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Abengoa’s waste division takes majority stake in South Korean business Hankook

Abengoa has agreed, through its industrial waste recycling division Befesa, to acquire a 55 per cent stake in South Korean company Hankook R&M in a deal valued at €60m.

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South Korea wins bid to host UN Green Climate Fund

South Korea has won a bid to host a UN climate change fund aimed at helping fight global warming, its President has announced.

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Korea Southern Power opens bidding for wood pellet supply

Korea Southern Power (KOSPO) is offering interested parties the chance to bid on the supply of wood pellets.

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Woongjin shares jump after court approval for sale of water-purifier unit

After winning court approval for the sale of a controlling stake in water purifier maker Woongjin Coway to a private equity firm, Woongjin Holdings’ share price has jumped to a four-week high in Seoul...

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South Korea’s Hankook Silicon files for bankruptcy

South Korean polysilicon maker Hankook Silicon filed for bankruptcy on 28 November, 2012.

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South Korean businesses join to build Japanese solar park

South Korean companies including STX Solar and Korea South-East Power, a unit of Korea’s main power distributor, plan to build a 45MW solar farm in Japan.

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Orix takes strategic stake in South Korean energy business

Japanese finance house Orix has taken a 49.9 per cent stake in energy business STX Energy, a sub-division of South Korea-based STX Group.

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AFC Energy enters South Korea to leverage fuel cell subsidies

AIM-listed AFC Energy has opened its inaugural office in South Korea through a partnership with Intralink, which provides business development services to US and European companies entering the Asian...

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Korean Export-Import Bank launches Asia’s first green bond

KEXIM, the Export-Import Bank of Korea, has launched Asia’s first green bond in a $500m issue.

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SK Engineering to build Korea’s biggest offshore wind farm

SK Engineering and Construction plans to build South Korea’s biggest offshore wind farm, which is set to produce 196MW, enough to power 100,000 households.

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Scotland signs marine energy MoU with South Korea

Scotland has signed an agreement with South Korea to increase trade links between the two countries for the tidal energy market.

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OCI cancels $104m solar capacity expansion plan

South Korean polysilicon maker OCI has said it will put on hold plans for a KRW116.5bn ($104m) expansion to its capacity production until conditions in the solar market improve.

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South Korea’s President calls for international energy cooperation

South Korean President Park Geun Hye has called for international cooperation in order to meet global energy challenges.

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