Categories: International

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

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Leave a Comment
Share
Published by
Sumit Arora
6 years ago

Recent Posts

2026 Nobel Prize Winners: Categories Wise Complete Winners List

Nobel prizes in 2026 will be declared during the first half of October, and there…

14 hours ago

Robert E. Hall and Michael Woodford Win 2026 Economics Nobel Prize

The Nobel Prize in Economics for 2026 has been conferred upon two American economists, Robert…

14 hours ago

World Bank Mobilises $112 Billion in Private Capital as Developing Countries Face Debt Pressures

The World Bank has been in talks with 30-40 countries regarding possible assistance as a…

16 hours ago

Jantar Mantar Denotified as Protest Site: Delhi Names Three New Venues

Jantar Mantar in the National Capital, New Delhi has been de-notified as a protest venue…

16 hours ago

SEBI Credit Risk-o-Meter for Bonds: Six Colour-Coded Levels to Help Investors Assess Credit Risk

SEBI (ecurities and Exchange Board of India) has launched the Credit Risk-o-Meter on 7th of…

16 hours ago

Sunil Bharti Mittal to Receive France’s Highest Civilian Honour, Legion of Honour

Sunil Bharti Mittal, the founder and chairman of Bharti Enterprises, is set to be conferred…

17 hours ago