LG CNS completes largest floating solar power plant
LG CNS, the system integration-providing affiliate of LG Group, has completed the world’s largest floating solar power plant in South Korea.
Starting from the new facilities in Sangju, North Gyeongsang Province, LG CNS said it plans to push the floating solar power business and build plants that can produce more than 50 megawatts (MW) of electricity by next year.
“The floating solar power plants have been built using the unique energy solutions of LG CNS,” High-tech Business Division Executive Vice President Kim Tae-keuk said. “We will continue to expand the local eco-friendly business by tapping into our advanced wireless technologies.”
The new solar power plants can produce 8,600MWh of electricity a year, which is enough to supply 2,400 households, preventing 3,600 tons of carbon dioxide emissions, the company said.
Floating solar power plants are considered among the most eco-friendly forms of energy generation because they do not need forests to be cleared.
LG CNS said floating solar power plants provide the fish a habitat and reduce the spread of green algae. The company also said these plants have up to 15 percent higher output as the water around them cools the solar panels.
Adding the two new facilities in Sangju, a total of ten floating solar power plants are operating in Korea. If five percent of water reservoirs are used for floating solar power generation, about 4,170MW of electricity a year can be produced, which can substitute for four nuclear power reactors, according to the company.
LG CNS has developed its energy management system solutions with the aim of becoming a smart-grid and energy business. It also organized a task force in July to push for growth in the energy sector.
The company has operated large-scale solar power plants at home and abroad. In Korea, it runs plants in Taean, South Chungcheong Province, and in Yeonggwang, South Jeolla Province. Including plants in Bulgaria and Japan, the company has established solar power plants that can produce a total of 170MW of electricity.