Plug Power to make fuel cells in South Korea amid rising demand for green energy TOKYO : U.S. hydrogen fuel cell maker Plug Power, which counts Walmart and Amazon as its clients, is planning to expand its businesses in China, Vietnam and South Korea, through a joint venture with conglomerate SK Group. Earlier this year, […]
SK E&C to Invest 300 Bil. Won in ESG Projects Abroad
SK Engineering & Construction (SK E&C) has recently decided to create a corporate partnership (COPA) fund with a private equity fund (PEF) company to invest in overseas ESG projects. The builder has sent requests for bidding proposals (RFPs) to several PEF management companies. The size of the fund is estimated at 300 billion won. It […]
SK Innovation Loses US Battery Trade Case But Gets Temporary OK To Sell To Ford, VW
SK noted there was a 60-day presidential review period in which President Joe Biden could decide to reverse the ruling. Biden has made electric vehicles and reducing vehicle emissions a top priority. The U.S. International Trade Commission (ITC) on Wednesday sided with South Korea’s chemicals and electric vehicle (EV) battery maker LG Chem Ltd, which […]
SK Innovation to issue $1bn ‘green bond’ for US battery plant
SK battery America Inc., the Korean firm’s U.S. subsidiary, will issue the green bond, a type of financing for eco-friendly projects, later this month to build its second EV battery plant in Georgia, a company spokesperson said. Seoul : SK Innovation Co., a South Korean refinery-to-battery company, plans to issue a green bond worth 1.09 […]
Hyundai Motor Group, SK Innovation to collaborate on development of EV battery industry ecosystem
Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that are key to the future mobility industry Hyundai Motor Group and SK Innovation Co. have agreed to cooperate in the development of a sustainable ecosystem for electric vehicle (EV) batteries that […]