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Net Zero Emission
KB Financial Group to Walk Towards Carbon Neutrality for Future Generations
KB Financial Group held its environmental, social, and corporate governance commitments on June 24 to declare "KB Net Zero S.T.A.R." as a mid- to long-term carb…
Smart City
K-City Network Global Cooperation Program to Commence Soon
The Ministry of Land, Infrastructure and Transport announced on June 23 that this year’s K-City Network Global Cooperation Program would be initiated in 11 sel…
Nuclear Power Plant
Cooperation with the U.S. May Hinder Korea's Nuclear Power Plant Exports
South Korean President Moon Jae-in and U.S. President Joe Biden had their first summit and released a joint statement on May 21.
Hydrogen Project
Hyosung Group and Linde Korea Start to Build Liquefied Hydrogen Plant in Ulsan
Hyosung Heavy Industries and Linde Korea held a groundbreaking ceremony for a liquefied hydrogen plant at Hyosung Chemical’s Yongyeon Plant in Ulsan on June 21…
Wind Power Project
Vestas Receives Order from Yeongwol Eco Wind Co. Ltd
Vestas has received a 46 MW order from Yeongwol Eco Wind Co., Ltd. for the Yeongwol Eco Wind Project in Korea. Co-owned with E1 Corporation and to be constructe…
Crude Oil
GS Caltex to Import 2 Million Barrels of Carbon Neutral Oil
GS Caltex will introduce two million barrels of carbon-neutral crude oil certified as carbon-neutral crude oil from Lundin Energy, a Swedish energy company.
Electric Car
Kia to Expand Sales of Electric Vehicles in Europe with Uber
Kia and Uber have signed a partnership that offers purchase benefits for Kia's electric cars such as Niro EV to Uber drivers in Europe
Energy Storage Battery
LG Energy Solution's New TR1300 Operational At World's Largest Utility-Scale Battery Energy Storage Project
LG Energy Solution, South Korea's leading manufacturer of advanced lithium-ion batteries, recently supplied Vistra's Moss Landing Energy Storage Facility with i…
Nuclear Power Plant
KAERI and Samsung Heavy to Develop Nuclear Powered Ships
The Korea Atomic Energy Research Institute President Won-Seok Park) and Samsung Heavy Industries CEO Jin-Taek Jeong are cooperating to develop a carbon-free nuc…
Coal Trade
South Korean Coal Imports Drop in May
Competitive gas prices and coal-fired plant restrictions trimmed South Korean thermal coal imports on the year in May, although receipts from Australia are at a…
Nuclear Power Plant
Samsung Heavy Industries to Develop Offshore Nuclear Plant Technology
Samsung Heavy Industries will start to develop offshore floating nuclear power plant technology, which is emerging as a zero carbon energy source.
Hydrogen Project
Hyundai Motor, SK, POSCO and Hyosung Collaborating in Hydrogen Industry
Hyundai Motor Group chairman Chung Eui-sun, SK Group chairman Chey Tae-won, POSCO Group chairman Choi Jung-woo and Hyosung Group chairman Cho Hyun-joon gathered…
Gas Turbine
South Korea Eyes First Hydrogen Gas Turbine Demonstration in 2027
Stepping up efforts to develop a hydrogen gas turbine, Doosan Heavy Industries & Construction and a consortium of partners will begin South Korea’s first large…
Nuclear Power Plant
Czech Republic to Rule Russia and China Out of Nuclear Power Plant Construction Project
South Korea’s chance to win a nuclear power plant construction project in the Czech Republic has increased as Russia and China are likely to be ruled out.
South Korea
Doosan Wins 100MW Korean Offshore Turbine Deal
Company will supply 18 5.56MW machines for the Jeju Hallim project
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