Business · Energy & Commodities · 6 hrs ago

Solar project stalled after operator spends 800 million won on land

Solar project stalled after operator spends 800 million won on land

A solar operator says it spent 800 million won on land for a project.

The operator says it cannot proceed because it cannot use the power grid.

Without grid access, the project cannot go ahead, according to the operator.

The land purchase has left the operator's money tied up.

The account does not say where the land is or why grid access is unavailable.

No resolution or next steps are described.

1 source

Related

What people are saying

Solar project operatorSolar project operator
Wouldn't it be bewildering to spend hundreds of millions of won to secure land for a solar project, only to suddenly be told you can't use the electricity grid and therefore can't proceed?
via Chosun Ilbo