Korea Hydro & Nuclear Power (KHNP) and
BK Energy sign MOU for joint development of 100MW solar power project
Establishment of a new business model
through co-existence between public enterprises and SMEs.
Korea Hydro & Nuclear Power (President Lee
Kwan-seop) signed a memorandum of understanding (MOU) with BK Energy (CEO Park Young-sil)
at the Plaza Hotel in Seoul on December 15 for the joint development of a 100
MW floating solar power generation project.
BK Energy holding patented technologies for
rotating floating solar power generation and water quality improvement, is a
company that utilizes the water surface.
BK Energy explained that the technology can
improve the utilization rate by more than 10% compared to land-based solar
power and create a comfortable hydrophilic space.
This project is a joint development model
for public enterprises and SMEs using patented technology from small and
medium-sized enterprises and is planned to be promoted as a cooperative project
in which local governments and local residents coexist.
KHNP takes the lead in business management,
including EPC contracts, and purchases renewable energy supply certificates
(RECs), while BK Energy provides power generation system construction methods
and secures business sites. In addition, it provides benefits to residents such
as agricultural water supply in the surrounding area, fishing grounds using
business sites, and fish farms.
"In order to achieve the government's
3020 new renewable energy goal, it is essential to expand renewable energy
generation facilities such as solar and wind power," said Oh Soon-rok,
head of KHNP's Green Energy Division, who attended the signing ceremony.
"In particular, KHNP will preempt the water solar power generation project
with high potential and lay the foundation for marine solar development, a key
field of renewable energy in the future."
To implement the government's energy
policy, KHNP said it plans to diversify its business methods such as using
in-house idle sites such as nuclear power headquarters, purchasing sites and
acquiring business rights, and investing 10 trillion won by 2030 to secure
7.6GW of new renewable facilities focused on solar and wind power.
Source: Electric Power Journal (http://www.epj.co.kr)
Reporter Lee Jae-yong 2017.12.18. 17:01
