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Wind Power
Doosan Heavy to Develop 8-MW Floating Offshore Wind Turbine
South Korean power plant builder Doosan Heavy Industries & Construction Co. has announced the development of an 8-megawatt floating offshore wind turbine.
New Energy Vehicles
Kia Launches 1st All-Electric EV Sedan, Starts from $40K
Kia, South Korea's second-biggest carmaker, on Monday launched an all-electric EV6 sedan in the domestic market ahead of its overseas launches later this year.
Energy Economy
South Korea: Hyundai Oilbank Sells Storage Terminal Business
Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.
Power Grid
LS Cable and System to Build High-Rise Undersea Cable Production Tower
LS Cable and System will invest 185.9 billion won to build an undersea cable system production plant in Donghae, Gangwon Province, the company said on July 25.
New Energy Vehicles
Hyundai Motor to Improve Safety of Second Life Battery Energy Storage System
South Korea’s top automaker Hyundai Motor said Sunday it has signed a memorandum of understanding with safety standards company UL to strengthen the safety of
Oil & Gas
KSOE Receives Orders for Seven LNG Carriers
South Korean shipbuilder Korean Shipbuilding and Offshore Engineering has secured building orders for seven new LNG carriers.
Policy & Regulation
Ground Broken for Munmu Daewang Science Research Center
Ground was broken on July 21 for the construction of a large-scale nuclear research center that will focus on three areas -- small modular reactors, nuclear pow
Energy Storage
Bloom Energy fuel cells to power 4.2-MW CHP micro plant in South Korea
Bloom Energy will install the first-ever solid oxide fuel cell technology in a planned combined heat and power plant to be built in South Korea.
Wind Power
South Korea Floater Wins DNV Approval
Samsung Heavy Industries has developed an offshore wind floating platform design for the South Korean market that has received approval in principle from DNV.
Energy Storage
Group14 Technologies and SK Materials form JV to Build Plant for Lithium-silicon Battery Materials
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers o
Nuclear Power
South Korean Nuclear Restarts to Help Meet Peak Demand
Returning nuclear capacity in South Korea is expected to help the country cope with a spike in seasonal temperatures and peak power demand.
Power Grid
Power Crisis Looms in Korea As Scorching Heat Continues
Nation may see the first power shortage alert issued in eight years this week
Nuclear Power
Fuel Loading Under Way at Korean APR-1400
Korea Hydro & Nuclear Power has today begun loading fuel assemblies into the core of unit 1 at its Shin Hanul nuclear power plant, days after being granted an o
Hydrogen
Lotte Chemical to Invest ₩4.4 trillion in Hydrogen by 2030; Releases New Hydrogen Roadmap
South Korean-based Lotte Chemical has unveiled its 2030 hydrogen growth roadmap which outlines the company’s intentions in accelerating hydrogen adoption and a
New Energy Vehicles
Korea: Sales of Imported Electric Vehicles Surge 65% in H1
Imported electric vehicle sales surged 65 percent in the first half of 2021 compared with a year ago.
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