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Hanwha To Build 1.4 GW Module Facility In US & Expand Cell Capacity In Korea – EQ Mag Pro

Hanwha has announced plans to invest $320 million in expanding its US and South Korean manufacturing capacity In the US, it will build 1.4 GW module fab worth $170 million targeting a completion timeline of H1/2023 In South Korea, it will invest $150 million to expand its overall cell manufacturing to a total of 5.4 […]

OMERS Private Equity Invests US$100 Million of Growth Capital in NovaSource Power Services – EQ Mag Pro

Giant Floating Solar Flowers Offer Hope for Coal-Addicted Korea – EQ Mag Pro

More than 92,000 solar panels in the shape of plum blossoms, floating on the surface of a reservoir in South Korea, offer a vision of how land-scarce developed nations can overcome local resistance to giant renewable-energy projects. The 17 giant flowers on the 12-mile-long reservoir in the southern county of Hapcheon are able to generate […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro

Korea to Build Five Hydrogen Clusters With W1.2tr – EQ Mag Pro

Prime Minister Chung Sye-kyun, second from right, looks at a model of a hydrogen plant at the factory of SK Incheon Petrochem on March 2, with SK Chairman Chey Tae-won, first from right, and Hyundai Motor Chairman Chung Euisun, third from right. South Korea will spend 1.27 trillion won ($1.07 billion) to establish five hydrogen […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro

Korea Midland Power’s Texas Solar Project

White & Case LLP has advised Korea Midland Power Co., Ltd., a Korean corporation (KOMIPO), and its affiliated US subsidiaries on its Texas solar project. The transactions included (i) an acquisition by KOMIPO of a proposed 130 MW-ac solar energy project located in Frio County, Texas (the Project) from an affiliate of 7X Energy, Inc.; […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro

BlackRock going after green infrastructure-focused IGIS PE in Korea

Multinational asset managing behemoth BlackRock is after Korea-based IGIS Private Equity Fund (IGIS PE) for its strength in offshore wind and solar power infrastructures. BlackRock is said to be in the final stage of negotiation to take over IGIS PE’s stake from its IGIS Asset Management and its affiliates, according to industry sources on Sunday. […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro

Korea Backs African Energy With AfDB Financing

South Korea will provide $600 million to co-finance energy projects in Africa, alongside the African Development Bank (AfDB). The AfDB has provided support for Egypt’s electricity sector The agreement was reached with the Korean Ministry of Economy and Finance and the Export-Import Bank of Korea. The support will run for five years. The Korea-Africa Energy […]

Perovskite, an extraordinary advance in increasing the efficiency of silicon solar cells IV News – EQ Mag Pro

Korea Far Behind World Average in Renewable Energy

SEJONG : South Korea was found to have fallen far short of the world average in renewable energy use, amid a global ramp-up in efforts to attain carbon neutrality by 2050. The world economies’ average in the percentage of renewable energy of the total energy supply reached 13.51 percent, according to the Organization for Economic […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro

Korea Midland Power Acquires Texas Solar Project

130MWac Elara Energy Project expected to reach full commercial operation in Q4 2021 Texas-based utility-scale solar developer 7X Energy has sold its 130MWac Elara Energy Project to KOMIPO America, a subsidiary of Korea Midland Power, in the latest move by Korean investors into the US renewable energy sector. Elara, located in Frio County, Texas, is […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro

Samsung SDI Plans to Mass Produce All-Solid-State Batteries in 2027

According to reporting by BusinessKorea and other news agencies, Samsung SDI, which is the battery manufacturing subsidiary of Samsung, announced on May 25 that it will begin developing large-sized, all-solid-state battery cells in 2025 and have prototypes ready by the end of the same year. Furthermore, the mass production of all-solid-state cells is scheduled for […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro

7X Energy Sells Elara Solar Project to KOMIPO

7X Energy Inc. has sold its 130 MW AC Elara Energy Project, located in Frio County, Texas, on over 1,700 acres, to KOMIPO America Inc., the U.S. subsidiary of Korea Midland Power Co. Ltd., one of the major power companies in Korea. Morgan Stanley Renewables Inc. is anticipated to be the sole tax equity investor […]

Japan’s Bando installs 1-MW rooftop solar array at Indian plant – EQ Mag Pro