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Partnership with TopInfra to develop and create wind and solar projects in the country

Agreement complies with MoU from June this year as well as is targeting co-investment in 80MW of projects

The South Korean Energy Agency (KEA) has actually introduced the outcomes of its 2nd major solar tender of 2.2 GW from 2021. With a target of over 30 GW of PV by 2030, South Korea is well on course to meet its targets, with overall installed capacity of 15.6 GW by the end of 2020.

China will build the huge solar park at its own cost for its energy-hungry neighbor in exchange for access to rare earths. The project was announced by the Association of China Rare Earth Industry.

According to Korean government, around 18,000 unlicensed projects up to 1 MW in size are being developed in the area. Restrictions on such projects, which are driving this year’s strong solar growth in the country, are being introduced to reduce their environmental impact.

The Korea International Cooperation Agency (KOICA) introduced Wednesday that it will certainly construct a solar energy plant in Fiji, an island country in the Pacific that is having problem with climate change.

Colombian power as well as gas company Grupo Energia Bogota (GEB) revealed today that it will certainly construct a hybrid facility south of Bogota, including a 1-MW solar farm and a 3.5-MW natural gas plant.

Energy Vault is partnering with Korea Zinc, a company associated with non-ferrous metal smelting production, such as that of zinc, lead, silver as well as rare metal indium, for renewable resource storage. Through this collaboration, Korea Zinc intends to decarbonize its refining and smelting procedures, focused initially under its wholly-owned subsidiary Sun Metals Corporation. The companies anticipate to begin project release in mid-2022.

Larrakia Energy and Komipo partner with Northern Territory government to create a 300-MW solar project in the Greater Darwin Area. The joint venture with Progressive Green Solutions will create jobs and help the Territory reach its 2030 economy goal.

South Korean developer SK D&D has actually signed a co-investment memorandum of understanding (MOU) with renewable resource mutual fund manager Glennmont Partners to target opportunities in solar PV projects in South Korea.

Quality assurance business DNV is teaming up with South Korean floating PV (FPV) component suppliers to check out business opportunities in the worldwide floating solar market.

Trina Solar shines at Green Energy Expo 2024 with cutting-edge solar innovations, supporting South Korea's renewable energy goals and sustainable practices. Li Na emphasizes partnerships for energy transformation.

Researchers at Chung-Ang University in South Korea have discovered that high-concentration electrolytes can improve the efficiency of lithium-ion batteries, making electric vehicles more practical and eco-friendly.

Especially, the US storage market has actually been on the path of development and is anticipated to advance its path of growth complying with the Inflation Reduction Act (IRA), which has provided a considerable press release in addition to manufacturing of energy storage space.

Enthusiastic proposals to increase environment-friendly hydrogen production in Chile and South Australia have been introduced this week, as both look to capitalize growing supplies of renewables to help decarbonise their economic situations and also meet eco-friendly energy targets.