South Korea's National Assembly passed three power grid reform bills on August 20, 2026, enabling shared grid connection infrastructure for renewable energy projects and allowing private developers to
Multiple offshore wind projects in Incheon waters—including developments by Ørsted, Korea East-West Power, Korea Midland Power, and Gulup Wind Development—are creating navigation conflicts with critic
Korea Eximbank is providing 300 billion won in financing for LS Cable's construction of a major submarine cable factory in Chesapeake, Virginia. The facility, set to complete in H2 2027, will produce
Ørsted has signed an MOU with LX International to develop a support port facility in Dangjin, South Chungcheong for its 1.47 GW Incheon offshore wind project, despite previous commitments to build sup
South Korean lawmakers have reintroduced legislation to merge five state-owned power generation subsidiaries (KOEN, KOSPO, EWP, KOWEPO, KOMIPO) into a single Korea Power Corporation with 32 trillion w
Incheon is simultaneously developing 13 offshore wind farms across 9 developers with a combined capacity of 9.155 GW, covering an area larger than the entire city. Fishermen, island residents, and envi
South Korea's Ministry of Climate, Energy and Environment and the 12th Basic Plan on Long-term Electricity Supply and Demand steering committee will present renewable energy deployment forecasts throu
South Korea's National Assembly passed seven energy laws overhauling the renewable energy framework, replacing the RPS (Renewable Portfolio Standard) with a government competitive auction and contract
Korea's Wind Industry Association endorsed the National Assembly's passage of legislation converting the Renewable Portfolio Standard (RPS) into a competitive auction-based contract market, while call
Gulup Wind Development, a subsidiary of CJ Group chairman Lee Sun-ho, is facing opposition from residents of South Korea's Western Five Islands over its Phase 2 offshore wind project (400MW) potential
LS Cable, under new leadership, is leveraging AI and renewable energy demand to expand its submarine cable and ultra-high-voltage business, particularly in North America and Southeast Asia. The compan
South Korea's National Assembly passed amendments to the Electric Power Source Development Promotion Act, establishing a legal framework for shared grid connection facilities serving multiple renewabl
