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China Daily: Hong Kong Edition
This undated handout photo released by Jeju Smart Grid Test-Bed on June 15, 2012 shows a wind power plant district on the southern resort island of Jeju. (PHOTO / AFP)
South Korea unveiled a 48.5 trillion won (US$43.2 billion) plan to build the world’s largest wind power plant by 2030 as part of efforts to foster an environmentally-friendly recovery from the COVID-19 pandemic.
The project is a major component of President Moon Jae-in’s Green New Deal, initiated last year to curb reliance on fossil fuels in Asia’s fourth-largest economy and make it carbon neutral by 2050.
Moon attended a signing ceremony in the southwestern coastal town of Sinan for the plant, which will have a maximum capacity of 8.2 gigawatts.