Developer

Woori Bank

go.wooribank.com

Total capacity of implemented projects

50 - 250 MW

Countries of projects presence

1

Energy, Solar Energy, and Hydroelectric Power.

Woori Bank is a leading financial institution based in South Korea that has been at the forefront of renewable energy development in the country. The bank has been actively involved in financing and investing in renewable energy projects, particularly in the wind, solar, and hydroelectric power sectors. The bank's commitment to renewable energy has been driven by its vision to promote sustainable development and reduce carbon emissions in the country.

The bank's renewable energy portfolio includes a wide range of projects, from small-scale community-based projects to large-scale utility projects. The bank has invested in several wind energy projects across the country, including the 30 MW Yeongam Wind Farm in South Jeolla Province, the 33 MW Seosang Wind Farm in Gangwon Province, and the 60 MW Donghae Wind Farm in Gangwon Province. These projects have helped to increase the country's wind energy capacity and reduce its dependence on fossil fuels.

In addition to wind energy, Woori Bank has also been actively involved in financing and investing in solar energy projects. The bank has invested in several large-scale solar energy projects, including the 45 MW Gochang Solar Power Plant in North Jeolla Province and the 30 MW Jeonju Solar Power Plant in North Jeolla Province. These projects have helped to increase the country's solar energy capacity and reduce its reliance on fossil fuels.

Woori Bank has also been involved in financing and investing in hydroelectric power projects. The bank has invested in several hydroelectric power projects, including the 20 MW Guryongpo Hydro Power Plant in Gyeongsang Province and the 30 MW Jangsu Hydro Power Plant in North Jeolla Province. These projects have helped to increase the country's hydroelectric power capacity and reduce its dependence on fossil fuels.

Woori Bank's commitment to renewable energy is not just limited to financing and investing in projects. The bank has also taken several initiatives to promote renewable energy in the country. The bank has launched several programs to provide financial support to small-scale renewable energy projects, such as community-based solar and wind energy projects. The bank has also launched several awareness campaigns to educate the public about the benefits of renewable energy and encourage them to adopt renewable energy in their daily lives.

Woori Bank's commitment to renewable energy has been recognized by various organizations. The bank has received several awards for its contribution to renewable energy development in the country. In 2018, the bank was awarded the "Green Finance Award" by the Korean Ministry of Environment for its outstanding contribution to green finance and sustainable development. The bank was also recognized as the "Best Bank for Renewable Energy Financing" by the Global Banking and Finance Review in 2019.

Woori Bank's commitment to renewable energy is not just limited to its domestic operations. The bank has also been actively involved in financing and investing in renewable energy projects in other countries. The bank has invested in several renewable energy projects in Vietnam, including the 30 MW Phong Dien Solar Power Plant and the 50 MW My Son Solar Power Plant. These projects have helped to increase Vietnam's renewable energy capacity and reduce its dependence on fossil fuels.

In conclusion, Woori Bank is a leading financial institution that has been at the forefront of renewable energy development in South Korea. The bank's commitment to renewable energy has been driven by its vision to promote sustainable development and reduce carbon emissions in the country. The bank's renewable energy portfolio includes a wide range of projects, from small-scale community-based projects to large-scale utility projects. The bank's initiatives to promote renewable energy in the country have been recognized by various organizations. The bank's commitment to renewable energy is not just limited to its domestic operations, as it has also been actively involved in financing and investing in renewable energy projects in other countries.