On the 25th, inside the SK Gas Ulsan Gas Power Solution (GPS) located in the Mi-po national industrial complex in Nam-gu, Ulsan, I donned a hard hat and safety shoes and stepped inside. Before me stretched a maze of pipes, intricately connected, resembling blood vessels. Structures painted in vibran...
LG Energy Solution announced on the 26th that it has successfully issued foreign currency bonds totaling $2 billion (approximately 2.93 trillion won). This issuance of foreign currency bonds consists of ▲$400 million with a 3-year maturity, $900 million of general foreign currency bonds with a 5-yea...
Hanwha Aerospace announced on the 26th that it has signed a memorandum of understanding (MOU) for a strategic partnership with the space launch startup Perry Aerospace to secure future space transportation technologies. The two companies agreed to share technical and commercial capabilities in the d...
On the 26th, SK Group announced it will provide a donation of 2 billion won and relief supplies to residents in areas such as Gyeongnam, Gyeongbuk, and Ulsan that are suffering significant damage from large wildfires through the Community Chest of Korea and the National Disaster Relief Association. ...
Koo Kwang-mo, chairman of LG Group, said on the 26th, "Industries like batteries are core future industries of the country and will inevitably be a growth focus for the group." Koo, who is also the CEO of LG's holding company, LG Corporation, made the remarks through a written greeting at the 63rd r...
Solus Advanced Materials announced on the 26th that it has signed a secondary battery foil supply contract with European electric vehicle battery manufacturer ACC (Automotive Cells Company). ACC is an electric vehicle battery manufacturer established as a joint venture by the U.S.-Italian Stellantis...
POSCO Group announced on the 26th that it will provide disaster relief funds of 2 billion won for the recovery from wildfire damage in the Yeongnam region. To support the recovery and assistance of disaster victims in the regions of Gyeongbuk, Gyeongnam, and Ulsan, which have recently been designate...
On the 25th (local time), LG Energy Solution announced that it has entered into a strategic partnership with global energy management company Delta Electronics. Through this collaboration, LG Energy Solution plans to supply a total of 4 gigawatt-hours (GWh) of home ESS batteries over a five-year per...
Mike Dunleavy, the governor of Alaska, will visit South Korea from the 25th to the 26th to meet with government officials and key corporations in the country. Officials from the Liquefied Natural Gas (LNG) sector are also expected to accompany him to discuss energy cooperation between the U.S. and S...
On the 24th (local time), LG Energy Solution announced that it has been selected as a business partner for the large-scale energy storage system (ESS) project promoted by the Polish state-owned power company, Polska Grupa Energetyczna (PGE), and has signed a battery supply contract. PGE plans to bui...
