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Hyundai Motor, Kia partner with Exide Energy for EV battery localization in India

The partnership with Exide Energy enables Hyundai Motor and Kia to equip their future electric vehicles (EVs) in the Indian market with locally produced lithium-iron-phosphate (LFP) batteries.

The hydrogen stream: India, South Korea discuss bilateral ties in green hydrogen and its derivatives

The Indian business delegation, led by the representative from the Ministry of New and Renewable Energy (MNRE), Government of India, included key officials from leading companies significantly contributing to the production of green hydrogen and its derivatives in India, such as Acme, Avaada Group, Hygenco, and Torrent Power.

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INOXCVA flags off India’s largest liquid hydrogen tank

INOXCVA, a Vadodara-headquartered cryogenic solutions manufacturer, has designed, engineered, and manufactured the largest liquid hydrogen tank ever made in India. The tank will be deployed in South Korea’s first hydrogen liquefaction plant, with 5 tons of daily capacity, in order to supply hydrogen charging stations for buses, trucks, and trams.

WoodMac predicts 30% drop in Asia-Pacific front-of-meter battery costs by 2025

A new Wood Mackenzie report suggests that costs for front-of-the-meter battery storage systems in the Asia-Pacific region could fall by 30% by 2025. The declining costs are already having a palpable impact, as 2021 has opened with a slew of large-scale battery project announcements.

IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023

Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.

Manikaran Power, south Korea’s KEPCO join hands to acquire stressed power plants in India

The New Delhi-headquartered power trading company has signed a Memorandum of Understanding with the South Korean power plant maintenance specialist to acquire and revive stressed assets in the power sector.

Norwegian tech for Korea’s giant floating solar complex

Floating PV specialist Ocean Sun and South Korean energy company EN Technologies have signed an agreement to develop the pilot projects of the 2.1 GW floating solar site planned near the Saemangeum tidal flat, on the coast of the Yellow Sea.

Proposals invited for joint India-South Korea research in renewable energy and green mobility

Proposals must reach the Department of Science & Technology (DST), Government of India, and Ministry of Science and ICT (MSIT) of the Republic of Korea by May 8. Each selected project will be funded for a period of three years.

Coronavirus could cost Chinese battery makers 26 GWh of output

WoodMac analysts say the amount of new battery manufacturing capacity added in the nation this year could fall by as much as 10% because of the outbreak. With Tesla’s Shanghai gigafactory affected by the extended new-year-holiday shutdown, the analyst warned of potential supply shortages for Australia and the U.S. and U.K.

The long read: South Korea’s burning issue

The string of fires that shook up South Korea’s booming energy storage market throughout 2018 brought development to a screeching halt this year. Throughout the lackluster first half of 2019, manufacturers, installers and analysts remained cautiously hopeful that a government investigation into the fires might plant the seed for late-year market growth. However, another outbreak of fires in the months since the conclusion of the probe has shaken industry morale once again, snuffing out any lingering hopes for a quick recovery.

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