hanwha sks credit renewable energy
Scope
Date
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Batteries
Korean battery players LG, Samsung, SK sweep US EV tax credits
It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...
Apr 19, 2023 (Gmt+09:00)
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Real estate
Specialty income by preferred securities, commercial MBS
With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...
Apr 17, 2023 (Gmt+09:00)
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Electronics
LS Electric to display smart energy solutions in Germany
LS Electric Co., South Korean manufacturer of power and industrial automation equipment, announced on Monday that it will participate in the Hannove...
Apr 17, 2023 (Gmt+09:00)
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Carbon neutrality
SK Siltron gets 20% of electricity from renewable energy
South Korea’s SK Siltron on Sunday said it procured 19.5% of the electricity it used last year from renewable energy. “In 2020, we were...
Apr 17, 2023 (Gmt+09:00)
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Business & Politics
S.Korea, Kazakhstan to expand cooperation on mineral resource
South Korea's Minister of Trade, Industry and Energy Lee Chang-yang and Kazakhstan's first deputy prime minister Roman Sklyar, held a meeting in Seo...
Apr 14, 2023 (Gmt+09:00)
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Corporate strategy
POSCO International to transform into green company by 2030
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., on Thursday unvei...
Apr 13, 2023 (Gmt+09:00)
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Korean chipmakers
Korea must nurture chip materials, parts, facilities: Jusung
South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...
Apr 13, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to strengthen cooperation with Portugal in renewable energy
South Korea’s the Trade, Industry and Energy Minister Lee Chang-yang participated on Wednesday in The Korean-Portuguese Business Forum at the ...
Apr 12, 2023 (Gmt+09:00)
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Energy
Hanwha heir apparent named senior advisor at US energy investor
Hanwha Group Vice Chairman Kim Dong-kwan, the heir apparent of the South Korean energy-to-defense conglomerate, has been named a senior advisor at S...
Apr 11, 2023 (Gmt+09:00)
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Energy
Korea Coal Corp. to sell Mongolian mine amid energy resource boom
Korea Coal Corporation, a South Korean state-owned firm, is preparing to sell its Khotgor Shanaga coal mine in Mongolia, which it acquired in 2010...
Apr 10, 2023 (Gmt+09:00)
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Leadership & Management
LG tops in market cap gain, beating Samsung, SK, Hyundai Motor
The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...
Apr 10, 2023 (Gmt+09:00)
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Hydrogen economy
SK Energy opens S.Korea's first hydrogen charging station for large trucks
SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...
Apr 10, 2023 (Gmt+09:00)
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Energy
Hanwha inks largest supply deal for US community solar biz
South Korea’s Hanwha Solutions Corp. is set to sell 2.5 million modules to US community solar programs through the largest-ever supply deal fo...
Apr 07, 2023 (Gmt+09:00)
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Earnings
LG Energy’s Q1 profit soars on gains from US battery tax credits
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...
Apr 07, 2023 (Gmt+09:00)
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Chemical Industry
Hanwha Solutions signs MOU with 7 companies for bio PVC biz
Hanwha Solutions Corp., a South Korean petrochemical company, is partnering with domestic polyvinyl chloride (PVC) companies to promote the commerci...
Apr 06, 2023 (Gmt+09:00)
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Batteries
LG Energy to secure lithium hydroxide in Morocco
South Korean battery maker LG Energy Solution Ltd. will secure a key battery material in Morocco to strengthen its battery supply chain. LG Energy ...
Apr 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to focus on secondary batteries, lunar landing vehicles
The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...
Apr 04, 2023 (Gmt+09:00)
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Batteries
LS Electric wins order $94 mn for energy storage system in UK
LS Electric Co. announced on Tuesday that it has secured a contract for a £73.6 million ($93.5 million) energy storage system (ESS) project in...
Apr 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s Chung urges US operations to double down after record Q1
Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...
Apr 04, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...
Apr 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha's takeover of DSME likely to get conditional approval
South Korea's Fair Trade Commission (FTC) on Monday said it is discussing corrective measures with Hanwha Group over fears that the conglomerate's a...
Apr 04, 2023 (Gmt+09:00)
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Batteries
LG Energy tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...
Apr 03, 2023 (Gmt+09:00)
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IPOs
Energy storage devices firm LS Materials launches IPO process
South Korea’s energy storage devices maker LS Materials Co. began the process for an initial public offering later this year as it aims to dev...
Apr 03, 2023 (Gmt+09:00)
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Carbon neutrality
POSCO pursues future energy cooperation with Malaysia's Petronas
South Korea’s POSCO Group on Sunday said its Chairman Choi Jeong-woo and Petronas Group of Malaysia CEO Tengku Muhammad Taufik in Kuala Lumpur...
Apr 03, 2023 (Gmt+09:00)
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Retail
Rolex resale prices tumble as the wealthy young tighten belts
The most sought-after luxury items such as Rolex watches and Chanel bags are selling at a much lower premium, or even below their original prices in...
Mar 31, 2023 (Gmt+09:00)
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Fintech
KB Securities signs MOU with Korea East-West Power, Hikive
KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a ...
Mar 30, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha Vision participates in Asia's largest integrated security expo
Hanwha Vision (formerly known as Hanwha Techwin) announced on Thursday its participation in SECON 2023, the largest integrated security exhibition i...
Mar 30, 2023 (Gmt+09:00)
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Insurance
Hanwha Life acquires Indonesia's Lippo General Insurance
South Korea's Hanwha Life Insurance said on Thursday that it has acquired a 62.6% stake in Indonesian insurer Lippo General Insurance, in collaborat...
Mar 30, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz
South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...
Mar 28, 2023 (Gmt+09:00)
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Energy
SK Energy wins first place in K-BPI gas station sector in Korea
SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...
Mar 27, 2023 (Gmt+09:00)