INTIEAKorea · Korea & Spain to expand green, digital partnershipsPolicyIn force

Korea & Spain to expand green, digital partnerships

Korea and Spain have agreed to strengthen business cooperation in the green and digital sectors. A Spanish renewable energy firm, Ocean Winds, announced its plans to invest $100 million in the construction of a 1.2GW offshore wind farm in Incheon, and another renewable energy…

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Country / jurisdiction: Korea · Year: 2021 · Status: In force · Level: National · Type: Voluntary

Korea and Spain have agreed to strengthen business cooperation in the green and digital sectors. A Spanish renewable energy firm, Ocean Winds, announced its plans to invest $100 million in the construction of a 1.2GW offshore wind farm in Incheon, and another renewable energy firm, EDPR, decided to invest $100 million to build a 200MW solar power plant in Goheung. Korea Institute of Energy Technology Evaluation and Planning and Centro para el Desarrollo Tecnológico Industrial (CDTI) renewed a memorandum of understanding (MOU) to extend the period of cooperation in joint R&D projects related to clean energy.

Official source: https://english.motie.go.kr/en/pc/pressreleases/bbs/bbsView.do?bbs_seq_n=856&bbs_cd_n=2&currentPage=1&search_key_n=&search_val_v=&cate_n=

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https://www.iea.org/policies/13919

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