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.
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Wind has become the ‘most-used’ source of renewable electricity generation in the US
WASHINGTON - Last year saw wind generation in the U.S. overtake hydroelectric generation for the first time, according to data from the U.S. Energy Information Administration (EIA).
Released Wednesday, the figures from the EIA’s “Electric Power Monthly” report show that yearly wind generation hit a little over 300 million megawatt hours (MWh) in 2019. This was roughly 26 million MWh more than hydroelectric production.
Wind now represents the “most-used renewable electricity generation source” in the U.S., the EIA said.
Overall, total renewable electricity generation — which includes sources such as solar photovoltaic, geothermal and landfill gas — at utility scale facilities hit more…