(ADPnews) - Dec 15, 2010 - South Korean steelmaker Posco (SEO:005490) announced yesterday that its energy unit is planning to construct a 300 MW solar power plant in Boulder City, Nevada, the US.
Posco Power will set up a joint venture (JV) with California-based renewable power developer Sustainable Energy Capital Partners (SECP).
The project, touted as the world's biggest to date, is expected to by launched by 2014. Once operating, it could supply clean power to 60,000 homes in the state.
According to Posco Power's president Cho Soung-sik, the company will roll out and operate various power plants with a combined capacity of 1 GW at home and abroad by 2020.
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