Samsung C&T's Green Energy Projects: Leading the Way in Qatar and Beyond
Key Ideas
- Samsung C&T is strategically reorganizing its construction sector around low-carbon energy, focusing on solar, hydrogen, and SMR projects.
- The company is currently working on Qatar's largest solar power project, aiming to supply power to 1.5 million households.
- In addition to solar power, Samsung C&T is actively pursuing business opportunities in green hydrogen and small module nuclear power plants (SMR) in countries like Australia and Oman.
- Through global partnerships and investments, Samsung C&T is strengthening its position as a global leader in next-generation energy solutions.
Samsung C&T's construction division is making significant strides in the green energy sector with a focus on renewable energy projects like solar power, hydrogen, and small module nuclear power plants (SMR). The company is currently undertaking Qatar's largest solar power project, commissioned by Qatar Energy, with a power generation capacity of 875MW. This project, once completed, is expected to supply electricity to around 1.5 million households in Qatar.
Samsung C&T's successful completion of the Guam Mangilao Solar Project has paved the way for its involvement in the Qatar project, boosting its reputation as a leader in energy solutions. The company is also venturing into green hydrogen projects in Australia, leveraging its expertise and networks in renewable energy.
In Oman, Samsung C&T has teamed up with global firms to secure exclusive business rights for green hydrogen and ammonia projects. Additionally, the company is investing in SMR technology through partnerships with companies like U.S. Newscale Power, aiming to expand its presence in Eastern Europe and Asia.
Through collaborations with global partners, Samsung C&T is establishing a strong value chain for new energy businesses. The company's focus on technology development for storing liquefied hydrogen has led to the acquisition of the world's largest liquefied hydrogen storage tank design certification, enabling it to store up to 2,800 tons of liquefied hydrogen at cryogenic temperatures. Samsung C&T's efforts demonstrate its commitment to leading the way in sustainable energy solutions on a global scale.
Topics
Certification
Renewable Energy
Solar Power
Construction
Market Leader
Eco-friendly
Energy Solutions
Business Expansion
Global Partnerships
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