YEONGDONG, Sept. 5 (Korea Bizwire) – A series of court rulings have been made indicating that local governments are justified in disallowing solar power facilities that are recklessly installed amid the renewable energy craze. On June 29, the Supreme Court rejected an appeal filed by a solar power company against Yeongdong County, North Chungcheong Province, [...]
SEOUL, Jul. 18 (Korea Bizwire) — The installed capacity of solar and wind power rose 52 percent on-year in the first half of this year, leading the growth of renewable energy. Solar energy and wind power accounted for 92.6 percent of the total supply of renewable energy in the first half of the year, the [...]
POHANG, Mar. 20 (Korea Bizwire) — A South Korean research team has developed a new device that can maximize the efficiency of solar power generation even on cloudy or rainy days. The researchers from Pohang University of Science and Technology, the Korea Institute of Machinery and Materials and Kyung Hee University developed a new technology [...]
SEOUL, Jan. 10 (Korea Bizwire) — From October 2019, a new underground garden will open to Seoul citizens. The underground garden will be located in a vacant space that connects Jongro Tower and Jonggak Station on subway line 1. The project’s core facility is a ‘sunlight lighting system’, which transmits sunlight from above the surface [...]
SEOUL, Dec. 23 (Korea Bizwire) — The average total costs of generating solar energy in South Korea will go down below 100 won (US$0.1) per 1 kilowatt hour five years later, a parliamentary report said Sunday. According to the report, the levelized cost of energy (LCOE) of solar power will decline to below 100 won [...]
SEOUL, Oct. 11 (Korea Bizwire) — Seoul Mayor Park Won-soon pointed out that “satellite photos of Seoul show how empty the roofs in Seoul are,” suggesting that at least one-third of all roof space be transformed into gardens or solar power generation stations. Park, at a policy debate on urban agriculture held at Seoul City [...]
SEOUL, Sept. 17 (Korea Bizwire) — More than eight in 10 South Koreans favor the increased use of renewable energy on the grounds that it is clean and inexhaustible, a poll showed Monday. According to the survey of 1,003 South Koreans across the nation, 86.2 percent of respondents said they are in favor of the [...]
SEOUL, Aug. 30 (Korea Bizwire) — Hyundai Motor Co., South Korea’s top automaker, said Wednesday it will create a solar power plant on its export pier in the southeastern city of Ulsan to generate clean energy. Hyundai Motor will install a 27-megawatt solar power plant on its shipping pier and a test driving center in [...]
SEOUL, Jun. 15 (Korea Bizwire) — Samsung Electronics revealed yesterday that it will be installing solar power generators at all of its business facilities in the U.S., Europe and China. In Korea, some but not all facilities will be equipped with solar power generating systems. To kick off the initiative, Samsung will install solar panels [...]
SEOUL, Sept. 27 (Korea Bizwire) – A meeting held on September 25 was attended by officials from the Ministries of Trade, Industry and Energy and Foreign Affairs and representatives from the South Korean solar power industry to discuss potential repercussions from looming U.S. protectionist activity. The meeting was held in the aftermath of the USITC’s [...]