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Wind investment

President Moon Jae-in speaks during a ceremony on a bridge in Sinan County, South Jeolla, on Friday to mark the signing of an investment deal to create the world's biggest offshore wind power generation complex worth 48 trillion won ($43 billion). Several local companies, including Korea Electric Power Corporation, SK E&S and Doosan Heavy Industries & Construction, are participating in the project in cooperation with local residents. The project aims to build facilities with a maximum capacity of 8.2 gigawatts by 2029. As many as 120,000 jobs are also expected to be created. [YONHAP]

President Moon Jae-in speaks during a ceremony on a bridge in Sinan County, South Jeolla, on Friday to mark the signing of an investment deal to create the world's biggest offshore wind power generation complex worth 48 trillion won ($43 billion). Several local companies, including Korea Electric Power Corporation, SK E&S and Doosan Heavy Industries & Construction, are participating in the project in cooperation with local residents. The project aims to build facilities with a maximum capacity of 8.2 gigawatts by 2029. As many as 120,000 jobs are also expected to be created. [YONHAP]

 
 
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