12.6MW Rooftop Solar Facility, the Largest in the Seoul Metropolitan Area, Opens at Oido SteelLand in Siheung

Siheung Invests 20 Billion Won in 20 Idle Rooftops Through Private Funding
Supplying Power to RE100 Companies; 18 Billion Won Returned to Complex Over 20 Years
Mayor Byeongtaek Lim: "We Will Expand This Win-Win Model to Enhance Corporate Competitiveness"

A 12.6MW rooftop solar power generation facility, the largest of its kind in the Seoul metropolitan area, has been established at Oido SteelLand in Siheung, Gyeonggi Province. This "corporate solar income" model produces renewable energy through private capital, with the proceeds from power generation used for improving the environment of aging industrial complexes.

At the solar power facility completion ceremony held on the 15th at Steel Land SB Center, Im Byung-taek, Mayor of Siheung, and officials from related organizations are taking a commemorative photo. Provided by the Siheung City Office

The SteelLand management association and Etasolar Co., Ltd. held a completion ceremony for the solar power facility at the SteelLand SB Center on the 15th. The event was attended by more than 100 people, including Mayor Byeongtaek Lim of Siheung, Siheung City Council members, Gyeonggi Province officials, Korea Industrial Complex Corporation, and representatives from local tenant companies.

Approximately 20 billion won in private capital was invested in the project. Solar power facilities were installed on the unused rooftops of 20 SteelLand buildings, with commercial operations beginning in July.

With a generation capacity of 12.6MW, this accounts for about 10% of the total approved solar power capacity in Siheung. The electricity produced will be supplied to RE100 participant companies in Korea, including data centers and pharmaceutical firms.

The revenue from power generation will also benefit the industrial complex. Over the next 20 years, tenant companies will receive approximately 18 billion won as roof rental fees and for fostering mutual growth between companies. This capital will be used to lower management costs and accumulate funds for long-term repairs, thereby supporting modernization projects such as elevator replacements, creation of new disaster prevention rooms, and road repairs for aging common facilities.

In the Siwha National Industrial Complex, which has been in existence for more than 30 years, the SteelLand example has sparked the development of megawatt-class rooftop solar projects in neighboring industrial complexes. Siheung City supported administrative procedures such as permitting in cooperation with related agencies.

Mayor Byeongtaek Lim of Siheung stated, "This project is a meaningful achievement accomplished through the voluntary collaboration between resident companies and private businesses. Producing renewable energy will help companies fulfill their RE100 commitments, and the income generated from sunlight will create a virtuous cycle that revitalizes aging industrial complexes."

He added, "Moving forward, we will build a system in which key institutions and companies such as Seoul National University Hospital, the pharmaceutical and bio complex, and data centers that serve as growth engines for Siheung can stably utilize locally produced renewable energy. The changes started at SteelLand will spread throughout the industrial complexes, enhance corporate competitiveness, and lay the foundation for making Siheung a city that's good for business."

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