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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Biggest offshore windfarm to start UK supply this week
LONDON - An offshore windfarm on the Yorkshire coast that will dwarf the world’s largest when completed is to supply its first power to the UK electricity grid this week.
The Danish developer Ørsted, which has installed the first of 174 turbines at Hornsea One, said it was ready to step up its plans and fill the gap left by failed nuclear power schemes.
The size of the project takes the burgeoning offshore wind power sector to a new scale, on a par with conventional fossil fuel-fired power stations.
Hornsea One will cover 407 square kilometres, five times the size of the nearby…