alstomAlstom announced it had received a contract from a major Korean company engineering and construction for the supply of wind turbines for the wind farm Gimnyeong in Jeju Island, Korea.

The French company will aim to provide and supervise the installation and commissioning of 10 onshore wind turbines equipped with masts of 90 meters and displaying a power of 3 MW each. Once in operation, the wind farm will have a capacity of 30 MW.

The wind farm will be operated by SPC Gimnyeong “Gimnyeong wind power” and should be fully operational by the end of 2014. GS Power & Electrical Services (GS EPS), the majority shareholder of SPC is a leading independent power producer in Korea with 1,500 MW of operating assets.

“It is an honor to support the efforts of Korea in favor of increasing the share of renewable energy, and help the country achieve its goal to increase its wind capacity to more than 20% of the . overall capacity by 2027 this market is vital for Alstom, it is indeed our first wind contract in the Korean market, “said Yves Rannou, Senior Vice President of Alstom Wind.

Korea has a population of over 50 million. Due to limited domestic energy sources and strong domestic demand, Korea depends 96% from abroad to cover its energy needs. To diversify its energy resources and promote the growth of domestic production, Korea has recently renewed its commitment to renewable energy.

Between 2011 and 2015, investments in wind power as a renewable energy source is expected to reach 10.000 billion South Korean won. In October 2013, a project was launched under the National Energy Plan to increase the share of wind of 7.3 to 12 GW by 2030.

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