Eco Factor: Renewable power plant to develop 2.5GW of electricity by 2016.
Samsung C&T and Korea Electric Power Corporation (Kepco) have signed a contract to develop a new $6 billion renewable power plant complex in a small rural town near Toronto in southern Ontario. The companies hope to generate 3.7KWh per square meter from solar plants at the site and harvest wind energy as well.
The plan is to generate a whopping 2.5GWs of renewable electric power by 2016 from the solar and wind energy generators spanning over 202.3 square kilometers, making it the largest solar and wind cluster in the world. Under the deal, the Korean consortium will operate the new power cluster for a period of 20 years.
Via: JoongAng Daily
