Country: South Korea

LG Energy Solution to Supply Next-Generation 4695 Cylindrical Batteries to Rivian; 67 Gwh

  Wedoany.com Report-Nov 11, LG Energy Solution Arizona, a fully owned subsidiary of LG Energy Solution, has signed a supply agreement with Rivian. Under the agreement, LG Energy Solution will provi...

2024-11-11

GE Vernova Commissions 1GW Gas-Fired Power Plant in South Korea

Wedoany.com Report-Nov 9, E Vernova announced the start of commercial operation for Tongyeong Eco Power’s Tongyeong combined cycle power plant in Gyeongsangnam-do, South Korea.The new 1GW LNG-fu...

2024-11-09

Korea’s Hydrogen Demand In Mobility Sector Surges Nearly 60 Percent

Wedoany.com Report-Nov 6, Koreas demand for hydrogen in the mobility sector jumped 59 percent through September from a year earlier, data showed Wednesday.The combined consumption of hydrogen in the s...

2024-11-06

Posco Begins Construction Of High-purity Rare Gas Plant

Wedoany.com Report-Nov 5, South Korean steelmaker Posco Group announced Tuesday that its joint venture, Posco Zhongtai Air Solution, has started construction of a high-purity rare gas plant in Gwangya...

2024-11-05

Govt. To Designate 3 Cities As Nation's First 'Hydrogen Complexes'

Wedoany.com Report-Nov 1,The government said Friday it will designate three cities as the nations first hydrogen-specialized complexes and support their growth into hydrogen industry hubs. The designa...

2024-11-01

South Korea Launches 1 Gw Solar Tender

Wedoany.com Report-Oct 31 ,South Korea’s MOTIE has opened a tender for 1 GW of solar. The ministry has released the details of the procurement exercise, with a ceiling price of KRW 157,307/MWh f...

2024-10-31

LG Energy Solution Announces ESS Revenue Growth, New Products

Wedoany.com Report-Oct 29 ,LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, including the esti...

2024-10-29

LG Energy Solution Q3 Profit Slumps But Beats Market Forecasts

Wedoany.com Report-Oct 28, South Korean battery firm LG Energy Solution (LGES) (373220.KS), posted on Monday a 39% drop in quarterly profit, but the result was better than analysts had feared thanks t...

2024-10-28

South Korea Says It May Consider Additional Oil Tax Cut

Wedoany.com Report-Oct 28, South Korea is experiencing minimal economic impact following Israels retaliatory strike on Iran, but may consider a further reduction in fuel oil tax if global market volat...

2024-10-28

South Korea signals support for Kazakhstan’s nuclear power project

Wedoany.com Report-Oct 26,South Korea has expressed readiness to engage in talks with its companies regarding the construction of nuclear power plant in Kazakhstan. The issue was reviewed during Energ...

2024-10-26
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