Gangwon Wind Park is a 98MW onshore wind power project. It is located in Gangwon, 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 multiple phases. Post completion of construction, the project got commissioned in December 2005. Buy the profile here.
Description
The project was developed by Tractebel Engineering and Unison. Tractebel Engineering, Axia Power Holdings, Korea Midland Power, Eurus Energy Europe and Military Mutual Aid Association are currently owning the project having ownership stake of 35%, 30%, 15%, 10% and 10% respectively.
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.
For more details on Gangwon Wind Park, buy the profile here.
About Tractebel Engineering
Tractebel Engineering GmbH (Tractebel Engineering) 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. It 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.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
