South Korea
Korea's MOTIE advances regulatory innovation for hydrogen push
Korea's MOTIE advances regulatory innovation for hydrogen push
The measures will allow Korean companies to invest in electrolysis and liquid hydrogen.
Natural gas demand remains consistent in South Korea
Demand experienced a 26% year-on-year increase in 2023.
KHNP completes 20 MW Pohang Energy Park
Over $73m was provided to fund the project.
Amazon to develop 60 MW solar project in South Korea
This will support its target to reach net-zero carbon by 2040.
Over KRW 148.7b to be invested in 2024 for energy value chain projects
Over 100 proprietary technologies and 80 super-gap technologies will aid the energy value chain.
South Korea-based cable firm wins bid for $1.13b European wind energy project
LS Cable & System Ltd. will supply HVDC cables for offshore wind farms over the North Sea.
Corio, BP to fund $1.2b for Korean offshore wind power projects
The agreement is one of the deals formed during the South Korean President’s state visit.
South Korea, UK strengthen nuclear energy partnership
A total of nine MOUs were signed between the two countries.
South Korea and Czech Republic join hands for energy expansion
The bilateral cooperation reached $4.2b in 2022.
GE Vernova starts commercial operations for 500 MW heating plant in South Korea
The facility will supply power and steam to 100,000 citizens in the district.
South Korea’s electricity costs remain elevated due to high import prices
Around 97% of the country’s energy needs are met by imported energy.
SK E&S, CIP reach financial close for 99 MW offshore wind project in Korea
Construction of the wind farm is expected to be completed by the end of 2024.
Aquila Clean Energy APAC invests in 300 MW solar projects in South Korea
This is the company’s first investment in South Korea.
Ocean Winds, Ulsan partner to develop South Korean floating offshore wind project
The KF Wind project has a total capacity of 1.2 gigawatts.
South Korea targets to double new energy industry exports by 2030
The volume of exports is expected to triple by 2035.
South Korea’s 532 MW offshore wind project gets EIA approval
The project is targeted to begin construction in H1 2024.
South Korea sets up public-private SMR Alliance
The Alliance is composed of 11 government agencies and 31 private firms.
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