New partnership targets large-scale renewable energy projects in South Korea

Diode Ventures and Energy Innovation Partners have teamed up to form The Green Korea, which will finance, build and operate renewable and data infrastructure projects across the country

EU blocks Hyundai and Daewoo shipbuilding merger

The Commission found the merger between the two South Korean shipbuilders would reduce competition in the global market for the construction of large LNG carriers

South Korea to host ‘Asia’s first’ polypropylene plastic waste recycling facility

The plant in Ulsan is expected to have an annual capacity to process 60,000 tons of plastic waste

BayWa r.e. to build floating offshore wind in South Korea

It has signed an agreement with the city of Ulsan to deploy the renewable project across its coast and help boost Korean clean infrastructure

New partnership to scale clean hydrogen and carbon black tech in South Korea

Monolith has developed a process technology that uses 100% renewable energy to convert natural gas into clean hydrogen and a solid carbon material called carbon black, used in the automotive and industrial sectors

South Korea to build huge floating offshore wind farm at East Sea gas field

The £23bn project is forecast to create 210,000 jobs

South Korea’s ‘first’ electric passenger ferry makes a splash

The vessel will carry more than 100 passengers and will enter operation in 2022

South Korean SK Group invests $1.5bn in US hydrogen fuel cell manufacturer Plug Power

SK Group will take a 9.9% stake in Plug Power and together they will form a joint venture to promote hydrogen fuel cell products in Asian markets

South Korea to replace all diesel passenger trains with low carbon high-speed alternatives by 2029

The move is predicted to slash almost 30% of the carbon footprint of the trains used at the moment and reduce greenhouse gas emissions by 70,000 tonnes

South Korea to shift to 40% clean energy share by 2034

The East-Asian country plans to begin to shift away from thermal and nuclear power generation to a larger proportion of renewable energy