Featured in Upside of China's downturn – 12-2019

A lightbulb moment for South Korea

South Korea’s Renewable Energy 3020 Implementation Plan – to hit 20% renewable energy by 2030 and 35% by 2040 – is bold but realistic. Buoyed by a rising middle class, homegrown technological excellence and a future-focused mentality, the next miracle on the Han River might well be solar-fueled, writes Hanwha Q Cells’ Ian Clover.

By

pv magazine

09 Dec 2019

Image: Hanwha Q Cells

According to the World Bank, South Korea is the world’s sixth-largest consumer of electricity. One glance at the glowing skylines of Seoul, Busan and Daegu hints at just why the nation used 565 terrawatt hours (TWh) of electricity in 2018, and will surpass that figure this year.Contrast Korea’s position as the world’s sixth-most electricity-hungry nation, …

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