Daesung Group (CEO, Younghoon David Kim) participated in The 9th International Green Energy Expo Korea 2012 to tell attendees about various green projects the group is conducting.
This is the Daesung Group’s booth, where the corporation displayed information on its LFG (landfill gas-to-energy) and RDF (refuse-derived fuel) businesses. People in attendance gave these project favorable reviews.
One of the big draws of the Expo was Korea’s first solar power tower system, developed by Dasung Energy Co., Ltd. VIP participants from abroad were especially interested in this project.
Daesung Group has more than 60 years of know-how and technological expertise. Now, the corporation moves forward to deliver total energy solutions, focusing on energy areas as natural gas and renewable energy. Presenting Korea’s future in renewable energy to famous foreign minds through solar power generation systems was a highlight of the Expo.
The solar power tower system uses 450 heliostats, 2 meters in length and width, to concentrate sunlight at the top of the tower. The solar receiver, placed 50 meters high, generates heat up to 1000℃.
Daesung Group has invested time and effort unsparingly to create and improve the landfill gas-to-energy business. Landfill gas is created when waste buried under ground decays to produce gases that can be used as a resource. Fifty to sixty percent of landfill gas is methane (CH4). Methane can be used to generate electricity and as a heating fuel. The most important aspect about the landfill gas business is its ability to reduce methane gas emissions released into the air, thus helping to prevent global warming. Methane is 21 times toxic than carbon dioxide on the global warming index. As a result, the CDM Project was developed and has prospered thanks to the climate change treaty.
*CDM (Clean Development Mechanism) Project – allows developed countries to implement emission-reduction projects in developing countries, enabling them to earn reduction credits and gain CERs (Certified Emission Reductions) by reducing greenhouse gases.
Dasung Energy Co., Ltd. also presented the RDF business model, which produces energy by making solid fuel from indrustrial waste or home waste. The technology to make refuse-derived fuel (RDF) uses combustible waste and is a great way to help improve the environment by replacing fossil fuels, which produce greenhouse gases.
Lastly, Daesung Group presented its foreign green energy business. Since 2003, the corporation has supplied a solar photovoltaic (PV) energy generating system to Mongolia through the SolarWin Project. The goal of the project is to install the system on a 3.3-million-square-meter site and to provide electricity and draw well water for afforestation. The World Energy Council recently selected the Daesung Group’s GEEP Project as a model energy project in the Asia-Pacific region for three years, from 2008 to 2010. The project has become the standard model for prevention of desertification in the world.
The photovoltaic module, placed in the middle of the Daesung Group’s booth, shows Expo visitors what a green future can be. Daesung Group will devote itself both to the domestic energy market and to providing energy to developing countries through renewable energy projects.
Written by: energy.Korea.com