Business Models for the Global Market
Daesung Group has firmly established itself as a leader in the ever-changingConcentrating Solar Power System
Korea’s first concentrating solar tower power system, which provides high-efficiency environmentally safe energy, is located on a 20,300 m2 plot of land and features a 50m tall tower. As the execution agency in this demonstration project, Daesung Group has demonstrated its committed to the development of sustainable energy as a leader in the improvement of technology for low-carbon green growth initiatives.
Overview
| Name | Development of the 200 kW Solar Power Tower System |
|---|---|
| Period | Dec. 2008 ~ Sep. 2011 (34 months) |
| Execution Agency | Daesung Energy |
| Participants | DIC, NanoCMS, MaxTECH |
| Consignment Agencies | KIER, SNUT, Inha Univ., KNUT |
| Site | Nearby the North Daegu IC, KOREA |
| Area | 20,300 ㎡ |
Purpose
There is a growing demand for renewable energy not just in Korea, but all over the world. Thus the purpose of this project was to develop local technology that could be commercialized and exported to energy markets around the world. Notable successes include:
About
With the support of Korea’s Ministry of Trade, Industry and Energy and the city of Daegu, this project budgeted at 11.6 billion KRW involved the design and construction of a 50m tall tower capable of generating 200kW on a 20,300 m2 plot of land located near the north Daegu interchange. The tower type CSP generates electricity by using 450 heliostats to concentrate solar energy to produce the heat source for the tower’s generator where temperatures can reach 700~1000℃. With the successful development of the technology for this project’s generation cycle, Korea now has its own proprietary CSP system technology.
System Conceptual Diagram
