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LNG
Samsung Heavy Industries Remains in Black With $46M Profit
Samsung Heavy Industries stayed in the black for a second consecutive quarter, reporting an operating profit of 58.9 billion won ($46.1 million) driven by its f…
SMR
Korean, Polish Construction Firms Team Up for Nuclear Projects
Among the agreements signed during a Polish-Korean business forum on 14 July was a memorandum of understanding between Poland's KGHM Polska Miedź SA and So…
Photovoltaic （PV）
Maxeon, Samsung to Integrate Heat Pumps With Residential PV
Maxeon and Samsung have developed a cloud-to-cloud system to transmit data from Maxeon’s PV panels and batteries to Samsung’s home platform. The heat pump int…
Electric Vehicle Battery
GM, Samsung Sdi to Build $3B Battery Plant in Indiana
Indiana Governor Eric Holcomb announced plans to bring a more than $3 billion EV battery cell plant to St. Joseph County, creating 1,700 manufacturing jobs. The…
SMR
Nuclearelectrica and Partners Sign Mou for Nuscale Plants
Nuclearelectrica, E-INFRA, Nova Power & Gas, Fluor Enterprises, Samsung C&T Corporation and NuScale Power have signed a memorandum of understanding (MoU) to col…
Ammonia
Glenfarne and Samsung Engineering Ally on Hydrogen and Ammonia Projects
Glenfarne Energy Transition, a wholly owned subsidiary of Glenfarne Group, has announced the execution and launch of a collaboration agreement with Samsung Engi…
Nuclear Power Plant (NPP)
Partnership Formed to Deploy Seaborg’s Power Barge
Korea Hydro & Nuclear Power (KHNP), Samsung Heavy Industries (SHI) and Seaborg Technologies have established a consortium to develop floating nuclear power plan…
LNG
Baker Hughes to Supply Gas Turbine for Petronas Sabah LNG Project
Baker Hughes, an energy technology company, has been awarded an order to be booked in 1Q23 by Black & Veatch, a subcontractor to the JGC and Samsung Heavy Indus…
Carbon Capture
HMM to Trial Onboard Carbon Capture on a Containership
South Korean shipping major HMM plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with Samsung Heavy Industries (…
Power Construction
GE, Samsung C&T, EDF in Race for 7.2GW Saudi Power Projects
Two of the projects will come up in the kingdom's Taiba city, while the other two will be in Qassim citySaudi Power Procurement Company (SPPC) has announced…
South Korea
3 Korean EV Battery Makers’ Order Backlog to Top KRW1,000tn in 2023
The combined operating profit of LG Energy Solution, Samsung SDI and SK On is estimated to exceed five trillion won this year.That of LG Energy Solution is expe…
Energy Investment
Qatarenergy, Us Giant Take Investment Decision on Massive $6 Billion Ras Laffan Complex
Qatari giant also awarded EPC contract for project's ethylene plant to pairing of Samsung Engineering and CTCIQatarEnergy and US giant Chevron Phillips Chem…
Nuclear Power Plant
Samsung completes design of CMSR Power Barge
South Korean shipbuilder Samsung Heavy Industries (SHI) has completed the conceptual design for the CMSR Power Barge - a floating nuclear power plant based on c…
Itron’s IIoT and Samsung’s Smart Platform Link for Utility-Scale DERMS
The US tech giant is linking its Industrial Internet of Things (IIoT) network solution with the entertainment powerhouse’s SmartThings’ services to enable uti…
Hydrogen Project
Samsung Advances Green Hydrogen Project in Malaysia
H2biscus in Sarawak will also produce ammonia for export to South Korea.
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