ACWA Power, KEPCO sign MoU for South Korean green hydrogen/ ammonia projects
ACWA Power and Korea Electric Power Corporation (KEPCO) have signed a comprehensive memorandum of understanding (MoU) proposing a potential collaboration in the development of green hydrogen/ammonia projects in the Middle East and other agreed geographies in order to decarbonize KEPCO's operations in South Korea.
Kepco plans to use the end product to operate its power plants in South Korea, provided that its generation businesses purchase the green ammonia produced by the project.
KEPCO aims to use 5-10 million tons of green ammonia by 2030, while ACWA Power has a net-zero emissions goal for 2050.
Country updates
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September 07, 2022
SK, TotalEnergies enter partnership for 2 GW South Korean offshore wind projects
SK Ecoplant has announced its plans purchase a stake in a 2 GW offshore wind project portfolio in South Korea, joining TotalEnergies SE and Corio Generation in its development. The portfolio consists...
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August 19, 2022
Technip Energies consortium to perform front-end engineering design for 504 MW offshore wind project in Ulsan
Corio Generation and TotalEnergies have selected Technip Energies, in cooperation with Subsea 7 and Samkang M&T, to undertake a Front-End Engineering Design (FEED) for the 504 MW Ulsan Gray Whale...
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August 15, 2022
Hexicon buys minority stake in 1,300 MW floating offshore wind project in Ulsan
CoensHexicon, a joint venture between Hexicon and COENS & Co, has completed the acquisition of a 20% stake in the 1,300 MW MunmuBaram floating offshore wind farm in South Korea from Shell Ove...
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July 14, 2022
KEPCO starts construction of 200 MW solar project in South Jeolla
Korea Electric Power Corp's subsidiary, Korea Hydro and Nuclear Power Co. has started the construction of a 200 MW solar photovoltaic park at a former salt farm in Sinan country, South Jeolla province...
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July 07, 2022
Siemens to supply turbines for 75 MW Gunwi wind project in Kyongsangbuk-do
SK D&D Co Ltd has selected Siemens Gamesa Renewable Energy SA to supply turbines for the 75 MW Gunwi onshore wind farm project, which is set to become the third-largest wind farm in Sout...
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