Korea Hydro & Nuclear Power to Build 100MW Solar Power Facility Utilizing Idle Road Land

[Asia Economy Sejong=Reporter Dongwoo Lee] Korea Hydro & Nuclear Power announced on the 10th that it has signed a memorandum of understanding (MOU) for the joint development of a 100MW-class solar power generation project utilizing idle roadside land with Hanmaeum Energy Co., Ltd.

This project is a public interest renewable energy project that constructs solar power generation facilities by utilizing slopes near national highways and national roads nationwide, idle land, and abandoned roads. It is characterized by the efficient use of land while practicing carbon neutrality.

Through the agreement, the two companies plan to participate in the Ministry of Land, Infrastructure and Transport's 'Highway Idle Land Project for Building Energy Self-Sufficient Roads' and jointly promote a total of 100MW-scale solar power generation project in three phases: 20MW in phase 1, and 10-20MW in phase 2. Upon completion of all three phases, approximately 130,000 MWh of electricity will be produced annually, enough to supply about 35,500 households.

Jaehoon Jeong, President of KHNP, said, "Taking this MOU as an opportunity, KHNP will actively promote renewable energy generation facilities in places with minimal environmental damage and no social costs," adding, "We will do our best to fulfill our role as a comprehensive energy company to practice carbon neutrality, including securing 12GW of new renewable facilities by 2034."

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