KOICA (Korea) to Bring Solar Power to Developing Nations

(HornTrade) – Korea International Cooperation Agency (KOICA) has begun its assistance of solar photovoltaic (PV) projects in the developing nations of Mongolia, Bangladesh, Ethiopia and Djibouti.
The official in KOICA’s climate change division revealed in late June that Daegu City Gas, Daesung Global Network, Green Asia, Dongshin Engineering & Consultants had concluded two-year contracts with Bangladesh, Ethiopia, Mongolia and Djibouti. “The PV project will take off from Ethiopia and Mongolia by the second half of this year at the earliest and proceed gradually to other countries.”
Meanwhile KOICA also settled a contract between LG CNS and Sri Lanka for the construction of a solar PV power plant in May.
LG CNS’s project in Sri Lanka is President Lee Myung-bak’s first step to implement his “East Asia Climate Partnership” declared at the G-8 summit meeting in 2008. The plan is to assist the developing nations to cope with climate change. Bangladesh suffers from a general lack of power supply, even in Dhaka, its capital city.
The Korean government decided to provide USD 2.5 million for the next two years to install 1,250 solar PV lamps (5,060kW each) and another 20 PV-irrigation pump (5kW) to help improve the quality of life and production of agricultural goods in the country.
Another 3 million dollars will be invested in Ethiopia over two years starting this August to establish a storage battery recharge system, pump with water distribution, street lamps and other facilities in the regions where KOICA has already established an elementary school and a family planning center.
“This way people in developing nations will get a better grasp of the concept of sustainable clean energy and that’s where the significance of this project lies,” said a KOICA spokesperson. “The project also coincides with government policy and secures a basis for Korean companies to advance abroad.”

Source : koreaittimes.com

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