Jeong Dae-jin, Korea’s Deputy Minister for Trade, said that India and Korea have huge potential for cooperation in the clean energy sector. There is huge potential for cooperation between India and Korea in the clean energy sector for realising carbon neutrality, Korea’s Deputy Minister for Trade Jeong Dae-jin said on Thursday. He also said that […]
Gwangju Institute of Science and Technology Researchers Pave the Way for Large-scale, Efficient Organic Solar Cells with Water Treatment – EQ Mag Pro
Using water for morphology control of active layer thin films, researchers develop large-area, high-performance organic solar cells Organic solar cells (OSCs) are attractive owing to their lightweight, flexibility, and high power conversion efficiency. However, a lack of morphology control of the active layer makes it challenging to develop OSCs with large active areas. Now, researchers […]
Hanwha To Build 1.4 GW Module Facility In US & Expand Cell Capacity In Korea – EQ Mag Pro
Hanwha has announced plans to invest $320 million in expanding its US and South Korean manufacturing capacity In the US, it will build 1.4 GW module fab worth $170 million targeting a completion timeline of H1/2023 In South Korea, it will invest $150 million to expand its overall cell manufacturing to a total of 5.4 […]
Giant Floating Solar Flowers Offer Hope for Coal-Addicted Korea – EQ Mag Pro
More than 92,000 solar panels in the shape of plum blossoms, floating on the surface of a reservoir in South Korea, offer a vision of how land-scarce developed nations can overcome local resistance to giant renewable-energy projects. The 17 giant flowers on the 12-mile-long reservoir in the southern county of Hapcheon are able to generate […]
Korea to Build Five Hydrogen Clusters With W1.2tr – EQ Mag Pro
Prime Minister Chung Sye-kyun, second from right, looks at a model of a hydrogen plant at the factory of SK Incheon Petrochem on March 2, with SK Chairman Chey Tae-won, first from right, and Hyundai Motor Chairman Chung Euisun, third from right. South Korea will spend 1.27 trillion won ($1.07 billion) to establish five hydrogen […]
Korea Midland Power’s Texas Solar Project
White & Case LLP has advised Korea Midland Power Co., Ltd., a Korean corporation (KOMIPO), and its affiliated US subsidiaries on its Texas solar project. The transactions included (i) an acquisition by KOMIPO of a proposed 130 MW-ac solar energy project located in Frio County, Texas (the Project) from an affiliate of 7X Energy, Inc.; […]
BlackRock going after green infrastructure-focused IGIS PE in Korea
Multinational asset managing behemoth BlackRock is after Korea-based IGIS Private Equity Fund (IGIS PE) for its strength in offshore wind and solar power infrastructures. BlackRock is said to be in the final stage of negotiation to take over IGIS PE’s stake from its IGIS Asset Management and its affiliates, according to industry sources on Sunday. […]
Korea Backs African Energy With AfDB Financing
South Korea will provide $600 million to co-finance energy projects in Africa, alongside the African Development Bank (AfDB). The AfDB has provided support for Egypt’s electricity sector The agreement was reached with the Korean Ministry of Economy and Finance and the Export-Import Bank of Korea. The support will run for five years. The Korea-Africa Energy […]
Korea Far Behind World Average in Renewable Energy
SEJONG : South Korea was found to have fallen far short of the world average in renewable energy use, amid a global ramp-up in efforts to attain carbon neutrality by 2050. The world economies’ average in the percentage of renewable energy of the total energy supply reached 13.51 percent, according to the Organization for Economic […]
Korea Midland Power Acquires Texas Solar Project
130MWac Elara Energy Project expected to reach full commercial operation in Q4 2021 Texas-based utility-scale solar developer 7X Energy has sold its 130MWac Elara Energy Project to KOMIPO America, a subsidiary of Korea Midland Power, in the latest move by Korean investors into the US renewable energy sector. Elara, located in Frio County, Texas, is […]