Saemangeum Terrestrial Solar PV Park is a 90MW solar PV power project. It is planned in North Jeolla, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed and currently owned by Hyundai Engineering. The company has a stake of 100%.
Saemangeum Terrestrial Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $123.266m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
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, infrastructure, 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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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.
