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SMR
Holtec and Hyundai Win Korean Financial Support for SMR-160
South Korean national financial institutions K-Sure (Korea Trade Insurance Corporation) and Kexim (Export-Import Bank of Korea) have both signed agreements with…
Hydrogen Fuel Cell
HK Shipping Signs Mou on Hydrogen Tech, Christens New Chemical Tankers
Hong Kong-based HK Shipping recently signed a Memorandum of Understanding (MOU) with South Korean companies KOMSCO and Mytec to collaborate on the development o…
LNG
HJSC Rolls Out New LR-Approved LNG Bunkering Vessel Design
South Korean shipbuilder HJ Shipbuilding & Construction (HJSC, formerly Hanjin Heavy Industries & Construction) has developed a new LNG bunkering vessel for whi…
SMR
Holtec Deepens Relationship With South Korea for SMR Deployment
From left: Hyundai E&C president and CEO Young-joon Yoon, Holtec president and CEO Kris Singh, South Korean minister of trade, industry and energy Chang-yang Le…
Renewable Energy
SK, Plug Power to Pour USD 746M in Korean Hydrogen Gigafactory
Plug Power Inc (NASDAQ:PLUG) and South Korea’s SK E&S have pledged to spend KRW 1 trillion (USD 746m/EUR 678.3m) to build a gigafactory for hydrogen facil…
Battery
LG Energy Solution Says Energy Storage Market Is ‘Priority’ for Lfp Battery Production
LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a new gro…
Electric Vehicles
Korea Offers Tesla ‘Active Support’ to Build Gigafactory There
South Korean President Yoon Suk Yeol met with Tesla CEO Elon Musk in Washington, D.C., today during a six-day visit to the US. The meeting was at Musk’s r…
Nuclear Reactor
Expansion of US-Korean Cooperation on SMRs
Agreements to cooperate on small modular reactors (SMRs) have been signed between South Korean and US companies during a visit by Korean President Yoon Suk-yeol…
SMR
US-Korean Partners to Build SMR-Powered Hydrogen Production Facility
Ultra Safe Nuclear Corporation (USNC) of the USA has signed a memorandum of understanding (MoU) with South Korea's Hyundai Engineering and SK E&C to conduct…
Energy Storage Project
New Efficient One-Pot Process for Recycling Metals From Spent Li-Ion Batteries
A team from the Korean government-funded research institute The Institute for Basic Science has developed a one-pot liquid extraction process that uses rotating…
Electric Vehicles
Hyundai Motor Group Starts Building Lunar Exploration Rover Development Model
Hyundai Motor Group (the Group) has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners.In Jul…
Nuclear Power Plant (NPP)
MoU Sees KAERI, Alberta Cooperation on SMRs
Korea Atomic Energy Research Institute (KAERI) has signed a memorandum of understanding (MoU) with the Government of Alberta to collaborate on the deployment of…
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 (…
Floating Offshore Wind
Shell and Hexicon Appoint K2 Management as Lender’s Technical Advisor for South Korean Floating Wind Farm
Shell and Hexicon, through their joint venture in South Korea, have appointed K2 Management (K2M) as Lender’s Technical Advisor for the MunmuBaram project…
Nuclear Technology
U.K., South Korea Issue Joint Declaration on Nuclear Cooperation
As part of the run-up to the G7 Ministers’ Meeting on Climate, Energy, and Environment in Japan on April 15–16, U.K. energy security secretary Grant…
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