South Korea to have world's top solar plant
SEOUL, SOUTH KOREA - South Korea will have the world's largest solar power station in 2008 that will help the energy-poor country cope with high fuel costs.
South Korea's Dongyang Engineering and Construction and Germany's SunTechnics will build a 20-megawatt solar plant in South Korea's southwest port town of Sinan by 2008, the companies said.
The $169.5 million solar power station that has a generating capacity of 20 megawatts will be the world's largest solar power plant, Dongyang said in a statement.
"This will correspond to the annual power consumption of more than 6,000 households," it said. Germany's Bavaria solar plant is the largest with an 11 MW capacity.
The project is part of South Korea's plan to develop clean and renewable energy resources to reduce consumption of fossil fuel.
South Korea is the world's fourth-largest oil importer and second-largest gas buyer, and imports almost all of its crude oil requirements.
Related News

Next Offshore Wind in U.S. Can Compete With Gas, Developer Says
WASHINGTON - Massive offshore wind turbines keep getting bigger, and that’s helping make the power cheaper — to the point where developers say new projects in U.S. waters can compete with natural gas.
The price “is going to be a real eye-opener,” said Bryan Martin, chairman of Deepwater Wind LLC, which won an auction in May to build a 400-megawatt wind farm southeast of Rhode Island.
Deepwater built the only U.S. offshore wind farm, a 30-megawatt project that was completed south of Block Island in 2016. The company’s bid was selected by Rhode Island the same day that Massachusetts picked Vineyard Wind…