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Hanwha Solutions begins syngas production to reduce reliance on foreign products SEOUL -- Hanwha Solutions, a renewable energy service provider affiliated with South Korea's Hanwha Group, has embarked on the commercial production of synthesis gas or known as syngas that has been used to manufacture polyurethane and other materials. The plant would ensure the smooth supply and demand of raw materials for South Korean companies which have relied heavily on imported syngas. Syngas is a fuel gas mixture that can be produced from many sources including n September 15, 2021
SK E&S secures KCE's management rights and 90% stake to bolster ESS business SEOUL -- SK E&S, an energy company affiliated with South Korea's SK Group, secured management rights of Key Capture Energy by acquiring a 95 percent stake in the American developer and operator of energy storage projects and vowed to nurture it as a global leader in the energy solution market. Key Capture Energy (KCE) identifies, develops, constructs and operates energy storage solutions to foster greater deployment of renewable energy. The company aims to have more than September 9, 2021
State power company completes construction of inland wind farm in Jordan SEOUL -- Korea Southern Power, a South Korean state power company specialized in power generation, and DL Energy, a domestic energy infrastructure provider, have completed the construction of an inland wind farm in Jordan, setting a successful example of small and mid-sized companies establishing green energy infrastructure abroad. Korea Southern Power said in a statement on September 8 that the power company and DL Energy have jointly invested a total of 12 September 8, 2021
Austria's AVL ties up with Hyundai shipyard to develop fuel cell for ships SEOUL -- AVL, an Austrian engineering company that provides solutions and methodologies to shape future mobility trends, tied up with South Korea's Hyundai shipbuilding group to develop hydrogen fuel cells for ships by 2025. The partnership comes amid an active campaign by South Korean shipbuilders to take the upper hand in global markets with eco-friendly vessels and smart ship technologies. AVL and the shipbuilding group agreed to develop fuel cells with an output of September 8, 2021
Hyundai shipyard launches joint project to develop liquefied hydrogen fuel tank for ships SEOUL -- South Korea's Hyundai shipbuilding group launched a joint project to develop a liquefied hydrogen fuel tank for ships. The project aims to test-produce a fuel tank for small ships by the end of this year before embarking on the development of tanks for large vessels. The advantage of liquefied hydrogen is its high density compared to compressed gas, which means that more energy can be contained in a given volume for easy transportation. The project involves Korea Shipbuilding & September 6, 2021
[INTERVIEW] Eco-friendly fashion brand Pleats Mama hopes to win over consumers with 'story and design' SEOUL -- As a pioneer in South Korea's eco-friendly fashion industry, Pleats Mama utilizes eco-friendly materials and modern knitting techniques to make bags and accessories with recycled polyester fabric. A favorable response from consumers concerned about climate change and plastic pollution spurred the company's initial fast growth, but high costs and greenwashing are seen as a potential stumbling block. Pleats Mama founder and CEO Wang Jong-mi gave posi September 6, 2021
Hanwha Defense steps up efforts to apply defense technology to civilian eco-friendly ships SEOUL -- As a key defense contractor in South Korea, Hanwha Defense will step up efforts to apply accumulated technology, especially in the field of submarine lithium-ion batteries, to civilian eco-friendly ships in cooperation with a domestic maritime classification society. Hanwha Defense said that it has signed a memorandum of understanding with the Korean Register (KR) for technical cooperation to expand the supply of technologies related to eco-friendly ships September 3, 2021
Design of Hyundai shipbuilding group's ammonia fuel supply system wins approval in principle SEOUL -- The conceptual design of a fuel supply system developed by South Korea's Hyundai shipbuilding group for an ammonia propulsion system has won approval in principle from Korean Register (KR), a domestic maritime classification society. The system has a double leakage prevention system that can completely block even a very small amount of leakage to maintain a high level of safety. The system is a highly efficient eco-frien September 3, 2021
S. Korea's new military buildup program calls for development of powerful ballistic missile SEOUL -- South Korea's defense ministry disclosed plans to develop a strong ballistic missile with significantly increased destructive power, sparking speculation the new weapon would be an enhanced successor to the Hyunmoo-4 missile with a maximum range of 800 kilometers (497 miles) and a warhead weight of two tons. The development of a new ballistic missile was contained in a five-year defense buildup program unveiled on September 2. There have been unconfirmed reports September 2, 2021
Seoul Semiconductor takes over business rights from Japanese partner about new LED technology SEOUL -- Seoul Semiconductor, a developer of light-emitting diodes in South Korea, took over business rights, including patents and trademarks, from its Japanese partner, Toshiba Materials, which has co-developed a new packaged LED technology called Sunlike that produces light with a spectrum similar to sunlight. The transfer of business rights from Toshiba Materials, which manufactures electronic components, will enable stable production and active investmen August 31, 2021