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January 11, 2022

Goheung Bay Floating Solar Power Project, South Korea

By Carmen

Goheung Bay Floating Solar Power Project is a 63MW solar PV power project. It is planned in South Jeolla, South Korea. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in June 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 63 63 Permitting South Jeolla, South Korea Korea South-East Power

Description

The project is being developed and currently owned by Korea South-East Power.

Goheung Bay Floating Solar Power Project is a floating solar project.

The project is expected to supply enough clean energy to power 90,000 households.

Development Status

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Post completion of the construction, the project is expected to get commissioned in June 2022.

Contractors Involved

Hanwha Q CELLS Korea will be the supplier of PV modules for the solar power project.

About Korea South-East Power

Korea South-East Power Co Ltd (KOSEP), a subsidiary of Korea Electric Power Corp, is an electric utility. It produces and sells electricity in domestic and international markets. The company develops electric power resources; and generates electricity using coal, gas, steam, hydro, solar and other sources. KOSEP trades electricity through Korea Power Exchange to KEPCO as its trading partner. The company operates various thermal power plants, combined cycle power plant, internal combustion, hydro, solar and other renewable energy plants. KOSEP is headquartered in Jinju, Gyeongsangnam-do, 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.

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