ID :
36547
Fri, 12/19/2008 - 20:25
Auther :
Shortlink :
http://m.oananews.org//node/36547
The shortlink copeid
Daesung Group to build solar thermal power plant
(ATTN: CORRECTS dollar conversion in para 3)
SEOUL, Dec. 19 (Yonhap) -- Daesung Group, an energy-focused business
conglomerate, said Friday it will build a solar thermal power plant in
southeastern South Korea, as part of government efforts to reduce greenhouse gas
emissions.
The tower-type plant with 200 kilowatts of generation capacity will be built at a
site near the city of Daegu, 302 kilometers southeast of Seoul, Daesung said in a
statement.
The Ministry of Knowledge Economy and two private companies will invest a total
of 11.6 billion won (US$8.98 million) to build the plant by 2010, according to
the statement.
Unlike traditional solar panel plants, a solar thermal power plant generates
electricity by concentrating the sun's heat using mirrors and other lenses. The
heat can then be stored and used to generate power when needed.
(END)
SEOUL, Dec. 19 (Yonhap) -- Daesung Group, an energy-focused business
conglomerate, said Friday it will build a solar thermal power plant in
southeastern South Korea, as part of government efforts to reduce greenhouse gas
emissions.
The tower-type plant with 200 kilowatts of generation capacity will be built at a
site near the city of Daegu, 302 kilometers southeast of Seoul, Daesung said in a
statement.
The Ministry of Knowledge Economy and two private companies will invest a total
of 11.6 billion won (US$8.98 million) to build the plant by 2010, according to
the statement.
Unlike traditional solar panel plants, a solar thermal power plant generates
electricity by concentrating the sun's heat using mirrors and other lenses. The
heat can then be stored and used to generate power when needed.
(END)
