South korea

Offshore Wind Power

Ocean Winds Nets Key Permit for 1.1GW Hanbando

Ocean Winds has secured a key permit for its 1125MW Hanbando offshore wind project in South Korea.The Electricity Business Licence (EBL) licence was granted aft…

Metal

Ironveld Signs Revised Term Sheet With SEAM for Magnetite Plant in Limpopo

South African speciality metals producer Ironveld’s subsidiary, Ironveld Holdings, has signed an updated term sheet with Sable Exploration and Mining (SEA…

SMR

Holtec Signs Agreement With Hyundai to Build Small Nuclear Reactors at Palisades Plant, CNBC Reports

A view of the grounds at the Palisades nuclear reactor in Covert Township, Michigan, U.S., August 14, 2024.Holtec International, a U.S.-based company, has final…

Nuclear Reactor

South Korea Confirms Need for New Reactors

An artistic impression of Shin Hanul 3 and 4South Korea’s latest 15-year long-term energy plan, finalized following extensive discussions, outlines a ambitious…

Carbon Emissions

Korea to Set Greenhouse Gas Emission Goal for 2035 With UN

Acting President Choi Sang-mok speaks during a meeting of the Presidential Commission on Carbon Neutrality and Green Growth at the government complex in Seoul, …

Nuclear Reactor

South Korea Plans Two New Large Nuclear Reactors, More Renewables in Energy Mix

Children visit a seashore as Wolseong Nuclear Power Plant is seen in the background at Naa-ri village in Gyeongju, South Korea, August 23, 2022.South Korea fina…

LNG Carrier

Evergreen Orders 11 Mega-Size Containerships Worth US$3.2B

Evergreen Marine has commissioned two shipyards in South Korea and China to build 11 LNG, dual-fueled 24,000 TEU megamax vessels.Each ship is expected to cost b…

Floating Offshore Wind

Balmoral Comtec Enters Agreement for Korea’s 750 MW Floating Wind Project

L-R: Goo Bon-kyu, CEO of LS Cable & System; Bill Main, Managing Director of Balmoral Comtec; and Kim Byung-ok, CEO of LS Marine Solution;Balmoral Comtec, part o…

Ammonia

Trigon Pacific Terminals and Ulsan Free Economic Zone Partner on Hydrogen-As-Ammonia Project

SEOUL, South Korea and PRINCE RUPERT, BC - Trigon Pacific Terminals Ltd. (Trigon) today signed a Memorandum of Understanding (MOU) with the Ulsan Free Economic …

SMR

Korean SMR-Powered Container Ship Design Revealed

A rendering of a 15,000 TEU-class SMR-powered containershipSouth Korea's HD Korea Shipbuilding & Offshore Engineering has unveiled a nuclear-powered contain…

Net Zero

Net-Zero Quest: South Korea, Australia to Create Green Shipping Corridor

South Korea and Australia have decided to establish a green shipping corridor to support international shipping’s zero-emission goals and create an enviro…

Hydrogen Production

Hylium and Element 1 to Commercialise Hydrogen Generation Tech in Asia

Hylium will assemble S-Series methanol hydrogen generators with Element 1 parts, with a possible L/M-Series expansion.Hylium Industries, a hydrogen technologies…

Nuclear Power Plant (NPP)

South Korea Increases Support for Domestic Nuclear Industry

An artistic impression of Shin Hanul 3 and 4The Ministry of Trade, Industry and Energy has announced KRW150 billion (USD103 million) of financial support this y…

Nuclear Power Plant (NPP)

S. Korea to Extend 150 B Won in Policy Financing to Nuclear Power Plant Firms

This undated file photo shows the Shin-Hanul 1 and 2 nuclear reactors in Uljin, about 220 kilometers southeast of Seoul.South Korea will provide 150 billion won…

Offshore Wind Power

LG Energy Solution Picked as Bidding Operator of Jeju Offshore Wind Farm

LG Energy Solution Ltd., South Korea's leading battery maker, said Monday it has been named the renewable energy bidding service operator for the country…