Connection

popular articles

In Niger, abundant uranium does not bring in much
Philippines: The Renewable Energy Auction Exceeds Targets with 7,500 MW of Projects
Canada: Mark Carney Relaunches Arctic Pipelines to Capture European Market
France: TotalEnergies caps fuel prices for its customers
Saudi Arabia strengthens its renewable energy strategy with new companies

Shizen Energy enters South Korean market with joint venture

Shizen International Inc. joins forces with INMARK Asset Management and DOHWA Engineering Co., Ltd to create the joint venture Inmark Jayeon Energy Co., Ltd. The joint venture plans to invest in a 100 MW project by the end of 2023.
  • [favorite_button]

Please share:

Shizen International Inc, a subsidiary of the Shizen Energy Group, has announced its entry into the South Korean renewable energy market through a joint venture with INMARK Asset Management and DOHWA Engineering Co, Ltd.

The joint venture, named Inmark Jayeon Energy Co., Ltd. will focus on developing renewable energy projects throughout South Korea, including energy storage, onshore renewables and offshore wind.

The South Korean government aims to generate 30.6% of its electricity from renewable energy sources by 2036, up from 9% in 2021, as part of its 10th Basic Plan for Electricity Supply and Demand. Shizen Energy Group sees significant potential in the country’s renewable energy market and hopes to contribute to South Korea’s goal of achieving carbon neutrality by 2050.

Shizen Energy Group’s Korean joint venture: a key step towards achieving its sustainability objective

The joint venture has already identified 2,000 MW of renewable energy project opportunities and plans to invest in a 100 MW project by the end of 2023. Shizen Energy Group brings its expertise in offshore wind projects in Japan to the joint venture, and will combine digital technologies such as EMS and battery storage to develop renewable energy sources that work in harmony with local communities.

Shizen Energy Group’s mission is to achieve a 100% renewable energy world as soon as possible. Through this joint venture and its partnership with INMARK and DOHWA, Shizen Energy Group hopes to contribute to a sustainable future for South Korea and the planet.

Register free of charge for uninterrupted access.

Publicite

Latest news

Kern County reopens oil permitting despite historic decline in California
US shale oil drilling costs to rise 4.5% in 2025
Craig Steinke appointed CEO of BluEnergies following James Deckelman’s departure
Siemens Energy raises annual outlook after 52% surge in orders
Enel posts €2bn net profit rise despite falling electricity prices

Recently published in

ERG commissions 18 MW wind farm in northern France

Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4
Ørsted abandons Hornsea 4 in the United Kingdom due to excessive perceived risks
Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
en_1140290958540-3
Ørsted abandons Hornsea 4 in the United Kingdom due to excessive perceived risks
Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
en_1140290958540-3
Vestas beats expectations with €5mn profit in Q1 2025
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
en_1140290962540-2
Vestas beats expectations with €5mn profit in Q1 2025
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
en_1140290962540-2

Clearway invests $60mn in wind with acquisition of Tuolumne project

Clearway Energy strengthens its presence in Washington State with the purchase of the 137 MW Tuolumne wind project, securing a 15-year power purchase agreement with Turlock Irrigation District.
Ørsted sells 24.5% stake in West of Duddon Sands offshore wind farm to Schroders Greencoat
Danish developer Ørsted has finalised the sale of 24.5% of its stake in the UK’s West of Duddon Sands wind farm to funds managed by Schroders Greencoat for GBP456.1mn ($571mn).
en_1140290972540
Ørsted sells 24.5% stake in West of Duddon Sands offshore wind farm to Schroders Greencoat
Danish developer Ørsted has finalised the sale of 24.5% of its stake in the UK’s West of Duddon Sands wind farm to funds managed by Schroders Greencoat for GBP456.1mn ($571mn).
en_1140290972540
The first caissons of Belgium’s energy island successfully installed in the North Sea
The Princess Elisabeth energy island project advances with the placement of two caissons, launching a key phase of marine civil engineering off the Belgian coast.
en_1140290983540
The first caissons of Belgium’s energy island successfully installed in the North Sea
The Princess Elisabeth energy island project advances with the placement of two caissons, launching a key phase of marine civil engineering off the Belgian coast.
en_1140290983540
Equinor challenges the halt of its Empire Wind project in the United States
Equinor condemned the mid-April suspension of its offshore wind farm Empire Wind 1 near New York, a $2.5bn project halted by U.S. authorities, labelling the move illegal.
en_1140290954540-17
Equinor challenges the halt of its Empire Wind project in the United States
Equinor condemned the mid-April suspension of its offshore wind farm Empire Wind 1 near New York, a $2.5bn project halted by U.S. authorities, labelling the move illegal.
en_1140290954540-17

The wind shifts: Chinese OEMs struggle to gain traction in the European market

Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
Greenvolt sells 83.2 MW wind farm to Enea Nowa Energia for €174.4mn
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.
en_1140291004540-2
Greenvolt sells 83.2 MW wind farm to Enea Nowa Energia for €174.4mn
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.
en_1140291004540-2
The first He Dreiht turbine installed at Germany’s largest offshore wind farm
EnBW’s He Dreiht project reaches a major milestone with the installation of the first 15 MW Vestas turbine, marking progress in the construction of the 960 MW wind farm.
en_1140290991540
The first He Dreiht turbine installed at Germany’s largest offshore wind farm
EnBW’s He Dreiht project reaches a major milestone with the installation of the first 15 MW Vestas turbine, marking progress in the construction of the 960 MW wind farm.
en_1140290991540
RWE launches construction of 22.8 MW wind farm in Germany
RWE has started work on a new 22.8 megawatt onshore wind farm in Papenhagen, northeastern Germany, after winning a tender from the Federal Network Agency.
en_1140291005540-2
RWE launches construction of 22.8 MW wind farm in Germany
RWE has started work on a new 22.8 megawatt onshore wind farm in Papenhagen, northeastern Germany, after winning a tender from the Federal Network Agency.
en_1140291005540-2

