KEPCO Inks Deal to Buy US Solar Power Plant
KEPCO.
Seoul - QNA
The state-run Korea Electric Power Corp. (KEPCO) on Sunday said it has signed a deal to buy a U.S. solar power plant, making inroads into the US electricity market.
Under the deal with Cogentrix Energy Power Management, part of the Carlyle Group LP, KEPCO will buy a 30 megawatt solar power plant in Alamosa, Colorado, South Korea's News Agency (Yonhap) reported.
The deal is estimated at US$34 million.
KEPCO said it will be able to generate $230 million in sales over a 26-year period by selling electricity there. The Alamosa plant started its operations in 2012.
Last year, KEPCO logged 4.9 trillion won ($4.4 billion) in sales in overseas markets, and aims to rack up 20 trillion won in overseas sales by 2025.
KEPCO is engaged in a variety of overseas businesses, including coal-powered and nuclear-powered plants and resources development in 22 countries.
Source : QNA
GMT 17:00 2016 Sunday ,28 August
KEPCO Inks Deal to Buy US Solar Power Plant
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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Festive Fashion by Dubai-based designer ASMARAÏA
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