Korea & Spain to expand green, digital partnerships

Korea and Spain have agreed to strengthen business cooperation in the green and digital sectors. A Spanish renewable energy firm, Ocean Winds, announced its plans to invest $100 million in the construction of a 1.2GW offshore wind farm in Incheon, and another renewable energy firm, EDPR, decided to invest $100 million to build a 200MW solar power plant in Goheung. Korea Institute of Energy Technology Evaluation and Planning and Centro para el Desarrollo Tecnológico Industrial (CDTI) renewed a memorandum of understanding (MOU) to extend the period of cooperation in joint R&D projects related to clean energy.

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