South Korea unveils energy transition plan: 3x increase in wind, solar to 72 GW by 2038

Image: Shutterstock

South Korea has announced plans to more than triple renewable energy generation as part of national energy transition plan that will see the country generate majority of its electr...

Read More

LG Energy Solution inks estimated $1 bn deal for ESS batteries with Hanwha QCells

A rendition of LG Energy Solution's planned facility in Arizona. Image: LGES

LG Energy Solution Ltd, the world's third-largest battery maker, disclosed it had signed a contract with to supply 4.8 gigawatt-hours (GWh) of energy storage system (ESS) batteries...

Read More

Nexeon breaks ground on silicon anode material production site in South Korea

Source: Nexeon

Developer of silicon-based anode materials for lithium batteries, Nexeon has announced the groundbreaking of its first commercial production facility in Gunsan, Sout...

Read More

SunHydrogen, COTEC step up production of innovative green hydrogen panels

Image for representation purposes only. Source: SunHydrogen

Iowa-based SunHydrogen has initiated the scale-up phase for production of 1m² green hydrogen panels with its industrial partner COTEC from South Korea. The company's brea...

Read More

Bloom Energy, SK ecoplant partner for a major hydrogen demonstration project

Leading solid-oxide electrolyzer (SOEC) technology manufacturer, Bloom Energy on Wednesday announced that it has tied up with SK ecoplant, a subsidiary of South Korean conglomerate...

Read More

South Korea announces $29 billion to help its battery companies 'reduce foreign dependence'

South Korea on Wednesday announced plans to provide $29 billion in financing over the next five years to strengthen its battery industry and reduce reliance on foreign nations for ...

Read More

LGES to supply NCM li-ion modules for ICPT's e-bus battery system

Image: PR Newswire

South Korean battery company LG Energy Solution (LGES) has signed a supply agreement for NCM lithium-ion battery modules with Impact Clean Power Technology (ICPT), a supplier of he...

Read More

Germany's BASF, Korea's SK On agree to jointly evaluate global lithium-ion battery market

A scientist at BASF pours cathode active material paste on aluminum foil. The cast film will then be dried and compacted. Later it will become the cathode, the positive pole of a lithium-ion battery. Image: BASF

German company BASF, a leading global producer of battery materials, has entered in an agreement with leading global electric vehicle battery cell manufacturer SK On. The two compa...

Read More

Renault Korea's Busan plant to make pure-electric Polestar 4 starting 2025

Renault Korea's car assembly in its Busan plant. Source: Jo He-rim/The Korea Herald

Renault Korea Motors (RKM) is enlarging its role as hub for EV exports in South Korea, with its latest agreement with EV manufacturer Polestar and its corporate...

Read More

KG Mobility deepens partnership with BYD for battery packs, hybrid systems

Source: KG Mobility

South Korean automaker KG Mobility (formerly SsangYong Motor Company) has recently signed strategic agreements with the BYD Group for setting up a battery pack factory in...

Read More

Weekend Roundup: China limits graphite exports, Tevva seeks new merger partner, and more

China restricted the export of some graphite products from December, in what is seen as a counter to a US freeze on transfer of semiconductor technology to the Middle Kingdom. Chin...

Read More

No looking back: Energy transition in Japan, South Korea and the Philippines

Image: SMGP

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

Read More

Hyundai, Korea Zinc partner on EV battery materials value chain

The MoU was signed by Heung-soo Kim, Executive Vice President and Head of Global Strategy Office, Hyundai Motor Group and Ki Duk Park, President and Co-CEO of Korea Zinc. Source: Hyundai Motor Group

Hyundai Motor Group has announced the signing of an MoU with Korea Zinc, the leading non-ferrous metal smelting company in South Korea, towards a comprehensive ...

Read More

Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...

Read More

Asia bulks up on gas to strengthen energy security

Asian governments have become wary of a rise in gas prices and are building infrastructure to increase buffer stocks, a review by Reuters shows. The move follows last year's price ...

Read More

Kia steps up its EV strategy; targets 1.6 million EV sales in 2030

South Korean automaker Kia Corporation revealed its updated electrification (EV) strategy at the Kia CEO Investor Day event held in Seoul recently. This includes&nbs...

Read More

Volvo Construction Equipment invest in Battery pack production at South Korea

Volvo Construction Equipment (Volvo CE) has recently announced an investment of SEK 80 million ($ 7.8 million) into battery pack production at its excavator plant in...

Read More

Enapter to supply AEM electrolyzers for 12.5 MW hydrogen pilot in South Korea

Enapter AG has received an order from South Korea for the delivery of two AEM electrolyzers with a total capacity of 2 MW. The systems will be used in a 12.5 MW hydrogen pilot proj...

Read More

Johnson Matthey, Doosan Enerbility to develop H2-fuelled power plants in South Korea

Johnson Sustainable technologies firm Johnson Matthey and Korean heavy industrial firm Doosan Enerbility have signed an agreement to develop hydrogen-fuelled power p...

Read More

Global Progress in 'Green' transition: Japan, China, South Korea

Energy storage solutions, whether applied to the power grid or EVs, make systems more flexible and are suitable for meeting low cost, low carbon electricity demands. Following is a...

Read More

Hyundai Motor Group invests in Korean startup BOS Semiconductors

Hyundai Motor Group has recently announced its investment in BOS (Best of Silicon) Semiconductors, a South Korean startup that designs system-on-chip (SoC) solutions, expecting to ...

Read More

ACWA Power and POSCO Holdings join forces for the development of green H2, green ammonia

ACWA Power has announced that it has signed a memorandum of understanding with POSCO Holdings, the holding company of South Korea's POSCO Group. The agreement will involve the join...

Read More

IESA signs MoU with KOTRA for advancing energy storage and e-mobility in India and S. Korea

India Energy Storage Alliance (IESA), India's leading industry alliance focused on accelerating the adoption of energy storage, e-mobility, green hydrogen, and microgrids ...

Read More
arrow_upward