April 4 (Renewables Now) – Hyundai Engineering & Construction Co Ltd (KRX:000720) has awarded KRW 100 billion (USD 94.5m/EUR 77m) in contracts for the construction of a 65-MW solar plant and 130 MWh of energy storage capacity in Seosan, South Korea.
According to local media reports, Hyundai Heavy Industries Green Energy will supply the photovoltaic (PV) modules and inverters for the solar plant. Hyundai Electric & Energy Systems, on the other hand, will equip and build the battery storage facility. Both firms are part of the Hyundai Heavy Industries Group.
The solar park is planned to start commercial operations in January 2019.
At the start of April, Hyundai Heavy Industries (KRX:009540), or HHI, also announced the completion of a 150-MWh energy storage system at the Onsan refinery of Korea Zinc Co. The facility, built in eight months, is touted as the world’s largest industrial energy storage unit.