Haechang Bay Floating Solar Power Project is a 98MW solar PV power project. It is located in South Jeolla, 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. The project construction commenced in 2021 and subsequently entered into commercial operation in March 2023. Buy the profile here.
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Description
The project is developed and owned by Dongseo Power, Goheung New Energy and Korea Southern Power. The company's ownership stake in the project stands as 53.85%, 32.05% and 14.1% respectively.
Haechang Bay Floating Solar Power Project is a floating solar project which is spread over an area of 825,000 square meters.
The project consists of modules with rated capacity of 440W.
The project consists of modules with rated capacity of 475W.
Development status
The project construction commenced in 2021 and subsequently entered into commercial operation in March 2023.
Contractors involved
Hanyang Industrial Development was selected to render engineering procurement construction services for the solar PV power project.
HD Hyundai Energy Solutions was selected as the supplier of the PV modules for the project. The company installed 200,000 modules at the site.
The inverters were procured from OCI Power for the project.
Korea Southern Power is the O&M contractor for the solar PV power project, commencing from the year 2023.
For more details on Haechang Bay Floating Solar Power Project, buy the profile here.
About Dongseo Power
Dongseo Power Co Ltd specializes in providing the installation, maintenance, and optimization of solar PV systems. The company is headquartered in Seoul, South Korea.
About Goheung New Energy
Goheung New Energy Co Ltd is a renewable energy company that manufactures lithium-ion batteries, diaphragms, cathode materials, and other products. The company is headquartered in South Korea.
About Korea Southern Power
Korea Southern Power Co Ltd (KOSPO), a subsidiary of Korea Electric Power Corporation, is a power generation utility that offers integrated power services. The utility generates electricity and develops electric power resources. It produces electricity through a diverse mix of resources including bituminous coal, kerosene, liquefied natural gas, new and renewable sources. KOSPO operates thermal power, mini-hydro and solar power plants. The utility sells all of its generated electricity through Korea Power Exchange. It operates overseas projects including power plant construction, operation and maintenance, commissioning services. The company develops projects in various countries which include Vietnam, Jordan, India, Saudi Arabia and Israel. KOSPO is headquartered in Busan, 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.
