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Hydrogen Fuel Cell
Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power
South Korean industrial conglomerate SK Group has finalised its USD-1.6-billion capital investment in US fuel cell systems provider Plug Power Inc as part of a …
Electric Car
Electric Vehicle Prices to be Halved by 2025
The South Korean government has decided to lower the price of an electric vehicle by at least 10 million won by 2025.
Solar Cell
Hybrid Tandem Perovskite Solar Cell with 18.04% Efficiency
South Korean researchers claim to have developed a PV cell with a higher efficiency rate than any other tandem cell based on perovskite and organic materials.
LNG Carrier
Demand for Safe Eco-friendly Fuels Rising, LPG-Propelled Ships Expected to Be Built
The Ministry of Oceans and Fisheries announced on Jan. 31 that it approved the Korean Register of Shipping’s vessel inspection regulations regarding LPG-propel…
Thermal Coal
South Korean Coal Prices Ease on Milder Outlook
Thermal coal prices for South Korea fell this week, with milder weather expected next month.
Offshore Wind Power
Korean Shipbuilders Jumping into Offshore Wind Power Business
Korea's three major shipbuilders -- Korea Shipbuilding & Offshore Engineering, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering -- are jump…
Offshore Wind Power
South Korean Pair to Develop Offshore Wind Substation
Daewoo Shipbuilding & Marine Engineering and Korea Electric Power Corporation Engineering & Construction have signed a Memorandum of Understanding to develop an…
Electric Car
South Korea’s EV Exports Hit Record high in 2020
South Korean exports of environmentally friendly cars hit an all-time high in 2020, with the share of domestic sales exceeding 10pc for the first time.
Hydrogen Fuel Cell
SK Group Invests $1.5bn in Hydrogen Fuel Cell Firm Plug Power
South Korean company SK Group has agreed to invest $1.5bn in US-based hydrogen fuel cell solutions provider Plug Power, forming a new strategic partnership.
Iran
Strait of Hormuz: The World's Most Important Oil Artery
Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…
LNG Carrier
Global LNG Fleet Starts 2021 with Spate of Deliveries
Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow …
Hydrogen Project
Major Korean Enterprises Joining Hydrogen Industry
An increasing number of major South Korean conglomerates are entering the hydrogen industry. Recently, POSCO, SK, Hanwha and Hyosung Groups declared to do so.
South Korea
South Korea Plans To Downsize Nuclear & Coal While Quadrupling Renewables By 2034
South Korean President Moon Jae-in previously committed to moving away from nuclear power and toward renewable energy.
LNG
Korean Shipbuilders Enjoying Brisk New Order Intake at Year-end
Korean shipbuilders are enjoying a brisk new order intake at the year-end.
Power Construction
LS C&S Secures W232 bil. Wando-Jeju Submarine Cable Deal
LS Cable & System won a bid for Korean Electric Power Corp's "Jeju third submarine cable construction project" Thursday, which aims to connect the islands of Wa…
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