Daewoo E&C Signs MOU for Smart Farm Demonstration Project Linked to Power Generation Business

Daewoo E&C announced on the 29th that it has signed a Memorandum of Understanding (MOU) for the 'Hydrogen Fuel Cell-Linked Converged Smart Farm Demonstration Research' using the country's first fuel cell power generation facility in actual operation, with Pocheon Private Power Plant and Korea Plant Service.

This MOU aims to conduct demonstration research on a converged smart farm by installing a container-type smart farm at the Pocheon Private Power Plant located in Sinbuk-myeon, Pocheon-si, Gyeonggi-do, and cultivating plants using by-product heat and CO2 generated from the power plant by 2024.

Typically, by-product heat and CO2 generated from power plants are discarded or collected and disposed of. However, appropriate heat and high concentrations of CO2 play an essential role in promoting crop growth, so utilizing them can achieve a win-win effect by cultivating crops while reducing greenhouse gas emissions and energy loss.

Going forward, Daewoo E&C will be responsible for financing, construction, and operation for the demonstration research under this agreement and plans to utilize the cultivated crops internally. Pocheon Private Power Plant will provide the site and supply fuel cell by-product heat and CO2, while Korea Plant Service plans to develop a smart farm-fuel cell linked business model.

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