SK Eastern Energy South Korea Solar PV Park is a 200MW solar PV power project. It is planned in South Korea. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 200 – 200 Announced South Korea SK Energy

Description

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The project is being developed and currently owned by SK Energy.

SK Eastern Energy South Korea Solar PV Park is a floating solar project which is planned over 2,500,000 square meters.

The project cost is expected to be around $415m.

Development Status

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The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.

About SK Energy

SK Energy Co Ltd (SK Energy), a subsidiary of SK Innovation Co Ltd, is an oil company. It offers petroleum products which includes gasoline, diesel and asphalt. SK Energy is headquartered in Seoul, 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.