GS EPS Co Ltd is a South Korean company that specializes in developing renewable projects in the sectors of Biomass & Waste, Conventional Power, and Fuel Cells. The company was established in 2001 as a subsidiary of GS Holdings, which is one of the largest conglomerates in South Korea. GS EPS has since become a leading player in the renewable energy sector, with a focus on developing sustainable solutions to meet the growing demand for clean energy.

Biomass & Waste

One of the key areas of focus for GS EPS is the development of biomass and waste-to-energy projects. The company has a number of projects in this sector, including the Goseong Biomass Power Plant, which is capable of generating 20MW of electricity from waste wood chips and sawdust. The plant is located in the Goseong County of Gangwon Province and is one of the largest biomass power plants in South Korea.

Another notable project in this sector is the Hwaseong Biomass Power Plant, which is capable of generating 50MW of electricity from wood chips and other biomass materials. The plant is located in Hwaseong City, Gyeonggi Province, and is one of the largest biomass power plants in Asia. The Hwaseong plant is expected to reduce greenhouse gas emissions by approximately 300,000 tons per year, which is equivalent to the emissions of 60,000 cars.

Conventional Power

In addition to biomass and waste-to-energy projects, GS EPS also develops conventional power projects. The company has a number of coal-fired power plants in operation, including the Samcheok Green Power Plant, which is capable of generating 4,000MW of electricity. The Samcheok plant is one of the largest coal-fired power plants in the world and is equipped with state-of-the-art technology to minimize environmental impact.

GS EPS is also involved in the development of hydroelectric power projects, including the Yeongwol Hydro Power Plant, which is capable of generating 60MW of electricity. The plant is located in Yeongwol County, Gangwon Province, and is designed to harness the power of the Nakdong River.

Fuel Cells

Another area of focus for GS EPS is the development of fuel cell projects. The company has a number of fuel cell power plants in operation, including the Gyeonggi Green Energy Fuel Cell Power Plant, which is capable of generating 59MW of electricity. The plant is located in Hwaseong City, Gyeonggi Province, and is one of the largest fuel cell power plants in the world.

GS EPS is also involved in the development of hydrogen fuel cell vehicles, with a focus on commercial applications. The company has partnered with Hyundai Motor Company to develop fuel cell buses, which are being used in public transportation systems in South Korea.

Sustainability

GS EPS is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. The company has set a target to reduce greenhouse gas emissions by 30% by 2030, compared to 2017 levels. To achieve this target, GS EPS is investing in renewable energy projects and implementing energy efficiency measures at its facilities.

The company is also committed to social responsibility and has implemented a number of initiatives to support local communities. GS EPS has established a foundation to support education and cultural activities, and has provided funding for disaster relief efforts.

Conclusion

GS EPS Co Ltd is a leading developer of renewable energy projects in South Korea. The company has a strong focus on sustainability and is committed to reducing its environmental impact. With a portfolio of projects in the sectors of Biomass & Waste, Conventional Power, and Fuel Cells, GS EPS is well-positioned to meet the growing demand for clean energy in South Korea and beyond.