Cash-strapped Doosan Heavy improves financial health via self-rescue plan |
This file photo, provided by Doosan Heavy Industries & Construction Co. on Aug. 12, 2020, shows a view of the power plant builder s plant in Changwon, 398 kilomters south of Seoul. (Doosan Heavy Industries & Construction Co.)
Cash-strapped Doosan Heavy Industries & Construction Co. has improved its financial health this year by selling new shares and assets and receiving financial help from its holding company Doosan Corp. and key shareholders, a local rating appraiser said Thursday. Doosan Heavy has been improving its financial status and reducing its debts on the back of Doosan Group s self-rescue plan, NICE Investors Service said in its report.
Doosan Heavy teams up with local govt. to build offshore wind farm |
This file photo, provided by Korea Offshore Wind Power on Oct. 27, 2020, shows a test site of the offshore wind farm to be built in seas off the coast between Gochang County and Buan County, which is about 250 kilometers southwest of Seoul. (Korea Offshore Wind Power)
South Korea s top power plant builder Doosan Heavy Industries & Construction Co. said Thursday that it has joined forces with a local government to build an offshore wind farm in seas off the coast of the southwestern part of the country.
Doosan Heavy signed a deal with the government of North Jeolla Province to cooperate on the construction of a 2.4-gigawatt offshore wind farm to be completed by 2028, a 14 trillion-won ($12.8 billion) project, the company said in an emailed statement.
Doosan Heavy Teams Up with Local Gov’t to Build Offshore Wind Farm
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This file photo, provided by Korea Offshore Wind Power on Oct. 27, 2020, shows a test site of the offshore wind farm to be built in seas off the coast between Gochang County and Buan County, which is about 250 kilometers southwest of Seoul.
SEOUL, Dec. 17 (Korea Bizwire) South Korea’s top power plant builder Doosan Heavy Industries & Construction Co. said Thursday that it has joined forces with a local government to build an offshore wind farm in seas off the coast of the southwestern part of the country.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Vena Energy Selects Doosan GridTech To Deliver Queensland’s Largest Grid-Scale Energy Storage System (100MW/150MWh)
December 14, 2020 GMT
BRISBANE, Australia (BUSINESS WIRE) Dec 14, 2020
Vena Energy-Australia has named Doosan GridTech as its engineering, procurement, and construction (EPC) partner to build Queensland’s largest energy storage system. This battery energy storage system (BESS) will play a major role in improving grid stability and supporting the state’s shift to renewable energy. Located near Wandoan in the state’s southwest region, the BESS will have a discharge capacity of 100MW and deliver 150MWh enough to provide power for 57,000 homes.
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