South korea

South Korea

Vestas Signs Strategic MOU with KPS and KMC to Strengthen Korea’s Offshore Wind Capabilities

Vestas, KEPCO Plant Service & Engineering (KPS) and KMC Line have signed a Memorandum of Understanding (MoU) to support Korea’s offshore wind sector, specifica…

South Korea

Samsung SDI Signs Mid- to Long-term LFP Cathode Material Supply Deal with L&F

Samsung SDI has secured a key supply agreement for battery materials as it moves to strengthen its presence in the North American energy storage system market.T…

South Korea

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

LPG shipping company Dorian LPG has taken delivery of its dual-fuel LPG and ammonia very large gas carrier (VLGC/AC) carrier from a South Korean shipbuilder.Sou…

LNG

Samsung Heavy Industries Secures Two LNG Carriers

Samsung Heavy Industries announced on the 23rd that it signed a contract with an Oceania-based shipping company for two liquefied natural gas (LNG) carriers wor…

South Korea

POSCO International to build rare earth supply chain

March 23 -- POSCO International Corp., the trading arm of POSCO Holdings, said Monday it will build a global supply chain for heavy rare earth elements to stren…

South Korea

Hyundai supplies Xcient fuel cell trucks for Uruguay zero-emission logistics project

March 20th - Hyundai Motor Company announced on Friday that it has provided eight Xcient hydrogen fuel cell trucks to an environmental logistics project in Urug…

United States

Terra Energy Center and Korate Asset Management Invest in Alaska's 1.25GW Coal-Fired Power Plant Project

according to data reported by the U.S. Department of the Interior, the American energy company Terra Energy Center plans to invest $1 billion (approximately KRW…

South Korea considers importing Russian oil

The South Korean government is pursuing the reintroduction of Russian crude oil imports, suspended since 2022, as the prolonged closure of the Strait of Hormuz …

South Korea Announces Increase in Nuclear Power Capacity Utilization to Address Energy Supply Challenges

The ruling Democratic Party of Korea announced on Monday that it will increase the utilization rate of nuclear power capacity to address current energy supply c…

South Korea's LS Cable & System Secures €35 Million Submarine Cable Contract in Malaysia

South Korea's LS Cable & System has recently secured a contract worth €35 million to build a submarine power cable project connecting Langkawi Island t…

Uranium Hexafluoride Gas Leak at Nuclear Fuel Plant in Daejeon, South Korea

January 9th - A uranium hexafluoride gas leak occurred at the No. 3 nuclear fuel warehouse of Korea Electric Power Corporation (KEPCO) in Yuseong District, Daej…

Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030

The Ministry of Agriculture, Food and Rural Affairs of South Korea formulated the "Livestock Manure Solid Fuel Activation Plan," announcing a goal to convert 1.…

South Korea's Doosan Enerbility to Build Small Modular Nuclear Reactor Manufacturing Plant

South Korea's Doosan Enerbility plans to construct a dedicated manufacturing plant for small modular reactors (SMRs). According to Korea's Business Kore…

Samsung SDI Collaborates with Automaker KGM to Develop Next-Generation Power Battery Technology

Recently, Samsung SDI announced that it has signed a Memorandum of Understanding (MOU) with South Korean automaker KG Mobility (KGM) to jointly develop next-gen…

Kia Sets Global Sales Target of 3.35 Million Units for 2026

On January 5, South Korean automaker Kia Corporation announced a new sales target in a regulatory filing. The document shows that the company plans to achieve g…