wiredinUSA May 2015

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Corning Incorporated has completed
its planned acquisition of fiber optics
assets from Samsung Electronics Co
Ltd. Corning will integrate the business,
with fiber optic manufacturing facilities
in Gumi, South Korea, and in Hainan,
China, into the Corning Optical
Communications business segment.
The acquisition is expected to augment
Corning’s market access and enhance
its portfolio of optical communications
products in Asia.
“We welcome Samsung Electronics’
talented team toCorning, and together
we look forward toexpandingCorning’s
global presence,” said Clark S Kinlin,
executive vice president, Corning
Optical Communications. “We are
enthusiastic about the opportunities
this operation provides in Korea and
throughout southeast Asia.”
Fiber acquisition
Marubeni Corporation and EDF Energies Nouvelles, a wholly-owned
subsidiary of Électricité de France (EDF), are to invest jointly in the
146MW Laberinto Project photovoltaic solar plant. Located in the
Chilean Atacama Desert, which has the highest level of irradiation
in the world, the finished plant will be connected to Chile’s northern
interconnected system.
The project is equally owned by EDF Energies Nouvelles and
Marubeni, and will contribute to the Chilean government’s aim
to generate 20 percent of the country’s power from renewable
energies by 2025.
EDF Energies Nouvelles has a built and commissioned portfolio of
over 10,000MW (gross) of renewable power plants. The Laberinto
Project is the third joint project betweenMarubeni and EDF Energies
Nouvelles following two projects in North America.
Uponcompletion,Marubeni’s total worldwidegenerationcapacity
will be 35,434MW (gross), 11,022MW (net).
Sun and sand
Joint plans to invest in the Laberinto Project photovoltaic solar plant. Photograph courtesy of www.thisischile.cl