Taegisan is a 40MW 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 2008.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Onshore | 40 | 40 | – | Active | Gangwon, South Korea | POSCO Engineering & Construction |
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Description
The project was developed by POSCO Engineering & Construction and is currently owned by Taegisan Wind Power.
The project generates 91,300MWh electricity and supplies enough clean energy to power 25,000 households, offsetting 60,000t of carbon dioxide emissions (CO2) a year. The project cost is $57.434m.
Development Status
The project is currently active. The project got commissioned in December 2008.
Power Purchase Agreement
The power generated from the project is sold to Korea Electric Power under a power purchase agreement.
Contractors Involved
POSCO Engineering & Construction was selected to render EPC services for the wind power project.
Vestas Wind Systems was selected as the turbine supplier for the wind power project. The project consists of 20 units of V80-2.0 MW turbines, each with 2MW nameplate capacity.
About POSCO Engineering & Construction
POSCO Engineering & Construction Co Ltd (POSCO E&C), a subsidiary of POSCO, is a provider of construction and engineering services. POSCO E&C offers services such as business planning to design, procurement, construction and operation. The company executes the construction of steel plants, environmental plants, power plants, mining and industrial plants, urban development, chemical plants and building works projects. POSCO E&C carries out civil works for roads, railways, harbors, land development and hydroelectric power projects. The company has operations in various countries across Asia, South America, the Middle East and Europe. The company is headquartered in Pohang-si, 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.
