Energy
Energy
LS Cable breaks ground on $681 mn underwater cable plant in Chesapeake
Apr 29, 2025 (Gmt+09:00)
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Energy
South Korea nears Czech nuclear deal; Doosan, related stocks fly high
South Korea’s nuclear energy stocks surged this week as momentum builds around a landmark nuclear power project in the Czech Republic, with inv...
Apr 25, 2025 (Gmt+09:00)
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Batteries
LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe
LG Energy Solution Ltd. has secured a string of billion-dollar energy storage system (ESS) deals in Japan and Europe, outmaneuvering Chinese rivals i...
Apr 15, 2025 (Gmt+09:00)
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Business & Politics
S.Korea's Han, Trump discuss transactional diplomacy in 1st direct talks
South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mut...
Apr 09, 2025 (Gmt+09:00)
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Energy
Alaska governor seeks Korean partners for $44 bn LNG project
Alaska Governor Mike Dunleavy arrived in South Korea on Monday to hold a series of one-on-one meetings with top executives from Korean energy and ste...
Mar 25, 2025 (Gmt+09:00)
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Energy
OCI to build $265 mn solar cell plant in Texas, expects $80 mn tax credit
South Korean solar cell company OCI Holdings Co. said on Thursday it will build a solar cell manufacturing plant in Texas through its US subsidiary M...
Mar 20, 2025 (Gmt+09:00)
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Energy
Doosan Enerbility wins $1.5 bn in orders from Saudi Arabia
Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 bi...
Mar 13, 2025 (Gmt+09:00)
1 Min read -
Energy
HD Hyundai, TerraPower to commercialize next-gen SMR
South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture fi...
Mar 12, 2025 (Gmt+09:00)
2 Min read -
Energy
Trump-driven energy boom spurs Korean firms to hike US gas investments
WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drillin...
Mar 10, 2025 (Gmt+09:00)
4 Min read -
Business & Politics
Trump says Korea interested in Alaska gas project; Korean firms skeptical
South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump sa...
Mar 05, 2025 (Gmt+09:00)
3 Min read -
Energy
Doosan Enerbility bags $200 mn Qatar power plant EPC deal
Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortium...
Mar 05, 2025 (Gmt+09:00)
1 Min read -
Energy
Hyosung to double transformer output to conquer US market
MEMPHIS, Tenn. -- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual ...
Mar 03, 2025 (Gmt+09:00)
3 Min read -
Energy
Korea’s OCI, Israel’s Arava Power to jointly build solar cell plant in Texas
OCI Energy Co., a US subsidiary of South Korea’s OCI Holdings Co., and Israel’s Arava Power will jointly build a solar cell power plant i...
Feb 25, 2025 (Gmt+09:00)
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Energy
SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell
SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business ...
Feb 23, 2025 (Gmt+09:00)
3 Min read -
Shipping & Shipbuilding
HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era
While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a ...
Feb 05, 2025 (Gmt+09:00)
3 Min read -
Energy
Hanwha, LG join hands to take on Tesla with solar energy package
LG and Hanwha groups will join forces to develop and sell solar energy devices as a package to challenge Tesla Inc., the leader in the solar energy p...
Feb 03, 2025 (Gmt+09:00)
2 Min read -
Energy
South Korean oil refiners to jointly build SAF plant
South Korea’s four major oil refining companies will jointly build a sustainable aviation fuel (SAF) plant in the country, for which the govern...
Jan 24, 2025 (Gmt+09:00)
2 Min read -
Energy
Hanwha Q Cells sells two solar power plant projects in US
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold its two large-scale solar...
Jan 22, 2025 (Gmt+09:00)
1 Min read -
Energy
HD Hyundai Electric to invest $274 mn in transformer output ramp-ups
HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 bil...
Jan 19, 2025 (Gmt+09:00)
3 Min read -
Energy
KHNP, Westinghouse end legal dispute; Korea nears Czech nuclear deal
South Korea's state-run Korea Hydro & Nuclear Power Co. (KHNP) said on Friday it has reached an agreement with US-based Westinghouse Electric Co....
Jan 17, 2025 (Gmt+09:00)
3 Min read -
Energy
SK Energy, Korea’s first refiner to export sustainable aviation fuel to Europe
SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, w...
Jan 05, 2025 (Gmt+09:00)
2 Min read -
Energy
Hanwha to exit from polysilicon business in US
Hanwha Solutions Corp., the energy unit of South Korea’s chemicals-to-financial conglomerate Hanwha Group, will likely withdraw from the polysi...
Jan 03, 2025 (Gmt+09:00)
3 Min read -
Shipping & Shipbuilding
Hanwha Ocean, another Korean shipbuilder win $951 million WTIV deals
Hanwha Ocean Co. and another major South Korean shipbuilder have won deals worth a combined 1.4 trillion won ($951 million) to each build a wind turb...
Dec 30, 2024 (Gmt+09:00)
2 Min read -
Energy
LG Energy wins 7.5GWh ESS project from Excelsior Energy in US
LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior Energy Capital (Excelsior) to supply a 7.5-gigawatt ...
Dec 20, 2024 (Gmt+09:00)
2 Min read -
Energy
KEPCO expects all-time high $207 mn in 2024 overseas investment returns
Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks t...
Dec 20, 2024 (Gmt+09:00)
2 Min read -
Energy
Korea bags Romanian project to refurbish nuclear reactor
Korea Hydro & Nuclear Power Co. (KHNP) on Thursday inked a final agreement with Romania’s Societatea Nationala Nuclearelectrica (SNN) to re...
Dec 19, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility to supply TerraPower's SMR equipment
South Korea's Doosan Enerbility Co. said on Thursday it signed a contract with TerraPower to supply the equipments for small modular reactor (SMR).Te...
Dec 19, 2024 (Gmt+09:00)
1 Min read -
Energy
China’s Mingyang to foray into Korean wind turbine market with Unison
China’s Mingyang Smart Energy, one of the top five global wind turbine suppliers, is gearing up for its advance into South Korea’s wind t...
Dec 11, 2024 (Gmt+09:00)
5 Min read -
Energy
Korea’s OCI, US partner CPS Energy sign 20-year energy storage deal
South Korean solar cell company OCI Holdings Co. said on Tuesday it has signed a deal with US power supplier CPS Energy to jointly build a 120-megawa...
Dec 10, 2024 (Gmt+09:00)
1 Min read -
Energy
Samsung C&T, Hitachi Energy to team up for HVDC projects
South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-volt...
Dec 09, 2024 (Gmt+09:00)
1 Min read
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