Power and renewables

POSCO and DNV sign MoU for the certification of eco-friendly steel applied in renewable energy projects

POSCO and DNV signing a work agreement on the Type Approval Certification of “Greenable” steels
Eul Son Park, Director of Energy and Shipbuilding Marketing at POSCO and Kim Sandgard-Mørk, Executive Vice President of Renewables Certification at DNV, are signing a work agreement on the Type Approval Certification of “Greenable” steels

DNV has signed a Memorandum of Understanding (MoU) for providing certification services for POSCO’s “Greenable” brand of steel material.

MOU signing ceremony for Type Approval of Greenable Steel
(From left to right) Sang Min Han, Head of POSCO Green Energy Materials Sales Group, Young Min Paik, Director Renewables Certification DNV Korea, Eul Son Park, Director of POSCO Energy and Shipbuilding Marketing, and Tae Wook Kim, General manager of the POSCO Energy and Shipbuilding Marketing Office

Under this agreement, DNV will issue a “Material Type Approval” to POSCO Steel to certify the performance and quality of its “Greenable” products. The approval of the “Greenable” steel type will be the first of its kind, and the two companies have agreed to continue working together.

DNV’s Executive Vice President Kim Sandgaard-Mørk said, "DNV has global experience in technical standards and certification schemes. With the Type Approval of POSCO's Greenable steel, we will contribute to ensuring high-quality products for the green energy industry in the future."

Eul Son Park, Director of Energy and Shipbuilding and Marketing at POSCO, said, "Eco-friendly energy is a social flow that companies cannot offend. At a time when the world is transitioning to a renewable energy regime, we look forward to this collaboration accelerating the transition to a carbon-neutral society and enabling both companies to further develop into industry-leading companies."

In the recent years, the renewable energy industry has seen an increasing need for economic design to reduce the Levelised Cost of Energy (LCoE). As a result, POSCO launched the integrated brand “Greenable” in October last year and is providing low-carbon, eco-friendly, high-performance steel products and solutions that meet market demands.