Renewable energy

GS E&C invests W500b in renewable energy projects

Pohang Mayor Lee Kang-deok (left) and GS E&C Chairman Huh Yoon-hong shake hands during a signing ceremony held in Pohang, Gyeongsang Province on Wednesday North. (GS E&C) GS Engineering & Construction is teaming up with Pohang City in North Gyeongsang Province to invest in green energy, the company said on …

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Carlyle launches renewable energy infrastructure unit

Private equity giant Carlyle Group Inc. is launching a company to develop renewable energy production and storage projects with the aim of reorienting its energy business towards sustainable investments. Funds operated by Carlyle will inject up to $ 700 million into the new company, Copia Power, enabling it to organize …

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Reshaping renewable storage

As the energy sector turns more and more towards the green transition, new challenges are appearing. One of the main drawbacks of renewable energy sources – their reliance on potentially inconsistent weather conditions – thus draws attention to energy storage systems, which can store and deliver electricity based on demand. …

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