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S. Korea’s First Profit-sharing ‘Solar Village’ Born

S. Korea’s First Profit-sharing ‘Solar Village’ Born

GONGJU, Jan. 11 (Korea Bizwire) — South Korea’s first solar village, where local residents jointly produce electricity and share the profits, is now online. The South Chungcheong Provincial Government built and started operating a solar power plant in Eomuli village in Gongju, 160 kilometers south of Seoul, through what is being called a ‘profit-sharing solar [...]

S. Korea’s Cumulative Solar Power Capacity Up Sharply Under Moon Administration

S. Korea’s Cumulative Solar Power Capacity Up Sharply Under Moon Administration

SEOUL, Oct. 21 (Korea Bizwire) — South Korea’s cumulative solar power capacity has more than quadrupled since President Moon Jae-in took office in 2017, a lawmaker said Wednesday. According to the data that Rep. Lee Joo-hwan of the main opposition People Power Party received from the National Assembly Budget Office and the Ministry of Trade, [...]

Korea East-West Power on Track to Install Solar Power Generation Blocks in Road Surface

Korea East-West Power on Track to Install Solar Power Generation Blocks in Road Surface

SEOUL, Aug. 23 (Korea Bizwire) — The state-run utility Korea East-West Power Co. announced that together with a local company, it had succeeded in developing road surface block-type solar power generation technology for the first time in South Korea. This technology enables the production of electricity by installing solar power generation blocks in various road [...]

Forecasting System to Reduce Volatility of Solar and Wind Power Generation

Forecasting System to Reduce Volatility of Solar and Wind Power Generation

SEOUL, Sept. 21 (Korea Bizwire) — The South Korean government plans to introduce a forecasting system for renewable energy power generation as a way to better cope with the volatility in solar and wind power generation. Under the forecasting system, 20 megawatt-plus solar and wind power generators should report the predicted amount of renewable energy [...]

Government’s Nuclear Phase-out Policy Responsible for Surge in Landslides ?

Government’s Nuclear Phase-out Policy Responsible for Surge in Landslides ?

SEOUL, Aug. 10 (Korea Bizwire) — Amid a string of landslides following heavy downpours across the country, some are blaming the solar power facilities installed on a number of mountain slopes across the country as one of primary factors behind the increase in landslides. In particular, some claim that the number of such facilities increased [...]

Court Puts Brakes on New Solar Energy Facilities over Environmental Damage Concerns

Court Puts Brakes on New Solar Energy Facilities over Environmental Damage Concerns

SEOUL, Nov. 27 (Korea Bizwire) – A South Korean court has put the brakes on the controversial development of solar energy facilities in mountainous areas, over concerns about environmental damage. On Tuesday, the Cheongju District Court ruled against the plaintiffs in a lawsuit filed by two solar power companies against Eumseong County, North Chungcheong Province, [...]

SK Energy to Produce Solar Power at Truck Service Stations

SK Energy to Produce Solar Power at Truck Service Stations

SEOUL, Nov. 20 (Korea Bizwire) — SK Energy Co., South Korea’s leading refiner under SK Innovation Co., said Wednesday its solar power facilities will begin commercial operation in the upcoming months as the company further expands its presence in environment-friendly energy market. SK Energy said its truck service station in Changwon, 400 kilometers southeast of [...]