LG Electronics, Hyundai Heavy join U.S. solar power deal

SEOUL Sun Apr 18, 2010 9:21pm EDT

SEOUL (Reuters) - South Korea's LG Electronics and Hyundai Heavy Industries have joined a $1 billion solar power project in the United States as lead partners, their U.S. partner said on Monday.

Matinee Energy Inc said in a statement the project, involving the building of solar power plants with total capacity of 240 megawatts, would be joined by additional partners.

Matinee is targeting utility scale solar energy plants primarily in the southwest United States.

(Reporting by Rhee So-eui; Editing by Jonathan Hopfner)

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Comments (2)
Does LG really stand for Life’s Good?

Apr 18, 2010 10:04pm EDT  --  Report as abuse
swee wrote:
Lucky Goldstar =) Rebranded themselves about a decade ago I think.

Apr 18, 2010 11:05pm EDT  --  Report as abuse
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