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South Korea Elected to Serve on IAEA Board for 2023-2025 Term

South Korea Elected to Serve on IAEA Board for 2023-2025 Term

SEOUL, Sept. 28 (Korea Bizwire) – South Korea has been elected to the board of governors of the International Atomic Energy Agency (IAEA) to serve for the 2023-2025 period, Seoul’s foreign ministry said Thursday. South Korea has been named as the board member representing the Far East group during the 67th general conference held at [...]

Pohang Accelerates Hydrogen Infrastructure Development for Green Vehicle Revolution

Pohang Accelerates Hydrogen Infrastructure Development for Green Vehicle Revolution

POHANG, Sept. 23 (Korea Bizwire) –The city of Pohang in North Gyeongsang Province is fast-tracking the development of hydrogen refueling stations, which are pivotal to the deployment of hydrogen-powered vehicles. At present, Pohang boasts 36 registered hydrogen passenger cars, but due to the absence of charging stations, these vehicles must be charged in other areas [...]

U.S. Energy Firm to Appeal Court Decision in Favor of KEPCO, KHNP over Nuclear Reactor Exports

U.S. Energy Firm to Appeal Court Decision in Favor of KEPCO, KHNP over Nuclear Reactor Exports

WASHINGTON, Sept. 19 (Korea Bizwire) – A U.S. energy firm said Tuesday it will appeal a district court’s decision earlier this week to dismiss its lawsuit filed to stop two South Korean state-run companies from exporting nuclear power plants. On Monday, the District Court for the District of Columbia rejected the complaint that Westinghouse Electric [...]

U.S. Court Rules in Favor of KEPCO, KHNP Over Nuclear Reactor Exports

U.S. Court Rules in Favor of KEPCO, KHNP Over Nuclear Reactor Exports

WASHINGTON, Sept. 18 (Korea Bizwire) — A U.S. district court on Monday dismissed a lawsuit that an American energy firm filed to stop two South Korean state-run companies from exporting nuclear power plants, determining it is not qualified to take the legal move. The District Court for the District of Columbia rejected the complaint that [...]

Samsung C&T Inks Deal to Sell Solar Farms, ESSs in Texas

Samsung C&T Inks Deal to Sell Solar Farms, ESSs in Texas

SEOUL, Sept. 14 (Korea Bizwire) — Samsung C&T Corp., South Korea’s top builder, said Thursday it has signed a deal with a U.S. renewable energy firm to sell 15 photovoltaic power stations and energy storage systems (ESSs) under construction in Texas. The deal calls for Samsung C&T Renewables, an American unit of the builder’s trading [...]

Hyundai E&C Signs Deals on Nuclear Power, Infrastructure in Poland

Hyundai E&C Signs Deals on Nuclear Power, Infrastructure in Poland

SEOUL, Sept. 14 (Korea Bizwire) — Hyundai Engineering & Construction Co. (Hyundai E&C) said Thursday it has signed a series of partnership deals with Polish institutions and builders in an effort to tap the country’s nuclear power and infrastructure markets. Hyundai E&C, South Korea’s No. 2 builder, said it inked a memorandum of understanding (MOU) [...]

Zero-Emission Hydrogen Facility Opens at Seongnam Water Treatment Plant

Zero-Emission Hydrogen Facility Opens at Seongnam Water Treatment Plant

  SEOUL, Sept. 13 (Korea Bizwire) — A new facility that creates hydrogen without releasing harmful greenhouse gases has been constructed at the Seongnam Metropolitan Water Purification Plant. On Wednesday, the Ministry of Environment and the Korea Water Resources Corp. announced that they will hold a ceremony on September 14 to celebrate the completion of [...]

SK ecoplant Secures Wind Power Site for Green Hydrogen Project in Canada

SK ecoplant Secures Wind Power Site for Green Hydrogen Project in Canada

SEOUL, Sept. 4 (Korea Bizwire) – South Korean builder SK ecoplant Co. said Sunday that the Canadian green hydrogen project Nujio’qonik, in which it holds a stake, has received approval from the Canadian provincial government of Newfoundland and Labrador to utilize state-owned land for wind power generation. Canadian firm World Energy GH2 Inc., a leading [...]

Gyeonggi Province to Establish Compact Hydrogen City

Gyeonggi Province to Establish Compact Hydrogen City

SUWON, Sept. 1 (Korea Bizwire) — The Gyeonggi provincial government said Thursday it will establish a compact hydrogen city, aiming to achieve carbon neutrality while boosting the local economy. The provincial government intends to issue a public invitation to cities and counties, urging their participation in the hydrogen energy self-sufficiency city project. This call for [...]

POSCO E&C Inks MOU with Norwegian Firm on Offshore Wind Farm

POSCO E&C Inks MOU with Norwegian Firm on Offshore Wind Farm

SEOUL, Aug. 24 (Korea Bizwire) — South Korean builder POSCO E&C Co. said Thursday it has signed an initial agreement with Norway’s state energy firm Equinor on cooperation in a massive floating wind farm project off the southeastern port of Ulsan. The memorandum of understanding (MOU) calls for bilateral collaboration in the construction and development [...]