renewable energy investments
Scope
Date
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Batteries
LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023
LG Energy Solution Ltd. and SK On Co. will showcase their lithium iron phosphate (LFP) battery prototypes next week, as the two South Korean battery...
Mar 09, 2023 (Gmt+09:00)
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Venture capital
SK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...
Mar 09, 2023 (Gmt+09:00)
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Electronics
LG ups ante to counter Samsung's OLED TV return; expects profit in Q1
LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to maintain its supremacy in ...
Mar 09, 2023 (Gmt+09:00)
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Business & Politics
Yoon’s US visit to test Biden’s trust as ally over chip, battery issues
South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...
Mar 08, 2023 (Gmt+09:00)
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Economy
S.Korea pledges steps to attract more foreign investment
South Korea will boost foreign investment in the country through increased incentives and deregulation, Finance Minister and Deputy Prime Minister C...
Mar 08, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells jumps into distributed energy biz with forecast service
Hanwha Q Cells, the Q Cells division of Hanwha Solutions Corp., said on Wednesday that it had started a renewable energy generation forecast service...
Mar 08, 2023 (Gmt+09:00)
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Energy
LG Energy Solution to collaborate on Jeju offshore wind power pilot project
LG Energy Solution Ltd. said on Wednesday that its subsidiary AVEL had signed an agreement with Korea South-East Power Co. (KOEN) and Tamra Offshore...
Mar 08, 2023 (Gmt+09:00)
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Construction
S.Korea's builders diversify biz portfolios to waste battery, other sectors
South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...
Mar 08, 2023 (Gmt+09:00)
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Korean startups
Korea's AI startup Quantit attracts $23 mn Series A investment
South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, has received a 30 bi...
Mar 08, 2023 (Gmt+09:00)
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Business & Politics
Concerned about CHIPS Act, Korea says US investment less attractive
South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...
Mar 06, 2023 (Gmt+09:00)
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Alternative investments
Mirae Asset, music profit-sharing startup take on security token offerings
South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...
Mar 06, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea-Indonesia central banks renew currency swap agreement
Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation fo...
Mar 06, 2023 (Gmt+09:00)
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Waste management
SK Incheon Petrochemical invests in domestic recycling waste tire startup
SK Incheon Petrochemical, a subsidiary of South Korea’s SK Innovation Co., on Sunday said it made an equity investment in the eco-friendly sta...
Mar 06, 2023 (Gmt+09:00)
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Electronics
LG Electronics makes 100 millionth unit of core motor for washing machines
LG Electronics Inc. on Sunday said it produced late last month its 112 millionth unit of the inverter direct drive (DD) motor for its washing machin...
Mar 06, 2023 (Gmt+09:00)
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Sovereign wealth funds
S.Korea's KIC to strengthen responsible investments
Korea Investment Corporation (KIC) plans to actively voice its opinions on portfolio companies' management over the next two years to tighten its re...
Mar 06, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korea needs bold investment to keep K-chip supremacy: SNU scholar
The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memory chip industry if ...
Mar 06, 2023 (Gmt+09:00)
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Batteries
Samsung SDI, GM to build $3.8 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...
Mar 03, 2023 (Gmt+09:00)
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Energy
SK Materials makes equity investment in ION for CO2 capture partnership
SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., has made an equity investment in ION Clean Energy Inc., ...
Mar 02, 2023 (Gmt+09:00)
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Bio & Pharma
CJ CheilJedang invests in Australian bio startup
South Korea's food and bio company CJ CheilJedang Corp. on Wednesday said it will invest in the Australian bio startup Provectus Algae.The former se...
Mar 02, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Iljin Materials to change its name to Lotte Energy Materials
Lotte Chemical Corp., a South Korean petrochemical giant, will rename Iljin Materials Co., the country’s second-largest copper foil maker, as ...
Feb 28, 2023 (Gmt+09:00)
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Batteries
Samsung leader eyes solid-state batteries as future growth engine
Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...
Feb 27, 2023 (Gmt+09:00)
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Carbon neutrality
SK Ecoplant's Singaporean affiliate, Thailand's No. 2 conglomerate to develop green power
Singapore's TES, an electronic waste management specialist and subsidiary of South Korea's SK Ecoplant Co., will jointly pursue the development of e...
Feb 27, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain to launch investment fund for AI startups
Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., said on Sunday it plans to set up a fund of up to 10 billion ...
Feb 27, 2023 (Gmt+09:00)
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Mergers & Acquisitions
EQT Partners to acquire S.Korea’s SK Shieldus for $2.3 bn
EQT Partners AB, the world’s third-largest private equity firm, is poised to buy a controlling stake in South Korean security service provider...
Feb 26, 2023 (Gmt+09:00)
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Corporate investment
SK Networks to expand investment in tech firms for future growth
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, will expand direct funding for tech ...
Feb 23, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace secures tech to catch illegal drones using nets
South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...
Feb 23, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to spur defense sector tech with $1.5 bn R&D investment
South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...
Feb 23, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility promotes technology at world's largest energy exhibition
Major South Korean power plant builder Doosan Enerbility Co. announced on Wednesday that it has started promoting its nuclear power and gas turbine ...
Feb 22, 2023 (Gmt+09:00)
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Energy
SK Materials joins forces with ExxonMobil in blue ammonia sector
South Korea's SK Materials will enter the blue ammonia market in partnership with global energy giant ExxonMobil.SK Materials on Wednesday said it s...
Feb 22, 2023 (Gmt+09:00)
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Batteries
Ford, LG Energy to build Turkey EV battery plant for Europe
US automaker Ford Motor Co. and South Korean battery manufacturer LG Energy Solution Ltd. are targeting the electric commercial vehicle sector in Eu...
Feb 22, 2023 (Gmt+09:00)
Latest News
- 1 MBK-owned Homeplus looks for new owner as M&A emerges as option
- 2 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 3 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 4 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 5 S.Korea eases path for foreign REITs in senior housing push