GS EPS opens Asia's largest biomass plant
GS Group Chairman Huh Chang-soo, center, and Hur Dong-soo, fifth from right, GS Caltex chairman, pose along with other company executives during a tape cutting ceremony for a newly completed GS EPS biomass power plant, in Dangjin, South Chungcheong Province, Friday. / Courtesy of GS GroupBy Park Jin-haiGS EPS, a utility affiliate of GS Group, announced Friday that it has completed Asia’s largest biomass power plant in South Chungcheong Province.The utility firm spent three years building the plant in Dangjin, some 110 kilometers south of Seoul, at a cost of 300 billion won ($254 million).Biomass plants consume agricultural byproducts for power generation and have emerged as next generation renewable power plants. “To become a top-tier global company, we need creative strategies, rather than imitation, which will enable us to innovate ahead of others. Developing new products and technologies is important, but equally important is converging new ideas and existing products to make wholly new ones,” said GS Group Chairman Huh Chang-soo, during a ceremony to mark t
