Tag: South Korea
SAMSUNG E&A wins USD 955M contract in Malaysia
SAMSUNG E&A, a total solutions provider for the global energy industry has secured the contract for a biorefinery that will have the capability to...
SK Gas launches LNG, LPG power plant in Ulsan
SK Gas started operations at Ulsan GPS, a 1.2 GW dual-fuel LNG-LPG power plant, ensuring cost-efficient and stable energy production.
South Korea to build largest hydrogen fuel cell power plant
South Korea is set to construct its largest hydrogen fuel cell power plant, the Gangdong Hydrogen Fuel Cell Power Plant, in Gyeongju, Gyeongsangbuk-do. With an investment of USD 550M, the plant will have a capacity of 107.9 MW, generating electricity for 270,000 households annually. Construction is slated to begin in March 2025, with the plant expected to be operational by March 2028.
The project addresses critical energy deficits in industrial complexes and represents a pivotal move in South Korea’s energy transition.
South Korea revives plans to build two reactors
The Nuclear Safety and Security Commission (NSSC) has granted Korea Hydro & Nuclear Power (KHNP) a construction permit for two new 1.4 GW pressurised...
CS Wind to invest in wind power equipment factory
A South Korean wind turbine manufacturer is planning to build a USD 200M wind power equipment factory in an industrial zone in Long An...
Offshore Oil Engineering to build Posco Gas Project
Offshore Oil Engineering said the Chinese company has scored a USD 523M deal to build the fourth phase of an offshore natural gas project...
South Korea’s KHNP to build Czech nuclear power plant
Korea Hydro & Nuclear Power (KHNP) has been selected by the Czech Government to build two nuclear reactors in the country, marking South Korea’s...
POSCO unveils pilot hydrogen steelmaking plant
South Korea’s largest steelmaker, POSCO, has unveiled a pilot steelmaking plant that runs on hydrogen rather than fossil fuels. This is reported by KED...
Taihan Cable & Solution secures USD 94M contracts
Taihan Cable & Solution, one of South Korea’s largest corporations known for manufacturing electric wires and stainless steel products for electricity and communication, has...
Shell joins forces with HD Hyundai
South Korean shipbuilding conglomerate HD Hyundai has partnered with UK energy major Shell to work on the development of large liquefied hydrogen (LH2) carriers.
As...