Green energy complex to cost $7 billion
SAEMANGEUM, SOUTH KOREA - South Korea's Samsung Group said that it would invest 7.6 trillion won US $7.01 billion from 2021 to build a green energy industrial park in the country producing wind power generators, solar batteries and energy storage systems.
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
Quebec premier inaugurates La Romaine hydroelectric complex
MONTREAL - Quebec Premier François Legault has inaugurated the la Romaine hydroelectric complex on the province's North Shore.
The newly inaugurated Romaine hydroelectric complex could serve as a model for future projects that are sorely needed in the province, Legault said.
"It brings me a lot of pride. It is truly the symbol of Quebec ingenuity," he said as he opened the vast power plant.
Legault was accompanied at today's event by Jean Charest, who was Quebec premier when construction began in 2009, as well as Hydro-Québec president and CEO Michael Sabia.
La Romaine is comprised of four power stations and is the largest…
