South Korean solar energy company Brite Energy Partners has welcomed a USD 100 million investment from BlackRock Real Assets (BRA). BRA, a division of one of the world’s largest asset managers, BlackRock, has made its first investment in South Korea’s small-scale solar industry via its investment in Brite Energy. It follows Korea’s previously announced plans […]
South Korean 20-Mile Solar ‘Bike Highway’ Generates Electricity
This odd bike lane stands in the middle of a highway. A ‘bike highway’ running between Daejon and Sejong in South Korea is a sight —or rather, a concept —, you surely haven’t thought of before: It stretches for 20 miles (32 km), and it not only shields cyclists from the sun but also generates […]
Denmark’s Orsted to Work With South Korean Steel Giant on Offshore Wind, Renewable Hydrogen
Orsted wants to develop as much as 1.6 gigawatts (GW) of offshore wind near Incheon, South Korea. A number of major firms have recently revealed plans to develop renewable hydrogen facilities. Energy firm Orsted has signed a memorandum of understanding with South Korean conglomerate POSCO that will focus on offshore wind and renewable hydrogen. In […]
Sungrow Makes a Hit at South Korean Green Energy Expo
DAEGU, South Korea : Sungrow, the global leading inverter solution supplier for renewables, showcased the Company’s latest 1000V and 1500V inverter solutions at this week’s Green Energy Expo in South Korea, bagging a foothold in the national booming solar market. As one of the few physical renewable energy exhibitions during the pandemic, the South Korea […]
LG Energy Solution Commits To 100% Renewable Electricity
South Korean battery manufacturer LG Energy Solution has announced it is among the newest members of the RE100. RE100 is an international campaign that was started The Climate Group in partnership with CDP back in 2014 to encourage big companies to commit to 100% renewables-based electricity. LG Energy Solution says its manufacturing facilities in Poland […]
SE Asia Digest: VinaCapital, Singha Estate plan investments in power plants
Vietnam-based investor VinaCapital and South Korean private power generation company GS Energy have formed a joint venture to build and operate an LNG power complex in Long An, southern Vietnam. In Thailand, Singha Estate has reached an agreement to acquire a 30% interest in three co-generation power plants. VinaCapital, GS Energy to develop $3b power […]
How South Korean collaboration with Biden’s America can create green energy jobs to benefit the planet
Relief swept across South Korea when Joe Biden was elected US president. His victory was sweeter for being built on a clean-energy-revolution platform. If the United States becomes a solar and wind powerhouse, it will drive down emissions and create jobs. If Biden prioritises the 2035 net-zero target for America’s utilities and helps offshore wind […]
South Korean artificial sun sets world record, runs for 20 seconds at 100 million degrees
A SOUTH KOREAN fusion device has set a new world record with the “artificial sun” maintaining a 100 million C stream of plasma for 20 seconds. The Korea Superconducting Tokamak Advanced Research or KSTAR has taken a major leap forward in the development of a working nuclear fusion reactor. Unlocking the power of nuclear fusion […]
S.Korean stocks gain as U.S. election results point to higher bar for regulations
* KOSPI rises, foreigners net buyers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield falls SEOUL: Round-up of South Korean financial markets: ** South Korean shares rose towards a three-week high on Thursday, led by alternative energy and technology shares, as a clear Democratic sweep in the U.S. election […]