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Taking care of the next generation

Hyundai Heavy wins record solar power contract

Archived News, Posted on 07 Sep 2010

Written by Chris Sleight - 12 Aug 2010 (KHL.COM)

Hyundai Heavy Industries (HHI) has won the US$ 700 million contract to build the world's largest solar energy plant. The 175 MW facility will be split across two sites in Arizona, US.
The Engineering, procurement and construction (EPC) contract was awarded by US-based energy company Matinee Energy. It will see a 150 MW plant built near the Arizona town of Dragoon, with another 25 MW facility near Cochise. The deal is part of a larger scheme by matinee Energy to install solar plants with a total capacity of 900 MW across the California and Arizona regions.

The contract was signed in New York in the presence of HHI CEO Lee Jae-sung and COO Kim Kwon-tae. Under the agreement Hyundai will design, manufacture, install and test the entire system before handing it over to Matinee. The solar cells will be manufactured at HHI's plant in Eumseong, South Korea.
Commenting on the deal, Mr Kim said, "By successfully completing this project HHI will be recognised as an integrated solar power system provider which can not only make certain components but build large scale solar power plants."
Future Sustainability partner with Hyundai as they make dreams into reality. Hyundai when they enter into any market wish to make a statement about their intentions to be a global leader in there sector. Like when they built the worlds largest cargo ship which was considered inconceivable in its scale and application, Hyundai are now rewriting the record books with the worlds largest solar farm.

Future Sustainability are excited to be partnering with Hyundai Heavy Industries to be bringing their most efficient high quality premium panel into the Australian market. This product will be benefiting Australians for decades to come.

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