SEOUL, Aug. 20 (Korea Bizwire) — Hanwha Q Cells Co., a South Korean solar cell maker, topped the U.S. residential solar module market in the first quarter, industry data showed Tuesday. Hanwha Q Cell’s market share in the sector stood at 27 percent in the first three months of the year, sharply up 15.4 percentage [...]
DAEJEON, Mar. 26 (Korea Bizwire) — Experts are concerned over the problem that solar panels are being installed in areas that are ten times the size of forests being created to reduce fine dust. Rep. Kim Tae-heum, a member of the main opposition Liberty Korea Party, revealed that a total of 5,553 projects have been [...]
SEOUL, Nov. 20 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) said on Monday that it had installed solar panels for 60,375 households in Seoul as of October this year. The number of solar panels for household use has increased from 13,778 households in 2015 to 35,932 in 2017. So far, a total of 162,145 [...]
GUNSAN, Nov. 16 (Korea Bizwire) — A reservoir on the south bank of the Geum River has stayed idle except when it stores heavy rain to prevent flooding in the nearby industrial complex in Gunsan, a southwestern port city. The coastal reservoir has recently found a new role: The nation’s largest floating solar farm was [...]
SEOUL, Aug. 30 (Korea Bizwire) — Seodaemun District recently placed two solar panel benches with smartphone charging capabilities in the trendy neighborhood of Sinchon. One bench is placed near Arisu Park, and the other at the intersection in front of U-plex Mall. Samsung Galaxy S6 models or later versions and LG G3 and G4 models [...]
SEOUL, May 23 (Korea Bizwire) – As concerns over fine dust problems are seeing the newly formed Moon administration act swiftly to improve air quality, including closing down aging coal-fired power plants, eco-friendly solar energy businesses are attracting attention as a new private business model. According to renewable energy industry experts, private citizens with no [...]
SEOUL, April 26 (Korea Bizwire) – The South Korean government is continuing its efforts to encourage the use and trade of renewable energy including solar and wind power. A new initiative spearheaded by the Ministry of Trade, Industry and Energy (MOTIE) to install solar panels on the rooftops of around 2,500 schools by 2020 was revealed [...]
SEOUL, Oct. 17 (Korea Bizwire) – More homes in South Korea have installed solar panels in the past few years to reduce the cost of electricity, data showed Monday. According to the data compiled by Korea Electric Power Corp. (KEPCO), some 165,449 homes had rooftop solar panels as of June this year to make up [...]
SEOUL, Jan. 13 (Korea Bizwire) ― LG Electronics (LG) today announced plans to significantly expand its solar energy solution business with a multimillion dollar investment to expand its solar panel manufacturing capabilities in South Korea. LG entered into a memorandum of understanding with the Korean city of Gumi to invest USD 435 million (KRW 527.2 [...]
SEOUL, Sept. 17 (Korea Bizwire) – Sunny days might be everyone’s favorite but there is an extra reason for Kim Jin-woo, a 38-year-old living in the western district of Seodaemun, to be happy about sunlight all day long: It helps ease his electricity bills by producing power at his apartment. Since installing a single solar [...]