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 […]
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 […]
Doosan Heavy Signs MoU to Build Hydrogen Gas Turbine Project in Korea
Doosan Heavy has signed a memorandum of understanding (MoU) today (June 3) with Korea East-West Power, Ulsan Metropolitan City and SK Gas for a hydrogen gas turbine demonstration project. According to the MoU, Ulsan Metropolitan City will be providing administrative support on implementing infrastructure needed for the gas turbine business whereas Korea East-West power will […]
New Ford Venture to Build 2 Electric Vehicle Battery Plants
DETROIT: Ford is forming a joint venture that will build two North American factories to make batteries for roughly 600,000 electric vehicles per year by the middle of this decade. The deal with battery maker SK Innovation of Korea, announced Thursday, sets up a potential confrontation between the companies and the United Auto Workers, which […]
Australia and Korea Can Become Renewable Energy Superpowers Together
Australia and South Korea have a long history of friendship and co-operation. My country is Australia’s fourth-largest trading partner, and this year we will mark the 60th anniversary of diplomatic relations. But big changes are under way, raising the question of how we can evolve our relationship in a decarbonising world. South Korea’s economy is […]
Korea sets yet another world record in perovskite solar cell
A researcher from the Ulsan National Institute of Science and Technology holds out a perovskite solar cell, which it says boasts the world’s highest efficiency rate, Tuesday. Co-developed by UNIST, the Korea Institute of Energy Research and Swiss Federal Institute of Technology Lausanne, the next-generation solar cell can convert solar energy into usable energy at […]
KSTAR provides green energy at a 200kW PV Project in Chungbuk,Korea
Hills continue to go solar. KSTAR provides green energy at a 200kW PV Project in Goesan-gun, Chungbuk,Korea. A 200kW distributed solar project is located in Goesan-Gun, Chungbuk Korea with KSTAR 110kW Solar Inverter (KSG-110SL-KR) . The solar inverters are distributed on the hills of Goesan. KSTAR’s smart PV solutions are designed to be safe and […]
Origin Energy, POSCO ink green hydrogen deal
Origin Energy today said it has signed a deal with one of Korea’s largest steelmakers, POSCO, to cooperate on producing and supplying green hydrogen to Korea. The iron and steel sector accounts directly for 2.6 gigatonnes of carbon dioxide emissions annually, and around 8% of global final energy demand1, meaning greening this industry is essential […]
Korea requires green energy imports to decarbonize: AIGCC
South Korea has less potential to decarbonize autonomously than its Asian peers due to the insufficiency of its solar resources and seasonal variations in electricity demand, showed an analysis by Asia Investor Group on Climate Change on Thursday. Korea appears to require green energy imports to meet its decarbonization target to generate over 25 […]
Hanwha, LG eye world’s biggest floating solar farm project in Korea
Competition heats up as bidding begins for mega solar power project The bidding for the world’s biggest floating solar farm project is set to begin in South Korea, drawing interest from major domestic solar power companies, according to industry sources. Korea Hydro & Nuclear Power currently aims to build a 2.1-gigawatt floating solar power plant […]