Tag: doosan enerbility

doosan enerbility

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Strong chip demand, weak won lift Korea Inc.'s Q2 profits

Hanwha Ocean, LG Innotek and other major companies reported sharp earnings gains as chip demand stayed strong and the weak won boosted exporters.

2026.7.27

A rendering of 'Project Matador,' being pushed in Texas by Fermi America. Hyundai Engineering & Construction has signed a design contract for the construction of 4 large reactors under the project and pushes for an engineering, procurement, and construction contract.

Will Korea reap the benefits as Trump powers up $17.5B nuclear energy plans?

Domestic firms are emerging as key U.S. partners for reactor construction as Washington's new support program seeks to make up for years of industry dormancy.

2026.7.7

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How the AI boom is sparking Korea's nuclear revival

The surging demand for electricity — driven by the AI boom — has shed new light on Korea's nuclear industry, with experts viewing recent momentum across the value chain as a sign that the nuclear ecosystem is recovering.

2026.6.22

A technician works at an Amazon Web Services AI data center in New Carlisle, Indiana, Oct. 2, 2025. [REUTERS/YONHAP]

Korean power, battery companies charge ahead on U.S. 'AI energy highway'

Surging power demand from U.S. AI data centers is giving a lift to Korean power and battery companies as U.S. companies accelerate efforts to build an “AI energy highway” to deliver large volumes of electricity directly to data centers at high speed.

2026.3.18

Park Gee-won, chairman of Doosan Enerbility, oversees a full-load performance test of a large gas turbine at the company’s headquarters in Changwon, South Gyeongsang in March 2024. [DOOSAN ENERBILITY]

Doosan's sale of gas turbines to U.S. sign of Korea's engineering competitiveness

Doosan Enerbility is set to export Korea’s first domestically developed gas turbines to the U.S., signaling the company’s entry into one of the world’s most advanced power markets and showcasing Korea's growing technological competitiveness.

2025.10.13

Industry minister nominee Kim Jung-kwan heads to his office for parliamentary confirmation hearing preparations in southern Seoul on June 30. [YONHAP]

Industry minister nominee vows utmost effort to support exports amid trade uncertainties

Industry minister nominee Kim Jung-kwan said Monday he will put in the "utmost" effort to safeguard "national interests" in Korea's tariff negotiations with the United States.

2025.6.30

Representatives from Doosan Enerbility and Petrovietnam, formally the Vietnam National Industry - Energy Group, pose for a photo during a signing ceremony for the O Mon 4 gas-fired power plant on June 9. [DOOSAN ENERBILITY]

Doosan Enerbility inks $664M Petrovietnam power plant deal

Doosan Enerbility has secured a 900 billion won contract to build a gas-fired power plant in Vietnam with Petrovietnam, formally the Vietnam National Industry, the company announced Monday

2025.6.9

Doosan Enerbility secures $248 million in Saudi Arabia power plant deals

Doosan Enerbility signed contracts to supply key equipment for two combined-cycle gas turbine (CCGT) power plant expansion projects in Saudi Arabia, with a combined contract value of approximately 340 billion won ($248 million).

2025.5.27

Doosan Enerbility Chairman Park Gee-won, right, meets with Czech President Petr Pavel at the opening ceremony of the Prague Spring International Music Festival on May 12. [DOOSAN ENERBILITY]

Doosan Skoda Power to serve as official sponsor of Prague music festival

Doosan Enerbility announced Wednesday that its Czech subsidiary, Doosan Skoda Power, will serve as an official sponsor of the Prague Spring International Music Festival, the largest music festival in the Czech Republic.

2025.5.14

An employee inspects rotors at Doosan Skoda Power's turbine manufacturing factory in Plzen, Czech Republic. [JOINT PRESS CORPS]

Doosan Skoda Power plays vital role in global nuclear supply chain

Doosan Skoda Power is a critical player in the global nuclear supply chain — one tied to the elite group of six countries capable of developing and exporting nuclear reactor technology, including Korea.

2025.5.12