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Electric Car
Korean and Chinese EV Battery Makers Likely to Collaborate
The South Korean government is planning to apply zero tariffs to battery materials this year.
Electric Vehicle Battery
Volkswagen Discussing Partnership with Korean EV Battery Makers
According to experts, Volkswagen is doing so for supply source diversification with its partnership with Northvolt faltering.
Electric Car
Korean Companies Account for 9 of 14 EV Battery Plant Projects in the U.S.
Korean companies are taking the lead in building more than half of the large battery production plants in the United States.
LNG
Korea Shipbuilders Win 91% of Global LNG Carrier Orders in Jan.-Nov. Period
Korean shipbuilders won 91 percent of the global orders for liquefied natural gas carriers in the January-November period of 2021.
Market Analysis
Hydrogen Expected to Become Biggest Energy Source in Korea in 2050
The South Korean government has decided to turn hydrogen into South Korea’s biggest energy source by 2050.
Solar Cell
Hanwha to Invest in REC Silicon to Restart U.S. Polysilicon Production for Solar
Hanwha Solutions, the Korean company behind the Hanwha Q CELLS solar brand, plans to invest $160.47 million for a 16.67% stake in REC Silicon ASA.
Natural Gas
Korea Gas' Oct LNG Sales Rise 16% on year Amid Nuclear Maintenance, Energy Transition
South Korean state-owned Korea Gas Corp.'s LNG sales rose 15.8% year on year to 2.655 million mt in October, a company official said Nov. 18, driven by the shut…
Offshore Wind Power
Stepping up Korean Offshore Wind Power Plans
Together the partners will contribute significantly to the country’s ongoing energy transition and development of an offshore wind industry in Korea.
Energy Storage Battery
China's Easpring, SK to Develop Overseas CAM Projects
Major Chinese lithium cathode material manufacturer Beijing Easpring Material Technology has formed a partnership with key South Korean lithium-ion battery prod…
Coal-Fired Power Plants
South Korean Power Companies to Go Coal-free by 2050
The seven state-run power companies of South Korea made a joint statement on Nov. 10 that they would completely stop coal-based power generation by 2050 in orde…
LNG Carrier
Qatar Places First Batch of LNG Carrier Orders with Korean Shipbuilders
Qatar has placed the first batch of liquefied natural gas carrier orders with Korean shipbuilders.
Energy Investment
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Hydrogen Project
Australia, South Korea Partner on Hydrogen Technology
The Australian and South Korean governments have agreed to work together on technology to increase the use of hydrogen produced from renewable sources, as part …
Coal Production
Asia-Pacific Coal Shortages Boost NE Asian Prices
The South Korean coal market extended gains this week on the back of spiralling global seaborne prices and tight availability exacerbated by heavy rainfall acro…
LNG
Details of Qatar’s LNG Carrier Project Expected to Come Out in October
More details of Qatar’s LNG carrier project worth about 23 trillion won are expected to come out in October. As a result, competition to win a bigger share of …
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