Korea Western Power to build US$450m solar power plant in Vietnam

[THE INVESTOR] Korea Western Power and Shinsung Solar Energy will jointly undertake a US$450 million solar power project in Vietnam.

According to the memorandum of understanding the two companies signed on June 28, Korea Western Power and Shinsung Solar Energy will build a 300-megawatt solar power station in Dak Nong province in southern Vietnam.

Korea Western Power said that it will use this project to expand further into overseas renewable energy markets.

By Choi He-suk (cheesuk@heraldcorp.com)