Article

The Saemangeum Floating Solar Power Project will establish a 1.2GW capacity facility by 2029, overcoming previous grid connection challenges. An MOU was signed between Jeonbuk Province, Saemangeum Authority, KEPCO, and KHNP, focusing on an innovative connection method that reduces the length of the connection line from 15km to 2km.

This change is expected to save approximately KRW 200-300 billion in project costs. The initiative aims to promote local energy production and enhance regional economic development. Minister Kim Sung-hwan emphasized the project's role in revitalizing the local economy and attracting businesses with affordable electricity.