Hyundai builds 1.37 GW solar cell factory in South Korea
The first 650 MW production line will be deployed by the end of June. The cells produced at the manufacturing facility will be used exclusively for Hyundai’s module production.
Hanwha Q Cells secures 300 MW order for 2.1 GW floating complex in South Korea
The Korean manufacturer was chosen as a preferred bidder for a portion of the Saemangeum solar complex. The company will likely supply its special panels for floating PV for the project.
South Korea wants to deploy another 2.1 GW of floating PV by 2030
The country’s Ministry of Environment has revealed that five dams have already been identified for a total of 147 MW of projects. The new target is part of South Korea’s plan to become carbon-neutral by 2050.
Australian iron ore producer, South Korean steelmaker agree to green hydrogen future
Fortescue Metals Group Chairman Andrew ‘Twiggy’ Forrest returned to Western Australia last week after a four-month worldwide search for green energy projects and resources. One of the deals secured on the trip was a circular green hydrogen partnership with South Korean steelmaker Posco.
South Korea opens its renewable energy market to PPAs
Power purchase agreements will be allowed between renewable energy producers owning plants with a capacity of more than 1 MW and electricity consumers. Local utility Kepco, however, will keep serving as an intermediary.
South Korea to introduce new rules for PV recycling
The South Korean authorities plan to introduce new rules for PV waste recycling in 2023. Several recycling facilities are already being built, including one by the government, with a combined capacity of 9,700 tons.
South Korean solar sector contests ‘unconstitutional’ biomass incentives
Dozens of solar companies are claiming renewable energy certificates issued for “wood-burning” biomass technology are unconstitutional as most such facilities are fueled by wood pellets co-fired with coal in older power plants. A constitutional court decision is expected within two years.
South Korea’s largest hybrid solar-wind project
A 133 MW hybrid solar-wind power plant linked to 242 MWh of storage is currently being built in a mountainous area in South Korea. Chinese manufacturer JA Solar has provided the modules for the PV section.
South Korea’s largest floating PV plant now online
Developer Scotra claims that the project is the second-biggest floating PV array outside of China.
Norwegian tech for Korea’s giant floating solar complex
Floating PV specialist Ocean Sun and South Korean energy company EN Technologies have signed an agreement to develop the pilot projects of the 2.1 GW floating solar site planned near the Saemangeum tidal flat, on the coast of the Yellow Sea.
