Hyundai Heavy inks US$700 million to build solar power plants in Arizona

[jpak]

http://english.yonhapnews.co.kr/business/2010/08/11/28/0501000000AEN20100811005600320F.HTML

Hyundai Heavy Industries Co., South Korea's top shipbuilder, said Wednesday it has signed a US$700 million contract to build solar power plants in the United States.

Under the agreement with the U.S.-based Matinee Energy Inc., Hyundai Heavy will build two solar power plants in Arizona that generate 150 megawatts and 25 megawatts of energy, respectively.

The plants are slated to be completed by the end of 2012, the company said, adding that the 150-megawatt plant will be the biggest solar power plant in the world.

According to Hyundai Heavy, the solar modules for the new plants will be manufactured at the company's plant in Eumseong, 131 kilometers south of Seoul.

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[pscot]

1. What's wrong with this picture?

n/t

[jpak]

2. Everything

FU Ronald Reagan

yup

[madrchsod]

3. the banks won`t invest in american industry.

[drm604]

4. It's good to see the construction of renewable energy plants

and this is better than burning coal, but dammit, the equipment should be manufactured here!

[NC_Nurse]

5. Well, at least there won't be any ILLEGALS involved. Annd that's what

matters. Sigh.

[madokie]

6. More steps in the right direction

and fuck the gop and reagan