Saemangeum Terrestrial Solar PV Park is a 98.99MW solar PV power project. It is located in North Jeolla, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. Post completion of construction, the project got commissioned in March 2022. Buy the profile here.
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Description
The project was developed by Hyundai Engineering and is currently owned by BGrimm Power with a stake of 21.27%.
Saemangeum Terrestrial Solar PV Park is a ground-mounted solar project.
Development status
The project got commissioned in March 2022.
Power purchase agreement
The power generated from the project is sold to Korea Electric Power under a power purchase agreement. The power is sold at the rate of $0.109kWh for a period of 20.00 years, starting from 2022.
For more details on Saemangeum Terrestrial Solar PV Park, buy the profile here.
About Hyundai Engineering
Hyundai Engineering Co Ltd (HEC), is a construction company that offers engineering services. It provides feasibility studies, procurement, project management, maintenance, operations, construction, and infrastructure projects construction services. The company offers global asset management, building construction, property management, and purchasing, leasing, and selling consultation services. HEC constructs and develops processing plants, environmental, power and energy plant, residential, commercial, sports, hospital, cultural, and educational buildings and facilities. The company’s activities include design, procuring, commissioning and construction solutions. It operates in South Korea, Tunisia, Turkmenistan, Algeria, India, the UAE, Vietnam, Kazakhstan, Pakistan, Cambodia, and the US. HEC is headquartered in Seoul City, Seoul, South Korea.
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