News from Korea, Republic of
South Korea Favors Domestic Turbines: 689 MW of Offshore Wind Capacity Awarded - Government Applies Security and Supply Chain Assessment for the First Time
09 Sep 2025 08:38 | Seoul (South Korea) - In the first half of 2025, offshore wind energy projects with a total capacity of 689 megawatts (MW) were awarded in South Korea through the newly established public-led tender market. On September 1, the Ministry of Trade, Industry and Energy (MOTIE), together with the Korea Energy Agency (KEA), confirmed the results and informed the successful bidders. read more...
Joint Battery Plant Planned: Samsung SDI And General Motors Establish Battery Joint Venture in The USA
29 Aug 2024 08:20 | Seoul, South Korea - Korean technology group Samsung SDI has finalized and signed an agreement with General Motors (GM) to establish a joint venture to supply electric vehicle (EV) batteries in the United States. The ceremony took place at Samsung SDI's Seoul office. It was attended by key executives from both companies, including Samsung SDI CEO Yoon-ho Choi. read more...
Floating Offshore Wind Industry: Principle Power Signs Memorandum of Understanding For Series Production of Floating Wind Foundations
27 Jun 2024 11:20 | Emeryville, USA - US-based Principle Power has signed a non-exclusive Memorandum of Understanding (MoU) with HSG Sungdong, a Korean company specializing in shipbuilding and offshore wind, to collaborate on engineering developments for the mass production and assembly of Principle Power's patented WindFloat® technology. read more...
Ørsted Targets South Korea’s Offshore Wind Energy Market
27 Nov 2020 11:04 | Fredericia, Denmark - The Danish energy company Ørsted announced its intention to develop South Korean offshore wind projects with a potential capacity of up to 1.6 GW off the coast of Incheon City. read more...
Internationalisation: VSB Group successful market entry in South Korea
17 Dec 2019 08:59 | Dresden, Germany / Seoul, South Korea - South Korea has set itself the goal of increasing the share of renewable energies from the current 7 % to 35 % by 2040. So far, South Korea has primarily met its energy needs through energy imports. read more...
Grid Stabilization: WindGuard Certification and Plaspo Sign MoU
25 Nov 2019 11:43 | Varel, Germany - The South Korean power converter manufacturer Plaspo and WindGuard Certification GmbH have signed a Memorandum of Understanding (MoU). read more...
KNOC and Equinor Sign MOU for Commercial Floating Wind Farm
20 Feb 2019 10:33 | Stavanger, Norway - Korea National Oil Corporation (KNOC) and Equinor ASA have signed a Memorandum of Understanding to jointly explore the opportunities to develop commercial floating offshore wind in South Korea. read more...
Sunrun and LG Chem Announce US Partnership for Energy Storage
26 Oct 2016 16:35 | San Francisco - Sunrun Inc. , a residential solar company in the United States, and LG Chem, a leading global manufacturer of advanced batteries, announced a partnership to launch LG Chem read more...
New Membrane as Key Component For Energy Storage Technology
02 Aug 2016 09:27 | Aachen, Germany/Seoul - Storing fluctuating and delivering stable electric power supply are central issues when using energy from solar plants or wind power stations. read more...
NREL Reveals Potential for Capturing Waste Heat via Nanotubes
15 Apr 2016 12:33 | Golden, USA - A finely tuned carbon nanotube thin film has the potential to act as a thermoelectric power generator that captures and uses waste heat, according to researchers at the Energy Department's National Renewable Energy Laboratory (NREL). read more...
