South Korea is planning to change its renewables targets as part of a host of energy policies from the country’s new government, which aims to increase the role of nuclear power.
South Korean developer SK D&D has signed a co-investment memorandum of understanding (MOU) with renewable energy investment fund manager Glennmont Partners to target opportunities in solar PV projects in South Korea.
South Korean conglomerate Hanwha Group has said it will invest US$3.3 billion in solar and wind technology and intends to create a solar R&D hub in Korea as part of a massive investment strategy focused on several industrial areas.
German investment firm Aquila Capital and South Korean renewable developer TopInfra have established a joint venture (JV) to develop solar PV, wind and battery energy storage system (BESS) projects in South Korea.
Q CELLS has revealed plans to develop a 41MW floating PV (FPV) power plant in South Korea that is set to rank among the world’s largest solar projects built at a dam.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
Chinese solar manufacturers have slammed South Korea’s decision to attach predetermined carbon emissions ratings to modules originating from China under the regulator’s new carbon footprint requirements.
Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.
JA Solar and BayWa r.e. have both participated in the development of new solar-wind hybrid facilities, with the former supplying modules for the largest project of its kind in South Korea.
Exports of solar products from China in January 2020 were around 35% lower than in the prior year period, according to an accumulation of official export data, recently released.
