Water, Nature, and Humankind
News on / 2024. 11

  • 01 K-water agrees to supply eco-friendly floating photovoltaic solar energy from Hapcheon Dam to Lotte Chemical

    K-water and Lotte Chemical signed on October 11 an MOU on PPA as Phase II of the Hapcheon Dam Floating Photovoltaic Power Project. In Phase II of the Hapcheon Dam Floating Photovoltaic Power Project, a power generation facility with 20㎿ capacity will be built on the surface of Hapcheon Dam in Daebyeong-myeon, Hapcheon-gun, Gyeongsangnam-do. The facility is capable of generating 26,618㎿h per year on average, enough for approximately 10,000 households to use for a year.
    According to the MOU, K-water will provide renewable energy generated from floating solar panels to Lotte Chemical under a PPA, the first one involving floating solar energy. The MOU is not only intended to help Lotte Chemical, a key exporter, reach RE 100 but has also adopted a model for sharing profit from power generation with local residents; thus broadening the prospect of future floating solar energy projects.

  • 02 30th anniversary of Lake Sihwa

    K-water held a ceremony on October 10 to commemorate the 30th anniversary of Lake Sihwa and declared its vision for Sihwa District.
    Since its creation in 1994, the artificial lake has faced major setbacks due to wastewater discharges from nearby factories but was eventually reborn as an ecological treasure trove where nature and humans coexist peacefully. In the process, K-water has been deeply involved in getting the lake where it is today by operating the tidal power plant on the lake through participation in the governance, building the Banwol/Sihwa National Industrial Complex as a major industrial and logistics hub of Seoul and Gyeonggi area, and creating “Sihwa Multi-Techno Valley,” a hi-tech city in Ansan and Siheung. The Lake Sihwa Tidal Power Plant produces 552GWh of clean energy a year, enough for some 50,000 people to use for a year. The clean energy is expected to be a key resource in the era of carbon economy following the designation of RE 100 Special District by Gyeonggi-do Province. At the ceremony, K-water shared the major milestones of the past 30 years since the creation of Lake Sihwa and suggested ways to respond to a shift in urban paradigm and promote a balance among industry, tourism, and environment.

  • 03 K-water wins presidential citation in disaster management evaluation

    K-water has won a presidential citation as the best organization in the 2024 Disaster Management Evaluation by the Ministry of Interior and Safety. The evaluation is intended to assess the overall disaster management competence of disaster management organizations. This year, K-water was recognized for embracing scientific approaches in managing water including water management digital twin and AI water purification plants, successfully fulfilling its role as a responsible public corporation in responding to various disasters including droughts, storms, and heavy rains in the southern region of the country. Moreover, K-water was cited for excellent performance in “the National Core Infrastructure’s Disaster Management Evaluation” and “Disaster Response for Safet Korea Drill” in 2023, proving its excellent disaster management competence in three evaluations by the Ministry.

  • 04 Daejeon to Host ICOLD

    Daejeon has been finally selected as host of the 95th International Commission on Large Dams scheduled for 2027. Korea will again host the international event, 23 years after it was held in Seoul in 2004. Over 1,500 people from more than 70 countries are expected to participate in the 2027 ICOLD annual conference, with KRW 4.3 billion in economic effects expected. As a result, Korea’s status in the global water resources community will also be raised. This is the first major outcome of the strategic agreement signed by K-water and the city of Daejeon in January 2024 to implement the government policy of promoting the era of regional autonomy and development.
    “Since year 2027 marks the 60th anniversary of K-water’s foundation, it is particularly meaningful to host a major international event and we at K-water will make sure that everything goes smoothly so that our water management technology is well-recognized by the international community. We will also do our best to promote shared growth with the local community,” K-water president Yun Seog-dae said.

  • 05 K-water wins Europe’s biggest HR development award.

    K-water has won the 2024 UNLEASH Award at the Unleash World Conference. As the No. 1 HRD event in Europe, The UNLEASH Conference recognizes corporations for innovative achievements in the HR and HRD field. Previous winners include Google, S&P, and Loreal among others, and K-water is the first Korean company to win the award. The award is a recognition of the K-Professional program based on K-water’s HR development approach of pursuing efficiency based on public interest.

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