Financial Times FT.com

Doosan focuses energy on renewables

By Song Jung-a in Seoul

Published: November 16 2009 19:30 | Last updated: November 16 2009 19:30

Doosan Heavy Industries & Construction, South Korea’s biggest power plant and equipment maker, is stepping up its shift into renewable energy as orders for traditional power plants continue to fall.

The group, which has spent Won300bn ($260m) on clean energy over the past five years, said it planned to invest an additional Won700bn by 2013 to develop power generation technology with no carbon gas emissions.

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