RSM finishes its 20MW solar plant

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RSM finishes its 20MW solar plant

Renault Samsung Motors, the Korean unit of French automaker Renault, said yesterday that the construction of the solar power plant in its Busan plant has been officially completed after a year of construction.

The Busan Shinho Solar Power Plant is 20 megawatt (MW) scale and is constructed on roofs and parking spaces of RSM’s plant that covers about 300,000 square meters. About 13 MW worth of photovoltaic arrays were installed in parking spaces for cars and customers, with 7 MW on the roofs.

RSM said that this is the largest-scale solar power generating business in Korea for the facility utilizing existing buildings and unused spaces.

The construction of the Busan Shinho Solar Power Plant started in July last year after Korea East-West Power, KC Cottrell and KB Asset Management jointly established special purpose company and invested 56 billion won ($49 million).

The annual production volume of the plant would be 25,000 megawatt hours (MWh). RSM said this would be enough to supply electricity to 8,300 households nearby. It is also expected to reduce 10,600 tons of CO2.

“As power shortage has risen as a national matter, this solar power plant would be an exemplary case for developing alternative and environmental-friendly energy,” an official from RSM said.

The nation’s fourth-largest automaker will hold a ribbon-cutting ceremony today with 200 guests from the Ministry of Trade, Industry and Energy, Busan city government and related companies.

RSM said that the plant would boost its eco-friendly image following its corporate campaign “eco-ACTION.”

The company already has a 1 Mw solar power plant at its parts center in Haman, South Gyeongsang. The automaker is also set to release the electric vehicle SM3 ZE from the Busan plant in the second half of this year and expects its corporate image to boost sales.

RSM will be the first local automaker to complete such a large-scale solar power plant in its manufacturing plant.

Hyundai Motor, along with Korea Midland Power, is currently building a 10MW solar power plant on the roof of its Asan plant in South Chungcheong. It will be able to provide electricity to 3,200 households.

GM Korea, the nation’s third largest automaker, is also working with KC Cottrell to build a 3MW solar installation on its Changwon plant’s rooftop. It is expected to operate the facility from the third quarter of this year.

By joo kyung-don [kjoo@joongang.co.kr]

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