DAEJEON, Nov. 30 (Korea Bizwire) – In a significant stride towards expanding the global reach of its cutting-edge plasma technology, the Korea Institute of Fusion Energy (KFE) has inked a contract with an American bio-diesel production company. The KFE announced on November 29 that it had entered into an agreement with Plasma Blue, which is based [...]
SEOUL, Nov. 28 (Korea Bizwire) – The ongoing supply disruption of hydrogen for vehicles in central South Korea has gradually eased, and the shortage is expected to be fully resolved by around mid-December, the industry ministry said Tuesday. Hydrogen charging stations in the greater Seoul area, the central Chungcheong Province and the eastern province of [...]
SEJONG, Nov. 24 (Korea Bizwire) — South Korea’s industry ministry said Friday it plans to closely monitor the supply of hydrogen for automobiles amid supply disruptions in the central region. The government hosted a meeting with officials from hydrogen producers, retailers and regional governments to address the ongoing shortage, according to the Ministry of Trade, [...]
SEOUL, Oct. 30 (Korea Bizwire) –The inaugural “hydrogen-powered cleaning vehicle” is set to make its debut in Dongjak-gu, Seoul. Until this point, hydrogen-powered vehicles were primarily limited to passenger cars, buses, and cargo vehicles. However, this marks the first instance where a specialized hydrogen vehicle is designed for waste collection and transportation purposes. These innovative [...]
SEOUL, Oct. 12 (Korea Bizwire) – South Korea’s state-run energy company said Thursday it is taking a step closer to winning a project worth around 2.5 trillion won (US$1.87 billion) to refurbish an aging nuclear reactor in Romania’s Cernavoda power plant through a consortium with Canadian and Italian firms. The Korea Hydro & Nuclear Power [...]
SEOUL, Oct. 8 (Korea Bizwire) – Hyundai Motor Co. said Sunday it showcased a new hydrogen-powered bus, jointly developed with Italian carmaker IVECO Group N.V., at a global bus exhibition. Hyundai Motor and IVECO debuted the E-WAY H2, a new hydrogen-powered fuel cell electric bus, at Busworld 2023 in Brussels, the world’s largest bus exhibition. [...]
SEOUL, Sept. 28 (Korea Bizwire) – South Korea has been elected to the board of governors of the International Atomic Energy Agency (IAEA) to serve for the 2023-2025 period, Seoul’s foreign ministry said Thursday. South Korea has been named as the board member representing the Far East group during the 67th general conference held at [...]
POHANG, Sept. 23 (Korea Bizwire) –The city of Pohang in North Gyeongsang Province is fast-tracking the development of hydrogen refueling stations, which are pivotal to the deployment of hydrogen-powered vehicles. At present, Pohang boasts 36 registered hydrogen passenger cars, but due to the absence of charging stations, these vehicles must be charged in other areas [...]
WASHINGTON, Sept. 19 (Korea Bizwire) – A U.S. energy firm said Tuesday it will appeal a district court’s decision earlier this week to dismiss its lawsuit filed to stop two South Korean state-run companies from exporting nuclear power plants. On Monday, the District Court for the District of Columbia rejected the complaint that Westinghouse Electric [...]
WASHINGTON, Sept. 18 (Korea Bizwire) — A U.S. district court on Monday dismissed a lawsuit that an American energy firm filed to stop two South Korean state-run companies from exporting nuclear power plants, determining it is not qualified to take the legal move. The District Court for the District of Columbia rejected the complaint that [...]