South Korean city to host 1.5 GW solar project at industrial site – Commercial

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The authorities within the South Korean metropolis of Daegu have signed an settlement with a consortium led by Hanwha Asset Administration, the monetary companies unit of Hanwha Group, to construct a 1.5 GW photo voltaic undertaking on rooftops and idle plots of land on the Sangyeok industrial advanced.

Hanwha Asset Administration plans to take a position KRW 3 trillion within the photo voltaic undertaking, which would be the nation’s largest PV set up upon completion. At the moment, the biggest photo voltaic undertaking in South Korea is a 200 MW photo voltaic plant now below development at a former salt farm in Sinan nation, South Jeolla province.

Group unit Hanwha Techniques will construct the plant in partnership with LS Electrical and Hyundai Electrical and Vitality Techniques.

“Daegu metropolis plans to actively present administrative help essential for undertaking growth,” the municipal authorities mentioned in a press release. “It can additionally help the builders in securing grid reference to Korea Electrical Energy Corp., following the set up of the photo voltaic plant.”

Daegu Mayor Hong Joon-pyo mentioned the undertaking will assist to make town a number one hub for renewable vitality and carbon neutrality.

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