South Korea
The vessel will carry more than 100 passengers and will enter operation in 2022
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
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
The East-Asian country plans to begin to shift away from thermal and nuclear power generation to a larger proportion of renewable energy
In 2019, the three nations collectively imported nearly 51% of global LNG supplies
The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area
Equinor, Korea National Oil Corporation and Korea East-West Power have formed a consortium for the project
New research suggests solar combined with battery storage as well as peaking capacity requirements are driving increased procurement
It has partnered with Korea National Oil Corporation (KNOC) to jointly explore opportunities
The government also plans to promote the data and artificial intelligence economy
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