South Korea unveils energy transition plan: 3x increase in wind, solar to 72 GW by 2038

Image: Shutterstock

South Korea has announced plans to more than triple renewable energy generation as part of national energy transition plan that will see the country generate majority of its electr...

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LG Energy Solution inks estimated $1 bn deal for ESS batteries with Hanwha QCells

A rendition of LG Energy Solution's planned facility in Arizona. Image: LGES

LG Energy Solution Ltd, the world's third-largest battery maker, disclosed it had signed a contract with to supply 4.8 gigawatt-hours (GWh) of energy storage system (ESS) batteries...

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South Korea announces $29 billion to help its battery companies 'reduce foreign dependence'

South Korea on Wednesday announced plans to provide $29 billion in financing over the next five years to strengthen its battery industry and reduce reliance on foreign nations for ...

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LGES to supply NCM li-ion modules for ICPT's e-bus battery system

Image: PR Newswire

South Korean battery company LG Energy Solution (LGES) has signed a supply agreement for NCM lithium-ion battery modules with Impact Clean Power Technology (ICPT), a supplier of he...

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Germany's BASF, Korea's SK On agree to jointly evaluate global lithium-ion battery market

A scientist at BASF pours cathode active material paste on aluminum foil. The cast film will then be dried and compacted. Later it will become the cathode, the positive pole of a lithium-ion battery. Image: BASF

German company BASF, a leading global producer of battery materials, has entered in an agreement with leading global electric vehicle battery cell manufacturer SK On. The two compa...

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Weekend Roundup: China limits graphite exports, Tevva seeks new merger partner, and more

China restricted the export of some graphite products from December, in what is seen as a counter to a US freeze on transfer of semiconductor technology to the Middle Kingdom. Chin...

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Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...

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Asia bulks up on gas to strengthen energy security

Asian governments have become wary of a rise in gas prices and are building infrastructure to increase buffer stocks, a review by Reuters shows. The move follows last year's price ...

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Global Progress in 'Green' transition: Japan, China, South Korea

Energy storage solutions, whether applied to the power grid or EVs, make systems more flexible and are suitable for meeting low cost, low carbon electricity demands. Following is a...

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ACWA Power and POSCO Holdings join forces for the development of green H2, green ammonia

ACWA Power has announced that it has signed a memorandum of understanding with POSCO Holdings, the holding company of South Korea's POSCO Group. The agreement will involve the join...

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