KEPCO invests US$315 million in Sonora

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SONORA – The Korea Electric Power Corporation (KEPCO) opened a new 294 megawatt (MW) solar park in Sonora.  The company reported that the cost of the project was US$315 million and will generate electricity for the Canadian Solar company for the next 35 years. According to KEPCO, it is expected to make a profit of US $ 241 million during the period of operation of the plant once it recovers its US $ 47 million investment Jong Kap Kim, president of KEPCO, stated that this photovoltaic solar project is even more significant because it will help KEPCO's positioning be oriented to a Smart Energy Creator. Source: El Financiero