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Industry

Shinsung E&G undertakes three national projects in offshore, recycling and low-temperature processes

Solar company Shinsung E&G began work on a 12.9 billion won national project on durable offshore-environment solar modules, aiming to move early in the floating solar market. The 36-month project runs from April 2026 to March 2029 with 9.0 billion won in government funding and about 3.9 billion won in private contributions. Shinsung E&G is also carrying out national tasks on RFID-based AI lifecycle history management for module recycling and low-temperature processes for perovskite tandem crystalline cell modules.

Industry

LG Electronics signs deal to build used refrigerant recycling, refurbished product system

LG Electronics will recover and recycle used refrigerants generated from home appliances and move ahead with a pilot for its refurbished products business. The company said it signed an agreement in Seoul with the Ministry of Climate, Energy and Environment and the Korea Environment Corporation, among others. LG Electronics plans to raise annual refrigerant recovery to 81 tonnes by 2030 and use purified recycled refrigerant for new products and after-sales service.

Industry

South Korea discusses emissions-cut goals at U.N. climate meeting

South Korea attended the 64th session of the subsidiary bodies to the U.N. climate convention (SB64) to discuss responses to the climate crisis, including national emissions-cut targets. Government ministries and agencies joined the meeting in Bonn, Germany. Participants discussed clean energy transition and electrification, and laid groundwork for talks ahead of COP31 in November in Antalya, Turkey. The delegation also highlighted NDC reporting and transparency support for developing countries.