KRCC has picked a group comprised of Hanwha General Chemical Co and Korea Midland Power Co as the preferred bidder for the installation of a 100-MW floating solar park

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KRCC has picked a group comprised of Hanwha General Chemical Co and Korea Midland Power Co as the preferred bidder for the installation of a 100-MW floating solar park . KRCC will be responsible for 20% of the project. Construction work is expected to begin by 2019 and the plant is expected to be operational by 2020
List of the country updates

Country updates

  • August 22, 2017

    AMP Capital reaches final close on the AMP Capital Infrastructure Debt Fund III

    AMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising US$2.5 billion for the mezzanine debt strategy, an additional US$800 million in co-investment rig...

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  • July 29, 2017

    Solkiss announced it is planning to develop the project

    Solkiss announced it is planning to develop the project. Construction works are expected to be completed by the end of November

  • July 21, 2017

    Hanwha Q CELLS has signed a MOU with Korea Hydro & Nuclear Power (KHNP) to build the project, which would be the largest of its type in the world

  • July 05, 2017

    KEPCO has signed a contract to build the project

    KEPCO has signed a contract to build the project. The solar park is expected to start selling power by December 2019. It is seen to bring in revenues of USD 420 million during its 25 year lifespan

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  • May 30, 2017

    LOC wins MWS contract for 60-MW offshore project in South Korea

    International marine and engineering consultancy LOC Group has been retained by Korea Offshore Wind Power (KOWP) and Swiss Re to carry out marine warranty surveying (MWS) services on the 60 MW test ph...

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