South Korean Government announces 2100 MW floating Solar Power Project
The South Korean Ministry of Trade, Industry and Energy (MOTIE) announced an intention to build a 2100 MW floating solar power plant close to Saemangeum, an estuarine tidal flat on the coast of the Yellow Sea. The project is currently under the review stage and will start during the second half of 2020.
The project will be path breaking for the floating solar power industry since the current biggest solar power project pales in comparison to this project. Currently, China’s 150 MW solar PV project retains the title for the world’s biggest floating solar power photo-vaulting power generation project. In order to complete this project a total of 5 million Photo Vaultic modules will be connected at a cost of $3.9 billion.
This Project is part of South Korean government initiative to bolster the country’s capacity for renewable power generation. These efforts are being led by Ministry of Trade, Industry and Energy.