Electricity News in South Korea

Hitachi & Samsung expand their strategic collaboration to advance the energy transition
12/11/2024 - Hitachi Energy, a global technology leader that’s advancing a sustainable energy future for all, and Samsung C&T Corporation Engineering & Construction Group (Samsung C&T), one of the world’s largest ...
Hitachi strengthens Jeju Island’s grid with first VSC converter technology installation
12/10/2024 - On the picturesque Jeju Island, located in the Korea Strait south of the Korean Peninsula, a new era of power stability and reliability has dawned. There, Korea Electric Power Corporation (KEPCO) inau...
Regulatory Approval Obtained for South Korean Transaction
11/28/2024 - Hexicon AB (publ) announced that the South Korean Electricity Regulatory Commission (KOREC) has approved the transfer of two out of three Electricity Business Licenses (EBLs) for the floating offshore...
Mainstream Renewable & Ocean Winds Secures Grid Connection for 1.1 GW Offshore Wind Farm
10/10/2024 - Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, announced that the joint venture KF Wind, a floating offshore wind project be...
Bloom Comments on Korea Fuel Cell Auction Results and Expected 2024 and 2025 Korea Volumes
9/20/2024 - In response to market commentary regarding the results of the recent Korea Hydrogen Portfolio Standard auction, Bloom expects shipment volumes to Korea to be similar in 2024 and the coming years to wh...
LG Innotek achieves renewable electricity transition rate of 61% in just 1Y since joining RE100
7/18/2024 - Reduced approximately 267,000 tons of greenhouse gas last year with the transition to renewable energy
Focusing on securing a stable renewable energy supply chain through REC, PPA, etc
Inves...
ABS and KRISO to Advance SMR-Powered Vessels and Floating Power Generation Platforms
7/18/2024 - ABS and the Korea Research Institute of Ships and Ocean Engineering (KRISO) are working together to advance commercial small modular reactor (SMR)-powered ships and floating SMR power generation platf...
ABS and HD Hyundai Group Sign MOU to Advance Medium-Voltage Power Systems on Ships
5/13/2024 - ABS, HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE) and HD Hyundai Heavy Industries, Co., Ltd. (HHI) signed a memorandum of understanding to collaborate on the technical feasibility ...
Plug Continues to Expand Cryogenic Sales with Multiple Customer Agreements
5/2/2024 - Agreements expand Plug’s reach in cryogenic equipment portfolio across sectors
International expansion of cryogenic equipment services with certification of liquid hydrogen storage tanks and tr...
RWE awarded Electricity Business Licence for the development of Seohae offshore wind farm
4/4/2024 - Licence grants RWE its first exclusive development rights for offshore wind in Korea
Development project with 495 MW of capacity located in Taean County
Engineering and Environmental Impact ...
Bloom Energy and SK ecoplant Announce 500 MW Sales Agreement Strengthening Existing Partnership
12/22/2023 - Bloom Energy and SK ecoplant, an engineering and energy solutions provider and subsidiary of South Korean conglomerate SK Group, announced they have extended the terms of the Preferred Distributor Agr...
Hanwha Aerospace contracts with BAE Systems to supply 155mm artillery propelling charges
11/22/2023 - Hanwha Aerospace has been awarded a contract to supply 155mm artillery bi-modular charge systems to BAE Systems. BAE Systems is a long term strategic supply partner to the UK Ministry of Defence. The ...
GC Biopharma Signs Power Purchase Agreement with SK E&S
10/10/2023 - GC Biopharma Corp. announced on today that it has signed Power Purchase Agreement (PPA) with SK E&S Co., Ltd on October 5th at its Ochang Plant.

PPA is an electricity trading contract sig...
LG Innotek Speeds up the Achievement of RE100
8/29/2023 - LG Innotek has announced on the 29th that it signed a direct PPA(Power Purchase Agreement) with SK E&S as part of ways to achieve '2030 RE100 (Renewable Electricity 100%)'.

The direct PPA i...
Hanwha Aerospace Collaborates with Hanwha Ocean to Develop Energy Storage System Technology
8/2/2023 - SEOUL, South Korea, Aug. 2, 2023 /PRNewswire/ -- Hanwha Aerospace announced a strategic collaboration with Hanwha Ocean, a subsidiary of Hanwha Aerospace, to develop and enhance Energy Storage System ...
Hyundai Joins Forces with CCC to Provide Personalized Zero-Emission Vehicle Lifestyle
6/22/2023 - The partnership to propose new lifestyle that combines zero-emission-vehicle (ZEV) mobility and cultural content in Japan by collaborating on new concept mobility service, data-driven marketing and gl...
LS C&S Promoting SOFC Fuel Cell Component Business Through LS Alsco
5/31/2023 - ¦ Producing fuel processing modules domestically and supplying parts to Bloom SK Fuel Cell
¦ Primary partner for key SOFC components and contributing to vitalization of hydrogen economy
¦ Ex...
LG ‘Full Speed Ahead’ With Its EV Charger Solutions Business
5/25/2023 - LG Electronics (LG) is expanding its electric vehicle (EV) charger solutions business, a move expected to further solidify the company’s position in the fast-growing EV charger segment. LG held a cere...
SES Preparing for Next-Phase of Li-Metal Cell Manufacturing
5/3/2023 - SES AI Corporation, headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and ot...
Hyundai Mobis CEO Sung-hwan Cho Introduced Mobility Platform Provider Strategy
4/28/2023 - Dr. Cho elaborated on the "mobility platform provider" strategy at the 44th Vienna International Motor Symposium.
He presented the business expansion strategy being applied on new growth areas, s...

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