energy efficiency
Scope
Date
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Hydrogen economy
Doosan joins forces with S.Australian gov't to expand hydrogen business
Doosan Fuel Cell plans to expand its hydrogen business overseas. The company on Thursday said it had signed an agreement with the state of Sout...
Feb 09, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT DS secures global standard certification for Smart-X
KT DS, an IT service arm of South Korea's KT Group, said on Thursday that its Internet-of-Things (IoT) solution Smart-X has passed the oneM2M certif...
Feb 09, 2023 (Gmt+09:00)
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ESG
Chanel Korea to power its stores with renewable energy
Chanel Korea has taken a step toward reducing its carbon footprint by signing a memorandum of understanding (MOU) with Korea East-West Power. The ag...
Feb 09, 2023 (Gmt+09:00)
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Batteries
Korea EV battery makers lose market share against Chinese rivals
South Korean electric vehicle cell makers lost a market share against Chinese competitors last year as they failed to fully benefit from a surge in ...
Feb 08, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S, Ce-tek demonstrate carbon dioxide absorbent
Ce-tek, a research company in carbon capture technology supported by South Korea's SK E&S, has conducted a demonstration experiment that dramati...
Feb 08, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korean biotech firm Genesystem to bring molecular testing to India
Genesystem, a South Korean biotech firm specializing in on-site molecular testing platforms, announced on Tuesday its entry into the Indian market t...
Feb 08, 2023 (Gmt+09:00)
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Energy
SK Ecoplant changes North American corporation name
SK Ecoplant Co., a construction company of S.Korea's SK Group, said on Monday that it would change the name of its North American corporation BETEK,...
Feb 06, 2023 (Gmt+09:00)
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Bio & Pharma
Chong Kun Dang, Synaffix ink deal to introduce ADC technology
Chong Kun Dang Pharmaceutical Corp. said on Monday that it has signed a contract with Dutch biotechnology firm Synaffix B.V for the use of antibody-...
Feb 06, 2023 (Gmt+09:00)
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ESG
LG Group to invest $2.7 bn in decarbonization by 2030
South Korea's No. 4 conglomerate LG Corp. is set to accelerate its net zero by 2050 strategies.LG will invest 3.4 trillion won ($2.7 billion) by 203...
Feb 05, 2023 (Gmt+09:00)
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Pension funds
NPS lags global peers in 2013-2022 investment returns
South Korea's National Pension Service (NPS), the world's third-largest pension fund, has underperformed its global peers over the past decade in te...
Feb 05, 2023 (Gmt+09:00)
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Energy
S.Korea's science minister calls small modular reactors 'game changers'
Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), which he called a "ga...
Feb 03, 2023 (Gmt+09:00)
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Batteries
LG Energy inks $3.3 bn ECV battery deal for N.America, Europe
LG Energy Solution Ltd., the world’s third-largest secondary battery maker, has inked a supply deal estimated up to $3.3 billion for North Ame...
Feb 02, 2023 (Gmt+09:00)
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Energy
POSCO Int'l to expand LNG storage capacity for $810 mn
POSCO International Co. will sharply increase its liquefied natural gas (LNG) storage capacity by spending 1 trillion won ($810 million) to build a ...
Feb 01, 2023 (Gmt+09:00)
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Energy
Korea’s Hyundai Electric wins $86 mn transformer deal in US
Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...
Jan 31, 2023 (Gmt+09:00)
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Business & Politics
Korea boosts energy cooperation with natural resource-rich W.Australia
South Korea has boosted its energy cooperation with Western Australia, the biggest of Australia's six states and packed with natural resources.Minis...
Jan 31, 2023 (Gmt+09:00)
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ESG
Hanwha Solutions, SKS Credit propel to build eco-friendly data center
Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...
Jan 30, 2023 (Gmt+09:00)
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Perspectives
Korea’s nuclear power: Ample export opportunities ahead
The recent energy crisis dealt a particularly hard blow to Europe given its heavy dependency on Russian gas. The world was once again awakened to th...
Jan 30, 2023 (Gmt+09:00)
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Batteries
LG Energy to raise capex by 50% in bet on strong EV growth
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...
Jan 27, 2023 (Gmt+09:00)
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Energy
Hanwha Solutions, Microsoft sign solar energy partnership in US
Hanwha Solutions Corp., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Thursday it has formed a strategi...
Jan 26, 2023 (Gmt+09:00)
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Batteries
LG Energy partners with Seoul Nat'l Univ. for battery technology
South Korea's No. 1 secondary battery maker LG Energy Solution Ltd. and Seoul National University on Friday signed an agreement to establish an indu...
Jan 20, 2023 (Gmt+09:00)
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Energy
DL E&C, Doosan to invest $25 mn in SMR developer X-Energy
South Korea’s DL E&C Co. and Doosan Enerbility Co. will invest a combined $25 million in X-Energy Reactor Co., a US-based small modular re...
Jan 18, 2023 (Gmt+09:00)
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Electric vehicles
SK E&S moves into EV charging market
South Korea's liquefied petroleum gas supplier SK E&S said on Wednesday that its subsidiary Parking Cloud will begin electric vehicle charging s...
Jan 18, 2023 (Gmt+09:00)
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Future mobility
SK Innovation-invested Amogy tests ammonia-powered heavy truck
Amogy Inc. has successfully tested its ammonia-hydrogen power system for large-size semi trucks – the first time that ammonia has been used as...
Jan 18, 2023 (Gmt+09:00)
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Batteries
Hanwha, LG Energy team up for US battery production
South Korea’s Hanwha Group will invest in LG Energy Solution Ltd.'s battery production lines for energy storage systems (ESS) in the US, some ...
Jan 16, 2023 (Gmt+09:00)
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Batteries
LG Energy, Honda to build $4.4 billion battery plant in Ohio
LG Energy Solution Ltd. and Honda Motor Co. have launched their first US joint venture to build an electric vehicle battery plant in Ohio, LG said o...
Jan 13, 2023 (Gmt+09:00)
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Electric vehicles
SK Energy teams up with state-run power supplier for EV charging station
SK Energy, a major South Korean oil refiner, teamed up with Korea Hydro & Nuclear Power Co. (KHNP) to install electric vehicle (EV) and hydrogen...
Jan 13, 2023 (Gmt+09:00)
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Energy
Hanwha to build largest US solar energy hub for $2.5 bn
South Korea’s Hanwha Solutions Corp. said on Wednesday that it will invest 3.2 trillion won ($2.5 billion) to build the largest solar energy p...
Jan 11, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix introduces AI solution to semiconductor process
SK Hynix Inc. said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution...
Jan 10, 2023 (Gmt+09:00)
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Chemical Industry
Japanese carmaker adopts metal-replacing plastic from LG Chem
A new engineering plastic made of the compound material LUCON TX5007 and developed by South Korea's LG Chem Ltd. has been applied to the front fende...
Jan 10, 2023 (Gmt+09:00)
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Batteries
Ford in talks with LG Energy for Turkey EV battery plant
Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...
Jan 10, 2023 (Gmt+09:00)
Latest News
- 1 NPS-backed new prime office struggles with poor demand
- 2 Affinity-backed SSG.COM offers first voluntary redundancy
- 3 Lotte to cut basic chemicals in portfolios for profitability
- 4 Young rich Koreans: Financially literate, self-directing
- 5 LG Elec logs record Q2 profit on home appliances, car parts