Green energy complex to cost $7 billion
The complex will be built in the west coast area of Saemangeum, where South Korea is operating a reclamation project, Samsung Group said in a statement.
South Korea's No.1 business conglomerate with nearly 70 affiliates is expanding into new businesses such as solar cells in search for future growth engines.
Related News

Secret Liberal cabinet document reveals Electricity prices to soar
TORONTO - The short-term gain of a 25 per cent reduction in rates this summer could lead to long-term pain as a leaked cabinet document forecasts prices jumping again in five years.
In the briefing materials leaked and obtained by the Progressive Conservatives, rates will start rising 6.5 per cent a year in 2022 and top out at 10.5 per cent in 2028, when average monthly bills hit $215.
That would be up from $123 this year once the rate cut — the subject of long-awaited legislation unveiled Thursday by Energy Minister Glenn Thibeault — takes full effect. There will be another…