Exhibition News

  • Exhibition News
  • Industrial Trend News

Industrial Trend News

[Korea] Yeongyang-gun & GS E&R, establishing large renewable...
2017-02-03 14:46:40 5477 0
Yeongyang gun and GS E&R shaped the construction of large scale renewable energy complex within Yeongyang gun district.

Yeongyang gun, located in Gyeongsangbuk-do. announced that memorandum of agreement for investment to create onshore wind farm complex has been signed with GS E&R. Therefore, GS E&R will invest $ 500 million USD until 2024 and is planning to form onshore wind farm complex and Korea's the largest ESS test site in Yeongyang.

Also, establishing renewable energy center, local scholarship business, hiring local talented personnel, supporting tour business, advertising local specialty products will be executed.

Yeongtaek Kwon, mayor of Yeongyang, says "Yeongyang will develop as the center of Korea's renewable energy after the investment, and it will help to stabilize farm income and local economy."

Seokhwan Kim, vice president of GS E&R, comments "By signing memorandum of agreement, Yeongyang's local development, creation of employment, increasing farm income are expected, and public welfare business will be operated at the same time."

Recently, there are 18 units of 3.3 MW aerogenerators in Muchang-ri and Yanggu-ri area in Yeongyang.

Green Energy Expo 2017