European Offshore Wind Companies Push Into Asian Offshore Wind Market Updated On Wed, Oct 26th, 2022 by Saurenergy The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy Updated On Sat, Feb 27th, 2021 by Saurenergy Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […] Read more
South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power Updated On Fri, Jan 8th, 2021 by Saurenergy Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […] Read more