Tag: Renewable energy

Renewable energy

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HD Construction Equipment to double renewable energy use at Incheon plant by 2027

Power purchase deals will raise the rate of renewable electricity at HD Construction Equipment’s Incheon plant to 43.9 percent by next year, a major step toward its 2040 RE100 goal.

2026.8.6

DP weighs building new nuclear plants to power AI, chip ambitions

Korea’s ruling party is considering adding nuclear options to support its flagship semiconductor, data center and physical AI projects given the longer timeline required for renewables.

2026.7.13

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Hanwha Qcells to build a supersized renewable energy park in U.S.

The company will build and supply solar modules for one of the largest U.S. renewable energy complexes, strengthening its North American footprint.

2026.7.10

GS E&C bets big on renewables in $2 billion project with I Squared Capital

The two companies formed a joint venture to build 1.5 gigawatts of solar and battery storage capacity in Korea by 2035.

2026.6.22

Can renewables power Korea’s AI ambitions? (KOR)

A string of energy storage fires and grid limits is fueling debate over whether solar and wind can support Korea’s push to lead in AI, chips and clean energy.

2026.6.8

Can renewables power Korea’s AI ambitions?

A string of energy storage fires and grid limits is fueling debate over whether solar and wind can support Korea’s push to lead in AI, chips and clean energy.

2026.6.7

A solar power complex in Gunsan, North Jeolla, as seen on Oct. 30, 2018. [YONHAP]

Korea to build at least 10 solar power complexes by 2030 to expand renewable energy capacity

The government will create at least 10 massive solar power complexes in the central and eastern regions in a bid to expand Korea's renewable energy capacity to 100 gigawatts (GW) by 2030, the climate ministry said Tuesday.

2026.5.19

Budget Minister Park Hong-keun speaks during a meeting between domestic solar cell manufacturers and local government officials at the Hanwha Qcells plant in Jincheon County, North Chungcheong, on May 8. [MINISTRY OF PLANNING AND BUDGET]

Budget minister emphasizes need for renewable energy support, signals inclusion in next year's budget

Budget Minister Park Hong-keun on Friday emphasized greater budgetary support for local renewable energy companies to help them strengthen their competitiveness worldwide.

2026.5.8

Minister of Climate, Energy and Environment Kim Sung-whan speaks during an interview on the sidelines of the United Nations Framework Convention on Climate Change's Climate Week and Korea's Green Transformation Week in Yeosu, South Jeolla, on April 20. [MINISTRY OF CLIMATE, ENERGY AND ENVIRONMENT]

Korea must not stall green shift or ‘China will seize the market': Climate minister

Though wars and geopolitical upheavals are stalling the “green transition,” Minister of Climate, Energy and Environment Kim Sung-whan warns that if Korea hesitates to make the shift, “China will seize the market.”

2026.4.21

Doosan Enerbility's wind power facility on July 23, 2025 [YONHAP]

Gov't targets 20% of power generation through renewable energy by 2030

Korea is targeting at least 20 percent of power generation from renewable energy by 2030 in a bid to lower its heavy reliance on energy imports and respond to growing power demand.

2026.4.6