FROM: Daesung Group

[News Release]

Daesung Group’s SolaWin system to supply 
electric power and prevent desertification in Mongolia

- Provides eco-friendly power through the installation of the SolaWin 
  (solar + wind hybrid power) system

- Emerging as the standard model for combating desertification in Northeast Asia

[October 6th, 2010] Daesung Group (Chairman, Younghoon David Kim) held a ceremony to mark the completion of the Mandakh project, which will now supply electric power and help to prevent desertification in Mandakh, a village located 550km south of Ulaanbaatar, Mongolia.

 [Daesung Group's Solar System in Mandakh, Mongolia]

Daesung Group, a partner in the “International Greenhouse Gas Reduction Support Project” launched the Mandakh project in late 2008.  The government-sponsored project was carried out in conjunction with the Korea Energy Management Corporation (KEMCO: Chief Director, Tae Yong Lee).

Lee Choongmoo, CEO of Daegu City Gas Co., Ltd., Yun Suk Yoon, Vice Chief Director of KEMCO and Jung Il, Ambassador of the Republic of Korea in Mongolia, as well as important figures representing Mongolia including Bayar Baatar, Commissioner of Mongolia Energy Agency, Bat Bayar, Head of Renewable Energy Department of Mongolia Energy Agency and the governor Ganguyagh Dornogovi attended the dedication ceremony.

The SolaWin system, developed exclusively by Daesung Group, is the primary energy source in the Mandakh project.  Designed to make full use of the abundant sunlight and strong wind in the region, the SolaWin system will provide eco-friendly electricity for 150 households and 600 residents. A portion of the generated energy is to be used for a groundwater pumping system which will allow the local residents to grow crops such as potatoes and tomatoes.

Previously the Mandakh region was supplied with electric power generated by a diesel generator, which operated an average of only four to five hours a day. The generator, however, stopped working due to a lack of fuel. In addition, the shortage of power supply for residents has gotten worse as a wind power generator, installed in 2008 with the assistance of foreign aid, came to a stop because of insufficient capacity and a defective battery. Furthermore, the region suffers from water shortages, as the hand-operated pump at the center of the village can barely supply drinking water for the residents.

[The local residents are growing crops through groundwater pumping system]

Daesung Group installed a new 100kW solar power generator and also set up an independent 20kW solar-pumping system capable of pumping water up from 120m underground. A reservoir also has been built, which can store up to 2,000t.

“The project will improve the quality of lives for Mandakh residents,” said Daegu City Gas CEO Lee, the major subsidiary of Daesung Group and the key operator of the Mandakh project. “Our system will be accredited as a model for combating desertification in Northeast Asia, making full use of underground water to support afforestation efforts in the long-term.” He continued, “Daesung Group is positioning itself as a globally renowned eco-friendly company, actively launching public services and promoting the company’s superior renewable energy technology.”

SolaWin is a solar + wind hybrid power energy system, which Daesung Group designed in 2003. The system was successfully tested in 2005 in Nara, a suburban desert area in Mongolia. Daesung Group installed SolaWin system in Nalyah nearby Ulaanbaatar in 2009 and successfully completed the Green Eco-Energy Park Project thus contributing to the prevention of desertification through afforestation.

Daesung Group has successfully expanded into Kazakhstan, Bangladesh, and Ethiopia as well as Mongolia in 2010, earning praise for its SolaWin system. Daesung Group will further extend its overseas renewable energy business based on this proven technology.


※About ‘International Greenhouse Gas Reduction Support Project’
The Korean government currently is executing the East Asia Partnership Project, through which developing countries have been supported with 200 billion won over five years starting from 2008. The goal of the project is to build a bridge between advanced and developing countries in response to climate change. The International Greenhouse Gas Reduction Support Project, as a part of the East Asia Partnership Project, was conceived to deal with climate change and greenhouse gas reduction proactively in East Asia and provided 4.2 billion won for the Mandakh project.