South Korea to Build World’s Largest Offshore Wind Farm

President Moon Jae-in-led, South Korea Government has approved a plan to build the world’s largest wind power plant in the country by 2030. Currently, the world’s largest offshore wind farm is Hornsea 1 in Britain, which has 1.12 GW capacity.

WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual

About the project:

  • The project will help to foster an environmentally-friendly recovery from the COVID-19 pandemic and fasten the step to achieve the target of becoming carbon neutral by 2050.
  • The estimated cost of the project is 48.5 trillion won ($43.2 billion).
  • The Windpower Plant will be located in the southwestern coastal town of Sinan. It will have a maximum capacity of 8.2 gigawatts.

Important takeaways for all competitive exams:

  • South Korea Capital: Seoul.
  • South Korea Currency: South Korean won.

Find More International News

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *