Gurin Energy Secures 379 MW Solar Power Business Licenses in Gwangju-Jeonnam

Gerin Energy's Solar Power Project. Gerin Energy

Gurin Energy, a Singapore-headquartered Asia-based renewable energy developer, announced on August 19 that it has secured electricity business licenses for a total of 379 megawatts (MW).

Earlier this year, Gurin Energy obtained electricity business licenses for a total of 216 MW for the Jindo Green Solar Power Project located in Jindo County. In addition, the company secured all required licenses for the Jindo Jido Salt Field Solar Power Project, which is also underway in Jindo County, covering the full project capacity of 65 MW.

The Goheung Nuri Solar Power Project, a ground-mounted solar project in Goheung County, has obtained business licenses for 98 MW to date, which amounts to half of the project’s final planned capacity. The Goheung Nuri Solar Power Project is jointly owned by Gurin Energy and Kumyang Green Power, a Korean renewable energy developer.

Gurin Energy stated that once all three projects are completed, the total installed capacity will reach approximately 500 MW. The annual electricity output is expected to match the annual consumption of around 200,000 households in Korea.

Gurin Energy expects that its solar power projects will contribute to the three major mega projects promoted by the Korean government, including the Honam Semiconductor Cluster.

Yeom Seong-oh, head of Gurin Energy's Seoul office, commented, “We are pleased to have made meaningful progress in business development by obtaining electricity business licenses for a total of 379 MW across three large-scale solar projects underway in Gwangju-Jeonnam Integrated Metropolitan City. The approval by the Ministry of Environment and Energy demonstrates Gurin Energy’s long-term commitment to the Korean market, our compliance with regulations, our emphasis on community engagement and environmental protection, and our systematic approach to project development and technical design.”

Meanwhile, Gurin Energy is currently developing solar and wind projects in Korea totaling approximately 600 MW. Headquartered in Singapore, its largest shareholder is Infratil, an infrastructure investment company dual-listed on the Australian and New Zealand stock exchanges. Infratil is managed by global infrastructure investor Morrison.

This content was produced with the assistance of AI translation services.