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South Korea
Climate Change
Shinhan Declares 'Zero Carbon' Drive
Shinhan Financial Group has declared its vision to go carbon-neutral by 2050, the first such move by a financial services firm in Southeast Asia, according to t
Hydrogen
Doosan Awarded EPC Contract for Korean Hydrogen Plant
Doosan Heavy Industries & Construction has been awarded the engineering, procurement and construction contract for a hydrogen liquefaction plant in Gyeongnam, K
Wind Power
South Korean Firm Touts Novel Vertical-Axis Wind Turbine Tower Concept
Odin Energy is lining up projects in Italy and South Korea. Can it find a niche to compete with mainstream wind turbines?
Hydrogen
Doosan to Develop Marine Fuel Cell System Based on Ceres SOFC Technology
Doosan Fuel Cell has today announced plans to develop a solid oxide fuel cell system for marine propulsion and power generation, based on Ceres Power Holdings’
Hydrogen
South Korea: Ministry of Environment Launches Task Force for Charging Station Development
The Ministry of Environment launched a task force on Nov. 4 to expand electric and hydrogen vehicle charging infrastructure.
Climate Change
South Korea Vows to Go Carbon Neutral by 2050 to Fight Climate Emergency
South Korea relies on coal for about 40% of its electricity generation, with renewables making up less than 6%.
Oil & Gas
KSOE Receives Order for up to Four LNG Carriers
Korean Shipbuilding & Offshore Engineering has secured a building order for two 174,000m³ LNG carriers, with options for another pair.
New Energy Vehicles
South Korea Expands Electric and H2 Stations for Cars
The South Korean government has just unveiled a plan to greatly increase the number of battery-electric and hydrogen fuel cell car charging and refuelling stati
Climate Change
S.Korea to Reach Net Zero Emissions by 2050
According to the World Bank, in 2019, Korea ranked as the world's 12th largest economy. As of 2019, it is also the world's seventh largest emitter.
Hydrogen
Hyundai Glovis to Develop World's First Liquefied Hydrogen Carrier
Hyundai Glovis has begun developing a large liquefied hydrogen carrier in cooperation with Hyundai Heavy Industries Group.
Wind Power
DNV GL Forms Floating Pact with Korean Engineers
Agreement with Samsung Heavy Industries to develop foundations and remote maintenance technology.
New Energy Vehicles
LG Chem to Produce New EV Batteries for Tesla
LG Chem's share price gained 3.57 percent on Oct. 22 when Tesla announced earnings which exceeded market expectations.
Thermal Power
European Investment Firms Opposed to Coal Power Plant Construction in Vietnam
A total of 20 global investment firms sent an official letter to Korea Electric Power Corp. (KEPCO) and Samsung C&T on Oct. 21 in order to object to their coal-
Coal
Mechel Signs Long-Term Coal Supply Contract with STX Corp
STX Corp., One of South Korea’s major universal trading companies active in Asia Pacific.
Hydrogen
Doosan and Ceres Power Sign South Korea Fuel Cell Deal
Electrochemical company Ceres Power and Doosan Fuel Cell have signed a deal to build an initial 50MW fuel cell stack manufacturing facility in South Korea.
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Most views from South Korea
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South Korea Launches 1.25GW Offshore Wind Tender
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Samsung Unveils First Multi-Folding Phone as Competition Set to Heat Up
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South Korea Petrochemical Overhaul Likely to Shut Small, Stand-Alone Naphtha Crackers
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Korea Zinc to Build $7.4 Billion US Minerals Refinery With Trump’s Support
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DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring
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Doosan Enerbility Exports Gas Turbines to u.s. In 1st Such Deal for S. Korea