From left, Kim Yong-kwan, president of management strategy at Samsung Electronics' Device Solutions division, Gwangju Mayor Min Hyung-bae, Climate Minister Kim Sung-whan, KEPCO CEO Kim Dong-cheol and Yeom Seong-jin, president of SK hynix's communications division, pose after signing a power supply deal for the planned chip clusters in Yongin, Gyeonggi Province, and Jeonnam-Gwangju Special Metropolitan City at KEPCO's office in Seoul, Wednesday. KEPCO will supply 3 gigawatts of electricity to the new semiconductor industrial complex in the southwestern region from 2029, with plans to expand the cumulative supply to more than 6 gigawatts through additional facilities. The agreement follows up on the government’s initiative involving three megaprojects announced on June 29 and is intended to establish power-supply networks in line with the operating schedules of factories in the regions. Courtesy of Ministry of Climate, Energy and Environment