[Solar: South Korea to break ground on 400MW Haenam solar complex]

Published: Aug 7, 2026 16:55

Save

South Korea will hold a groundbreaking ceremony on Aug. 7 for the 400MW Haenam solar complex, the country’s largest solar project to date. Located in southern South Korea, the project will be built on around 4.79 million square meters of idle land, including reclaimed saline land, and is expected to be completed in 2028. Once operational, it will generate about 529GWh of electricity annually, equivalent to the consumption of around 130,000 Korean households, and supply companies and industrial complexes with 100% renewable energy targets. The project will use domestically produced modules, cells and inverters, with Hanwha QCells selected to supply cells and modules. It will also include a resident participation and profit-sharing mechanism, returning around KRW 150 billion in generation profits to the local community over the project period.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

15 hours ago

[SMM PV Flash]

According to SMM, as the recent US-Iran tensions have continued to push up international crude oil prices, driving ethylene prices higher, petrochemical producers' production costs have risen further. This week, leading petrochemical producers' weekly settlement price for PV-grade EVA last week is expected to increase to 10,500 yuan/mt.

15 hours ago

16 hours ago

[SMM PV News] Recently, environmental impact assessments for over 1 GW of PV projects have been approved!

Recently, PV projects of CNNC, China Huaneng Group, Datang Group, and CHN Energy located in Shandong, Hebei, Shaanxi, and Anhui have successively obtained environmental assessment approvals, with a total capacity exceeding 1 GW.

16 hours ago

[SMM PV Flash] BC Hardcore Strength Crowned | TCL Zhonghuan Wins 2026 "Quality Triumphs in China" Comprehensive Electrical Performance Excellence Award

On September 3, the 2026 "Quality Wins China" PV+ESS Grand Ceremony and Awards, hosted by TÜV Rheinland Group, was grandly held in Suzhou, Jiangsu. TCL Zhonghuan won the "Quality Wins China" PV Module Comprehensive Electrical Performance Excellence Award thanks to its products' outstanding measured electrical performance and stable, reliable power generation. This evaluation used random sampling of mass-produced products for actual testing, serving as an authoritative certification of the real-world power generation capability and overall quality of TCL Solar modules.

16 hours ago