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South Korea


Korean Group Buying Renewable Energy Giant in $855M Deal

South Korea-based Hanwha Solutions announced it plans to acquire renewable energy developer RES France in an $855.2 million deal expected to be finalized in the next two months. RES France…


Taean IGCC: Continued Operation, Continued Achievement

Korea Western Power’s Taean Integrated Gasification Combined Cycle (IGCC) Power Plant this year marked 4,000 hours of consecutive accident-free operations, setting a new world record for IGCC power plants. South…


South Korea Eyes First Hydrogen Gas Turbine Demonstration in 2027

Stepping up efforts to develop a hydrogen gas turbine, Doosan Heavy Industries & Construction (DHIC) and a consortium of partners will begin South Korea’s first large-scale hydrogen gas turbine demonstration…


Rosatom Group Building Energy Storage Portfolio

Russia's state-owned nuclear power company Rosatom continues to diversify, as one of the group's subsidiaries has acquired a major stake in a South Korean manufacturer of energy storage products. RENERA…


South Korea Has Plan for $43 Billion Offshore Wind Farm

The South Korean government has announced a major part of the country's effort to reduce reliance on fossil fuels. President Moon Jae-in on Feb. 5 attended a ceremony in which…