Renewable Energy

Wind Power

Wind Power
Wind power is one of the fastest growing energy sources as well as solar energy. Compared to conventional power plants, wind turbines require shorter construction period and lower operating costs as there is no shortage or cost for energy source. Moreover, with the latest technology, LCOE (levelized cost of energy) for wind power is close to that of conventional power plants. Thus, its demands constantly increase, especially when cost and efficiency are considered as essential factors. Following the trends, DAELIM Energy has developed a variety of wind farms in Middle East and presently developing additional wind farms including offshore wind.

Solar Power

Solar Power
The most striking advantage of solar power plants is saving time for construction and operating cost, similar to that of wind power. Because solar power is a clean source of energy, it is more preferred and commonly used in developed countries, especially in developed countries. In an effort to reduce global warming, more and more countries are adopting a mandatory quota system or receiving subsidies from their governments for solar energy generation. At present, DAELIM Energy succeeded in developing PMGD Solar PV projects in Chile which is in operation, and carries its business by conducting Solar PV in Korea as well through regeneration of unused roads. DAELIM Energy’s key business strategy is to review business opportunities in developed countries that have already demonstrated solid profitability.

Biomass Cogeneration

Biomass Cogeneration
Biomass-fueled plants use organic matter (sugarcane, wood, soybean, etc.) as fuel to generate electricity, and their working principle is similar to that of thermal power plants. Biomass-fueled generation is an eco-friendly source of energy as recycling waste is a key part of the procedure. With this reason, it is a great business opportunities especially in the area where biomass is readily available, such as Southeast Asia. However, business is mostly restricted to regions that government subsidies as costs for construction and generation are relatively high.

DAELIM Energy is currently operating the Poseung Biomass Combined and Cogeneration Power Plant in Korea while looking for further business opportunities in both home and Southeast Asia.