Omnik solar inverter manufacturers >> news >> South Korean goverment announced supporting solar pv industry
Korean Knowledge Economy Ministry said that South Korean government
will scale up to 100 megawatts of solar energy equipment to support
the solar energy industry, thereby enhancing the competitiveness of
Korean energy field.
South Korean Ministry of Knowledge Economy plans to create a
domestic market in the short term to improve the industry operating
rate. In order to ensure liquidity, the Korean government will build
the total size of up to 260 megawatts of solar power equipment in the
next three years. Meanwhile, the new renewable energy obligation
quota (RPS, Renewable Portfolio Standard) from 230 MW to adjust to
330 MW in 2013. New renewable energy obligation quota refers to the
energy supply unit must be the new renewable energy sources,
including the supply of a certain percentage.
Chinese government is also preparing a long term supporting for
the expansion of solar energy projects, in order to reduce their
dependence on the international market to ease the pressure on the
survival of the photovoltaic enterprises.
European Photovoltaic Industry Association (EPIA) expects Chinese
new PV installed capacity will reach 3GW-5 GW in 2012 and new
installed capacity will increase to 4.5GW-10GW in 2016, the
cumulative PV capacity total will reach 39.1GW.
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