Featured in Phoenix rising – 03-2013

Koreas cautious comeback

South Korea: As an advanced economy and electronics manufacturing giant, Korea would seem well situated to push the PV industry forwards. With limited domestic energy resources, PV could also be a major priority for its government and people. This possibility has long presented itself, however progress has been slow and false starts common.

By

Jonathan Gifford

01 Mar 2013

It’s now a story familiar to many in PV. A government promotes solar with a FIT and the industry grows quickly adding capacity. Seeing the cost of the FIT also grow, the government caps the FIT, then abolishes it and the industry stalls. This is largely how the PV installation growth pattern in Korea has …

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