China’s wind and solar capacity surpasses thermal power for the first time

China has reached a historic energy milestone with wind and solar capacity now exceeding that from thermal sources, amid an acceleration of new installations.
Mainstream sells 675 MW of wind and solar projects to Celsia in Colombia
Mainstream Renewable Power sold its entire Colombian portfolio to Celsia, marking its exit from the country to focus operations on three strategic markets.
en_1140290960540-12
Mainstream sells 675 MW of wind and solar projects to Celsia in Colombia
Mainstream Renewable Power sold its entire Colombian portfolio to Celsia, marking its exit from the country to focus operations on three strategic markets.
en_1140290960540-12
Ocean Winds equips floating wind farm with Biohut modules to attract marine life
Ocean Winds has completed the installation of 32 Biohut modules on a floater of its EFGL pilot project, marking a global first for floating offshore wind incorporating artificial habitats for biodiversity.
en_1140290950540-11
Ocean Winds equips floating wind farm with Biohut modules to attract marine life
Ocean Winds has completed the installation of 32 Biohut modules on a floater of its EFGL pilot project, marking a global first for floating offshore wind incorporating artificial habitats for biodiversity.
en_1140290950540-11
Connecticut: Study Reveals the Economic Impact of the Offshore Wind Industry
A recently published study shows that over 50 Connecticut companies are actively participating in offshore wind projects, with growth potential for 450 other companies in the region.
en_1140290950540-10
Connecticut: Study Reveals the Economic Impact of the Offshore Wind Industry
A recently published study shows that over 50 Connecticut companies are actively participating in offshore wind projects, with growth potential for 450 other companies in the region.
en_1140290950540-10

The United States suspends Equinor’s Empire Wind offshore wind project off New York

US authorities have ordered the halt of Equinor's Empire Wind 1 offshore wind project located off New York, citing insufficient environmental analysis according to the Biden administration. Construction had been underway since 2024.
DEME acquires Havfram for €900 mn to strengthen its offshore wind position
Belgian group DEME has signed an agreement to acquire Norway’s Havfram for €900 mn, consolidating its fleet and global presence in the offshore wind market.
en_1140290967540-2
DEME acquires Havfram for €900 mn to strengthen its offshore wind position
Belgian group DEME has signed an agreement to acquire Norway’s Havfram for €900 mn, consolidating its fleet and global presence in the offshore wind market.
en_1140290967540-2
Energiequelle secures 143 MW in German onshore wind tender
Developer Energiequelle has secured five projects totalling 143 MW through a national onshore wind tender, expanding its footprint across four German federal states.
en_1140290971540-2
Energiequelle secures 143 MW in German onshore wind tender
Developer Energiequelle has secured five projects totalling 143 MW through a national onshore wind tender, expanding its footprint across four German federal states.
en_1140290971540-2
New wind installations in the United States fall to lowest level in a decade
The United States recorded its lowest volume of wind installations in a decade in 2024, according to Wood Mackenzie data, due to tax timing effects and persistent regulatory uncertainty.
en_1140290986540
New wind installations in the United States fall to lowest level in a decade
The United States recorded its lowest volume of wind installations in a decade in 2024, according to Wood Mackenzie data, due to tax timing effects and persistent regulatory uncertainty.
en_1140290986540

Sanofi signs 20-year contract with RWE for 21 GWh wind power supply

RWE has signed a 20-year electricity supply agreement with Sanofi, committing to deliver 21 GWh annually from a wind farm located in the Marne region.
RWE wins 151 MW in latest French onshore wind tender
RWE led the latest onshore wind tender launched by the Commission de régulation de l’énergie, securing seven projects representing a prorated capacity of 151 megawatts.
en_1140290972540-2
RWE wins 151 MW in latest French onshore wind tender
RWE led the latest onshore wind tender launched by the Commission de régulation de l’énergie, securing seven projects representing a prorated capacity of 151 megawatts.
en_1140290972540-2
French court suspends wind farm after death of golden eagle
The Montpellier court has ordered a one-year suspension of the Bernagues wind farm, finding Énergie Renouvelable du Languedoc responsible for the death of a golden eagle, a protected species, in January 2023.
en_1140290958540-4
French court suspends wind farm after death of golden eagle
The Montpellier court has ordered a one-year suspension of the Bernagues wind farm, finding Énergie Renouvelable du Languedoc responsible for the death of a golden eagle, a protected species, in January 2023.
en_1140290958540-4
HSM Offshore Energy secures EPCIC contract for East Anglia TWO
ScottishPower Renewables awards HSM Offshore Energy the design and construction of the offshore substation and its foundation for the East Anglia TWO wind farm off the Suffolk coast.
en_1140290971540
HSM Offshore Energy secures EPCIC contract for East Anglia TWO
ScottishPower Renewables awards HSM Offshore Energy the design and construction of the offshore substation and its foundation for the East Anglia TWO wind farm off the Suffolk coast.
en_1140290971540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS