to Develop Overseas CAM Projects

Major Chinese lithium cathode material manufacturer Beijing Easpring Material Technology has formed a partnership with key South Korean lithium-ion battery prod…

Coal-Fired Power Plants

South Korean Power Companies to Go Coal-free by 2050

The seven state-run power companies of South Korea made a joint statement on Nov. 10 that they would completely stop coal-based power generation by 2050 in orde…

LNG Carrier

Qatar Places First Batch of LNG Carrier Orders with Korean Shipbuilders

Qatar has placed the first batch of liquefied natural gas carrier orders with Korean shipbuilders.

Energy Investment

KKR Invests $2bn in South Korean Energy Company SK E&S

Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.

Hydrogen Project

Australia, South Korea Partner on Hydrogen Technology

The Australian and South Korean governments have agreed to work together on technology to increase the use of hydrogen produced from renewable sources, as part …

Coal Production

Asia-Pacific Coal Shortages Boost NE Asian Prices

The South Korean coal market extended gains this week on the back of spiralling global seaborne prices and tight availability exacerbated by heavy rainfall acro…

LNG

Details of Qatar’s LNG Carrier Project Expected to Come Out in October

More details of Qatar’s LNG carrier project worth about 23 trillion won are expected to come out in October. As a result, competition to win a bigger share of …

Coal Trade

Posco Sells Out of Australian Coal Project

South Korean steel producer Posco has put the land for its failed 3mn t/yr Hume coal project in the NSW Southern Highlands and associated rail link to Port Kemb…

Coal Price

Asia-Pacific Coal Market Strength Lifts NE Asian Prices

The South Korean coal market rebounded sharply this week owing to strength in the Asia-Pacific commodity complex, but despite a weaker domestic demand outlook.