Korea Southern Power Co. holds a renewable energy investor briefing Thursday at the Korea Chamber of Commerce and Industry in Seoul, attended by officials from financial institutions, developers and equipment suppliers. Photo by Asia Today
May 28 (Asia Today) -- Korea Southern Power Co., also known as KOSPO, said Thursday it plans to deploy 11.2 gigawatts of renewable energy by 2040, with a focus on solar power and offshore wind.
The state-run power company presented its mid- and long-term renewable energy investment road map during an investor briefing at the Korea Chamber of Commerce and Industry in Seoul.
The event brought together domestic and foreign financial institutions, project developers, equipment suppliers and other renewable energy industry officials.
Korea Southern Power said it plans to add a cumulative 3.4 gigawatts of renewable energy capacity over the next five years and expand the total to 11.2 gigawatts by 2040.
