The announcement this week by the Import-Export Bank of South Korea’s (KEXIM) board to delay a $330 million credit facility for the Barossa gas project, citing environmental and legal factors, is big…
World Economic Forum's global initiative the Tree Trillion campaign aims to plant one trillion trees by 2030. The South Korean Forest Service is planning to contribute to this initiative by planting…
South Korea’s National Pension Service, the world’s third-largest retirement fund, “will adopt investment-restriction strategies” for coal-mining and power-generation industries, another sign of…
Odin Energy is lining up projects in Italy and South Korea. Can it find a niche to compete with mainstream wind turbines?
South Korean firm Odin Energy hopes to carve out a new niche with a vertical…
South Korea relies on coal for about 40% of its electricity generation, with renewables making up less than 6%.
South Korea’s president, Moon Jae-in, has declared that the country will go carbon…
BlackRock Inc. has challenged Korea Electric Power Corp. over plans to invest in new coal-fired power plants in Vietnam and Indonesia.
The world’s top asset manager raised concerns over “several…
Corporations around the world use two-thirds of the electricity produced globally.
Meanwhile, here in Korea, companies consume over 50 percent of the electric power generated from coal-fired power…
This new development has brought the country’s cumulative installed solar capacity to more than 9.5 GW. Around 91.5% of the newly installed capacity is represented by PV systems below 1 MW in size.…
The huge floating plant is expected to be located on a water surface close to the Saemangeum, an estuarine tidal flat on the coast of the Yellow Sea. Construction on the facility is planned to start…
South Korea imported one-hundred-forty-three-thousand tons of coffee last year.
That annual figure is estimated at over one-hundred-fifty tons, when also accounting for coffee beans that are brought…
South Korea is seemingly set to require commercial vehicles in the country – including trucks and construction equipment – to use hydrogen fuel-cell drivetrains by 2035.
The move is designed to…
The government last year shelled out 2.6 trillion won ($2.29 billion) in state subsidies for promotion of solar panels and other renewable energy source, up by 530 billion won from a year ago, as a…
IHS Markit’s analysts have mapped out what they are keeping an eye out for in the year ahead. Aside from higher installation figures, the number-crunchers predict a continued battle for multi-…
The latest data released by the Global Wind Energy Council (GWEC) shows Asia-Pacific installed 24.9 GW capacity of onshore wind power in 2018, an increase of 4.2% compared to 2017. The preview data…
Seoul, Korea – 12 corporations, including Samsung Electronics, IKEA Korea and AB InBev, have publicly shown their support for the Right to Renewable Energy Initiative which launched today at the…
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