Korean energy giant plugs $2.2bn into Hungarian battery plant

The 30GWh factory will cater for expected demand for batteries in Europe

Hyundai to manufacture fuel cells systems in China

It will be the company’s first fuel cell production base outside Korea, manufacturing the same proven fuel cell systems used for its NEXO fuel cell electric SUV

Lithium-ion battery units
China conquers top spot in lithium-ion battery supply chain ranking

The country has control of 80% of the world’s raw material refining, according to BNEF’s ranking

Total to co-develop 2.3GW floating offshore wind portfolio in Korea

Five projects aim to support South Korea’s renewable energy target of reaching 12GW of offshore wind by 2030

Korea’s floating wind farm drifts into sight

The 500MW facility will be installed off the coast of Ulsan Metropolitan City

Korea ‘must accelerate green growth reforms’

Korea needs to accelerate its green growth reforms to temper the negative legacy of a decade of growth. That’s according to a new report from the Organisation for Economic Co-operation and Development (OECD), which says the nation needs to slash its high levels of energy use, resource consumption, greenhouse gas emissions and air pollution. With […]

UN-Korea announce training for climate action transparency

A new professional training programme on the transparency of climate action and support has been launched. The UN Framework Convention on Climate Change (UNFCCC) and the Republic of Korea Greenhouse Gas Centre have signed a Memorandum of Understanding to provide professional training on greenhouse gas (GHG) inventories to national experts from developing countries. GHG inventories […]

Energy chiefs of the future to meet in Korea

The energy industry constantly bemoans the lack of young talent around – so it might be a surprise to hear the next generation of energy sector leaders are about to gather in Korea. Part of the Future Energy Leaders Programme (FELP), 100 delegates from 44 countries have been selected to take part, including 20 from […]

Korean firm to build solar plant in Pakistan

A Korean energy firm has signed an agreement to install a 300MW solar power plant in Pakistan. The project, which will be built by CK Solar Korea, is expected to cost around $900 million (£595.5m) and will be completed by 2016. The Government of the Balochistan province is believed to have leased 1,500 acres of […]

Asia ‘needs to untie gas from oil prices’

Asia needs to untie its gas costs from the price of oil to get more “competitiveness”, according to the International Energy Agency. The region is expected to become the second largest gas market in the world by 2015 but it faces challenges to get there, according to the group’s latest report. One problem is the […]