South Korea’s Shinshung E&G says it will supply 47 MW of modules for the country’s first integrated renewable energy complex. It also recently signed a deal to expand its rooftop solar deployment in South Korea.

Shinshung E&G announced an agreement to supply 47 MW of photovoltaic modules for the Imha Dam floating solar project in Gyeongsangbuk-do Province, South Korea.

The project, described as the largest project of its type in South KoreaIt is also the first integrated renewable energy complex in the country. This means that it is run by the local government and residents. So far, 4,500 residents have invested in the project.

Under the terms of the agreement, Shinshung E&G will supply all 47 MW of solar modules that are required. A Shinshung E&G spokesman said: pv magazine Construction will begin in July and is expected to be completed in December.

The construction of the plant is expected to reduce carbon dioxide emissions by around 26,000 tonnes per year and provide electricity for around 16,000 households.

“It is significant that our modules are being supplied for the country’s first integrated, composite floating solar project,” said Choi Soo-ok, vice president of Shinsung E&G’s renewable energy business.

Shinshung E&G entered the photovoltaic industry in 2007 and currently operates a photovoltaic module production line with an annual capacity of 600MW.

Earlier this month, the company signed a memorandum of understanding with Singaporean firm Peak Energy and YSP to jointly develop a 50 MW portfolio of rooftop solar in South Korea. The agreement followed recent regulatory changes by the South Korean government to facilitate the deployment of solar on small plots and accessible rooftops.

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