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Interview

상단비쥬얼이미지

Rethinking Green

Eurus Energy Korea is working closely with
local governments and private companies to help
Korea move toward a brighter—and greener—future

  • 이미지1

       Just three years later, Eurus and POSCO, Korea’s leading engineering and construction corporation, completed construction of Taegisan Wind Farm. The complex, located on the ridge of Mt. Taegi, is home to 20 wind turbines. It’s capable of supplying energy to about 25,000 households while cutting down on carbon dioxide emissions by some 60,000 tons a year. EEK also operates two solar power plants in Jeolla-do: the South-West Sunchang Photovoltaic

  • Power Plant and the Jindo Photovoltaic Power Plant. But that’s not all—EEK works closely with Korea’s power and construction companies through the establishment of joint ventures.
       Although EEK is taking full advantage of Korea’s great business environment, Tsuchimoto says the Korean government can do more. “Korea’s financial market needs to be more open. If difficulties in procurement and various regulations that hinder business expansion can be resolved, I think the country can significantly improve its appeal as an investment destination.”
       Tsuchimoto mentions that gaining goverment approval for building renewable energy generation facilities in Korea is a difficult and complicated process. However, the government’s levy exemption certificate system,

  • designed to accelerate the introduction of renewable energy across the country, has encouraged the company to actively pursue further business in Korea. Despite its significant impact on Korea’s renewable energy sector, EEK is not resting on its laurels, instead choosing to make a mark that goes well beyond the nation’s borders.



    By Esther Oh
    Executive Consultant/
    Investment Public Relations Team
    Korea Trade-Investment
    Promotion Agency (KOTRA)
    estheroh@kotra.or.kr
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