"Energy Transition Accelerates"...KOTRA Expands the Territory of K-Green Tech

Climate, Energy, and Environmental Industry Export Consultation Held
Over 200 B2B Meetings with 77 Korean Companies
Two MOUs Signed for Nuclear Power Plant Water Quality Management

As the global supply chain restructuring and energy transition accelerate, a large-scale business event has opened to support overseas project entry by domestic power and green technology (K-Green Tech) companies.

The Ministry of Trade, Industry, and Energy and the Korea Trade-Investment Promotion Agency (KOTRA) announced on September 16 that they are holding the "Climate, Energy, and Environmental Industry Export Consultation" in conjunction with the World Climate Industry Expo (WCE) hosted in Busan starting September 16. This event was organized by KOTRA in collaboration with the Korea Energy Agency, BEXCO, and the Korea Meteorological Industry and Technology Institute to provide multifaceted support for K-Green Tech companies looking to expand into overseas markets.

A view of the Korea Trade-Investment Promotion Agency building. Korea Trade-Investment Promotion Agency

With the recent energy crisis originating in the Middle East and supply chain restructuring, countries are speeding up diversification of power generation sources and expansion of grid infrastructure, leading to a surge in demand for eco-friendly power equipment and energy storage solutions. According to the International Energy Agency (IEA), global investment in power grids is expected to reach 550 billion dollars (about 750 trillion won) this year, and renewable energy and nuclear power are projected to account for over 70% of new power generation facility projects. Exports of domestic power equipment continue to grow, recording 16.5 billion dollars in 2025, up 6% from the previous year, riding this global trend.

This export consultation event attracted 30 promising buyers and commissioning companies from 10 countries across Europe, the Americas, and Asia, including Vietnam, Serbia, and Algeria. A total of around 200 one-on-one business meetings were held with 77 K-Green Tech companies, and tangible outcomes were achieved, such as the signing of two MOUs for nuclear power plant water quality ion exchange resin solutions directly at the event.

Major participants included Company T from Vietnam, which is pursuing the introduction of energy storage systems (ESS) for a 1.5GW-scale renewable energy project; officials from the Hanoi Department of Industry and Trade seeking cooperation with domestic companies for national projects; a delegation from Serbian state shipping company J visiting to source clean port and water treatment technologies; and G, a state-owned cement company from Algeria, exploring carbon reduction technologies.

Kang Kyung-sung, President of KOTRA, stated, "The demand for green transformation (GX) in key countries is expanding even further amid global political instability," and emphasized, "K-power and green tech companies, which have demonstrated excellent product quality, are achieving notable results in the United States and Europe. We will spare no effort in providing follow-up support for the demand identified during this event, so that these successes can continue."

This content was produced with the assistance of AI translation services.