AREVA and South Korea’s largest utility, Korea Electric Power Corporation (KEPCO) have signed a Memorandum of Understanding in the renewable energy sector.
AREVA will identify with KEPCO the commercial opportunities in its fields of expertise in renewable energy: offshore wind, energy storage, concentrated solar power, and biomass. It is in this last field that these two companies will focus their collaboration in Southeast Asia.
AREVA supplies integrated technological solutions and benefits from significant experience in the renewable sector with over 2,500 MW of bioenergy installed, 300 MW in concentrated solar power projects and 600 MW of offshore wind currently being installed.
Louis-François Durret, CEO of AREVA Renewables, said: “AREVA welcomes this new agreement with KEPCO, a client and historic partner of our group. This alliance confirms AREVA’s ambitions in renewables.”