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A 380MW gas turbine developed and produced by Doosan Enerbility. (Photo: Doosan Enerbility)On October 13, Doosan Enerbility announced that it had signed an agreement with a prominent U.S. technology company to provide two units of Doosan’s 380MW gas turbines. The two gas turbines are to be del…
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Jang Si-ho, head of KPX Jeju Headquarters poses with Suh Yong-seok, chief of KIER’s Jeju Global Research Center as the two institutions struck an MOU on joint research and commercialization of new energy industries and demand management technologies on Sept. 30. (Photo: KPX)Korea Power Exchange (KP…
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Chairman Kim Seung-youn of Hanwha Business Group. (Photos: Hanwha Group)Hanwha celebrated the 73rd anniversary on Oct. 9. In his commemorative speech, Chmn. Kim Seung-youn of Hanwha Group said, “Our goal now is to be a global leader, and we have to be a leader in each business area with respon…
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HD Hyundai Oil Bank supplies sustainable aviation fuel (SAF) to Korean Air’s international flights to Japan. To the refinery, it is the first entry to the Korean SAF market. HD Hyundai Oil Bank said on Sept. 22 the refinery struck a contract with Korean Air to supply SAF to the airliner’s Inc…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier this summer, lasted longer than usual. Due to the…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagnostic & Analysis System (SEDA) and the latter’…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won project to develop a carbon free energy power plant at Y…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively respond to changes of the shipbuilding industry b…
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(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird network at LS Tower in Yongsan, Seoul, on July 10.…
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President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)Korea Hydro & Nuclear Power (KHNP) held the “Team Korea Project Promotion Strategy Meeting for the Czech New Nuclear Power Project” to implement the new nuclear power project in the Czech Republic at its headquarters…
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President Hong Beom-sik of LG Uplus. (Photos: LG Uplus)LG Uplus said on Oct. 23 that a paper on its in-house developed Generative AI technology “ixi-GEN” was recognized by EMNLP 2025, one of the world’s top natural language processing (NLP) confer…
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LG Uplus CISO and CPO Hong Kwan-hee explains security-first strategies at a meeting on security strategies at LG Uplus office building in Yongsan, Seoul, on July 29. (Photo: LG Uplus)LG Uplus has unveiled “U-Dok Pick AI,” combining a variety of AI …
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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