West Deptford Power Station
Scope
Date
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Carbon neutrality
Hyundai Mobis to power all plants with 100% renewable energy by 2040
Automobile companies’ carbon-neutral activities often result in developing and producing eco-friendly vehicles such as electric vehicles and h...
Jul 11, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai showcases IONIQ 6, electrified streamliner
Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...
Jun 29, 2022 (Gmt+09:00)
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Energy
Doosan Enerbility, Siemens' affiliate sign MOU for wind power business
Doosan Enerbility Co. announced Sunday it has signed an initial memorandum of understanding (MOU) with Siemens Gamesa Renewable Energy S.A. (SGRE) i...
Jun 27, 2022 (Gmt+09:00)
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Batteries
Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs
Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...
Jun 24, 2022 (Gmt+09:00)
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Energy
Petrochem firms to fuel plants with self-supplied power
South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...
Jun 23, 2022 (Gmt+09:00)
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Energy
Korea to reboot nuclear power sector with orders, aid
South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out policy by placi...
Jun 22, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Power develops first homegrown compressor for LNG gas carriers
Hanwha Power Systems Co., a South Korean energy equipment company, said on Friday it has completed joint development of a boil-off gas (BOG) compres...
Jun 17, 2022 (Gmt+09:00)
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Energy
SK to invest $30 mn in ammonia-based power solutions developer Amogy
SK Innovation Co. announced Tuesday it will inject $30 million into Brooklyn-based Amogy Inc. The intermediate holding company of SK Group and ...
Jun 14, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LS Electric acquires Nokia’s power facility asset analysis platform
LS Electric announced Wednesday it has acquired Nokia’s power facility asset analysis platform. The power solutions arm of South Korea&rs...
Jun 08, 2022 (Gmt+09:00)
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Entertainment
BTS' Army, Blackpink's Blink power Korea fandom platforms
Army of BTS, Blink of Blackpink and other global fan clubs of the world’s K-pop stars are strengthening the fan engagement platform business o...
Jun 07, 2022 (Gmt+09:00)
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Hydrogen economy
SK Gas, Lotte Chemical to launch JV for hydrogen power generation
SK Gas Co., a South Korean major liquefied petroleum gas (LPG) provider, and Korean chemicals firm Lotte Chemical Corp. are slated to set up a joint...
Jun 02, 2022 (Gmt+09:00)
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Robotics
Hyundai Robotics, Vodafone to provide service robots in Germany
South Korean robotics firm Hyundai Robotics Co. announced it signed a letter of intent for a business partnership with global telecommunications gia...
May 31, 2022 (Gmt+09:00)
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Energy
S&P lowers KEPCO’s stand-alone credit rating to non-investment grade
Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...
May 27, 2022 (Gmt+09:00)
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Business & Politics
Seoul, Washington to bolster small nuclear reactor tech alliance
South Korean President Yoon Suk-yeol will meet with his US counterpart President Joe Biden this Saturday for a summit meeting in Seoul. The two...
May 19, 2022 (Gmt+09:00)
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Pension funds
NPS, KTCU to invest $390 mn in US major power generator
Some major South Korean institutional investors, including National Pension Service (NPS) and Korean Teachers’ Credit Union (KTCU), are set ...
May 19, 2022 (Gmt+09:00)
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Korean startups
Startup accelerator D.Camp opens Busan office
For the first time, South Korea’s startup accelerator D.Camp has opened an office in the port city of Busan. The joint effort between D...
May 16, 2022 (Gmt+09:00)
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Earnings
NCSOFT profit beats forecasts as Lineage W drives sales to record
NCSOFT Corp., South Korea’s leading game developer, surprised investors with stronger-than-expected profit in the first quarter as Lineage W, ...
May 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor to build LNG plant to power its factories
Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...
May 09, 2022 (Gmt+09:00)
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Energy
Korea’s new govt. aims to export 10 nuclear power plants
South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...
May 03, 2022 (Gmt+09:00)
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Electric vehicles
SK, BlackRock team to bet on EV charging station maker
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
Apr 29, 2022 (Gmt+09:00)
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Investment banking
NH Investment opens London affiliate to ramp up global IB business
NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...
Apr 28, 2022 (Gmt+09:00)
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Electric vehicles
SK buys power semiconductor maker for EV chip business
SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...
Apr 27, 2022 (Gmt+09:00)
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Energy
Doosan to supply key SMR equipment to US NuScale Power
Doosan Enerbility Co., South Korea's major power plant builder, will participate in a nuclear power plant in the US as a key equipment supplier for ...
Apr 26, 2022 (Gmt+09:00)
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Energy
LG Chem becomes 1st Korean long-term renewables buyer
LG Chem Ltd. has become the first South Korean company to buy renewable energy on a long-term basis as part of an effort to make a full switch to re...
Apr 25, 2022 (Gmt+09:00)
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Hydrogen economy
Hyundai Rotem to kick off liquid hydrogen fueling station project
Hyundai Rotem Co., a South Korea’s railway system maker under Hyundai Motor Group, said on Friday that it has won a demonstration project to b...
Apr 22, 2022 (Gmt+09:00)
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Business & Politics
Korea’s Yoon govt to raise nuclear power to 34% of energy source
South Korea’s incoming government plans to extend the service life of eight more nuclear power plants than originally planned as President-ele...
Apr 21, 2022 (Gmt+09:00)
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Robotics
KT showcases AI-powered robots, traffic control program at tech fair
KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...
Apr 20, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 anti-tank missile in spotlight amid Ukraine war
An anti-tank guided weapon produced by South Korean defense exporter LIG Nex1 Co. is in the spotlight as Ukraine said its forces destroyed Russian a...
Apr 15, 2022 (Gmt+09:00)
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Healthcare
KT taps Vietnam for digital healthcare and AI-powered diagnosis
KT Corp., a major telecommunications company in South Korea, is set to enter the Vietnamese healthcare market with a pilot telemedicine service an...
Apr 13, 2022 (Gmt+09:00)
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Hyundai E&C, Holtec sign nuclear power plant decommissioning deal
Hyundai Engineering & Construction Co. is tapping into the US nuclear power plant dismantlement market by expanding its partnership with Holtec ...
Mar 31, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer