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Gurīn Energy has secured 379MW of electricity business licences (EBLs) for three utility-scale solar projects in Jeonnam-Gwangju.

Global trade operates around the clock, yet many of the processes supporting this complex system still rely on traditional methods. When goods move from one country to another, the process can…

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A consortium of firms is set to trial solutions using electronic bills of lading (eBLs), a digital pound and stablecoins to improve SME access to trade finance, as part of the Bank of England’s Digita...

SEOUL, Wednesday, 19 August 2026 – Leading Asian renewable energy developer Gurīn Energy today announced that it has secured 379 megawatts (MW) of electricity business licences (EBLs) for its three utility-scale solar projects in Jeonnam-Gwangju Integrated Special City, South Korea, achieving a major milestone in development. The Jindo Green Solar project, located on Jindo Island, completed its EBL acquisition process, having been awarded 216MW in EBLs earlier this year. The company’s Jindo Jido-yeomjang Solar Power Project, also on Jindo Island, has similarly finished securing the 65MW in EBLs required to deliver the full project capacity. The third project, Goheung Nuri Solar Power Project, is a ground-mounted solar power project in Goheung-gun which has so far secured 98MW in EBLs, representing half its final planned capacity. The project is co-owned by Gurīn Energy and Korean renewable energy developer Kumyang Green Power, bringing together Gurīn Energy’s renewable energy development expertise and Kumyang’s strong local presence and market knowledge. The three projects will have a combined capacity of approximately 500MW when completed, generating enough electricity each year to meet the annual consumption of around 200,000 Korean households. “We are pleased to have secured this major milestone in the development of our three utility-scale...

By Tom Butt On this Giving Tuesday, we’re reflecting on the importance of East Brother Light Station (EBLS) and the community that keeps it going. Your support helps preserve the […]

The Global Legal Entity Identifier Foundation (GLEIF) and AEOTrade (Beijing) Technology Co., Ltd. (AEOTrade) have entered into a Memorandum of Understanding (MoU). Together, they will explore how verifiable organizational identity can promote the development of an open, inclusive, and secure infrastructure for trusted global digital trade. AEOTrade is a technology enterprise serving the trade industry. Under the MoU, GLEIF and AEOTrade will work to promote interoperability between different global digital identity standards – including the Legal Entity Identifier (LEI) and the verifiable LEI (vLEI) – and international digital trade protocols, such as the AEOTradeChain blockchain platform. By integrating the vLEI with its AEOTradeChain platform, AEOTrade's solution creates a trusted digital infrastructure that ensures the authenticity, uniqueness and compliance of every electronic bill of lading (eBL) and verifies the identities of all participants. This significantly enhances the security, accuracy, and efficiency of global trade processes and supply chains. The collaboration follows AEOTrade's participation in the inaugural GLEIF vLEI Hackathon, where it was recognized as the runner-up in the Trade, Supply Chain, and SME Finance category. Alexandre Kech, CEO at GLEIF, comments: “Global trade continues to face fundamental challenges related to trust, fragmentation, and inefficiency—particularly as critical documents such as electronic bills of lading move fully into digital form. This collaboration with AEOTrade demonstrates how verifiable organizational identity, anchored in the vLEI, can help address these issues at scale by ensuring that every participant and transaction can be trusted by default. Building on previous cooperation during the vLEI Hackathon, the MoU marks a clear step toward real-world deployment and a more secure, interoperable digital trade ecosystem.” Zetao Yang, CEO, AEOTrade and Secretary General of TradeTech Alliance, said: “Having showcased the benefits of integrating the vLEI into key trade documentation and processes, our ongoing engagement with GLEIF stands to promote interoperability and innovation to realize new use-cases and enable trusted and efficient cross-border commerce." GLEIF and AEOTrade will also focus on accelerating the development of real-world use-cases, as well as exploring broader opportunities to increase collaboration and advance the global digital trade technology ecosystem. For more information, please visit the GLEIF website.

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