Gangwon Wind Park is a 98MW onshore wind power project. It is located in Gangwon, South Korea. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in December 2005.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 98 98 Active Gangwon, South Korea Tractebel Engineering; Unison

Description

The project was developed by Tractebel Engineering and Unison. The project is currently owned by Gangwon Wind Power.

The project generates 244,400MWh electricity and supplies enough clean energy to power 50,000 households, offsetting 150,000t of carbon dioxide emissions (CO2) a year. The project cost is $158.8m.

Development Status

The project is currently active. The project got commissioned in December 2005.

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 $0.112 for a period of 15.00 years, starting from 2005.

Contractors Involved

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The project consists of 49 units of V80-2.0 MW turbines, each with 2MW nameplate capacity.

About Tractebel Engineering

Tractebel Engineering GmbH (Tractebel Engineering) formerly Tractebel Engineering GmbH
, a subsidiary of Tractebel Engineering SA offers planning and consultancy services. Tractebel Engineering is headquartered in Bad Vibel, Hessen, Germany.

About Unison

Unison Co Ltd (Unison) is an alternative energy company that develops wind parks. The company manufactures, designs and develops wind turbines. Its wind turbines convert wind energy into electricity using kinetic energy. Unison offers services such as designing, measuring, financing, and engineering services. The company’s engineering services include micrositing of lay-out design, site inspection and evaluation, economic analysis and wind resource assessment services. Unison’s wind park development projects include Gangwon Wind Park and YoungDuck Wind Park. The company performs investigation of wind energy resources and feasibility study on the areas with potential wind energy resource. Unison is headquartered in Sacheon, South Korea.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.