BayWa r.e. completes, sells 1-MW solar farm in S Korea

BayWa r.e Ground-mounted solar project in Cheorwon-gun, Gangwon-do. Image by BayWa.

November 11 (Renewables Now) - German renewables developer BayWa r.e. AG has completed the construction and switched on a 1-MW solar farm in South Korea, its first in the country, the company announced today.

Located in Cheorwon-gun, Gangwon-do province, the ground-mounted photovoltaic (PV) plant has already been sold to an unnamed investor.

“Our next step will be expanding the existing pipeline not only in terms of capacity but without limitation of applications such as floating-PV or Agri-PV,” ChanSoo Larry Kim, BayWa r.e. Korea Co Ltd head of project development, said, adding that the company is ready to support corporations working to meet green targets.

This solar project supports Baywa's plan to expand across the Asia Pacific region.

At present, BayWa r.e. Korea Co Ltd is also looking into investment opportunities in the onshore and offshore wind energy market, following South Korea's pledge to become carbon neutral by 2050.

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\