Changwon City, First Nationwide to Install Solar Power Facility Within Landfill Site View original image

[Asia Economy Yeongnam Reporting Headquarters, Reporter Lee Sang-hyun] Changwon City, Gyeongnam, signed a business agreement on the 14th with LF Solar for the installation project of a solar power generation facility within the Deokdong Landfill Site.


As part of the renewable energy expansion project, the city will install a solar power generation facility within a municipal solid waste landfill for the first time nationwide.


LF Solar will invest the entire project cost of 1.5 billion KRW to install a solar power generation facility with a capacity of 1000 kW/h (annual power production of 1260 MWh) on the embankment (6000㎡) within the Deokdong Landfill Site, manage and operate it for 20 years, and then donate it to the city.


The eco-friendly solar power generation project has the disadvantage of requiring a large initial investment cost, so private investment was attracted. The private business operator will pay the city 8% of the revenue from solar power sales and land usage fees annually.



Mayor Heo Seong-mu said, "Collaboration between the private and public sectors is important to complete Changwon as a carbon-neutral city by 2050," adding, "The installation of a solar power generation facility within a landfill for the first time nationwide is expected to serve as a model for other local governments."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing