Hyundai group in 130MWh South Korea solar-plus-storage contracts

Hyundai group in 130MWh South Korea solar-plus-storage contracts

Hyundai group in 130MWh South Korea solar-plus-storage contracts Energy Storage Journal

 

Two affiliates of South Korean firm Hyundai Engineering & Construction group, itself a part of the Hyundai Group, will build a 130MWh energy storage system co-located with a 65MW solar farm in Seosan, South Korea, reported the country’s news outlets Yonhap News Agency and Joongang Daily on April 4.

The company has awarded a W100 billion ($94 million) contract to Hyundai Heavy Industries Green Energy and Hyundai Electric & Energy Systems, the reports state. Both affiliates are part of Hyundai Heavy Industries.

The latest projects are in South Chungcheong in the northwest of South Korea.

Solar panel maker HHIGE will supply the modules and invertors while Hyundai Electric will build the system. Joongang reported the PV panels would be installed this year with commercial production beginning next year.

Last December Hyundai Electric announced it was to build a 150MW lithium ion system in Ulsan, on the southeast coast of the country, for metal smelting firm Korea Zinc. That system is expected to come online in February 2018.