SEOUL, March 3 (Korea Bizwire) — The Seoul Metropolitan Government will be the first local government in South Korea to subsidize the installation of building-integrated photovoltaics (BIPV), which are used to replace conventional building materials and form an essential part of a permanent building’s structure.
The city said Monday it will invest a total of 1 billion won (US$838,600) this year to launch a pilot project to provide subsidies of up to 80 percent for the installation of BIPV materials at private buildings.
As part of the pilot project, the city will diversify recruiting areas such as new technology, design and general types to encourage the development of new technologies in the solar energy sector.
BIPVs are seen as the next generation of solar cells as they form an integral part of a buildings structure.
They represent an evolutionary development from existing solar modules limited building roofs, allowing solar cells to be installed as windows, outer walls and roofs.
BIPV materials are not only used for eco-friendly renewable energy production, but also to create an attractive urban landscape.
The city will recruit participants for the pilot project by Tuesday. The applicants will be owners or prospective owners of private buildings in Seoul.
City government officials will select the project participants by the end of March and launch operations in April, with the goal to wrap up installation by the end of the year, analyze future effects, and expand the supply of BIPV materials.
Meanwhile, the city plans to operate a consultative body consisting of architecture experts and solar energy experts to promote the supply of all-in-one solar energy at Seoul-style buildings.
“Building-integrated photovoltaics are an eco-friendly energy source that offer the benefit of zero fine dust or carbon emissions,” said Kim Ho-seong, head of the city’s green energy division.
Kevin Lee (kevinlee@koreabizwire.com)