[Bulgaria_Renewables Now] Seoul seeks to add 1 GW of residential solar by 2022
Seoul seeks to add 1 GW of residential solar by 2022
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November 23 (Renewables Now) - The government of Seoul on Tuesday announced plans to pour KRW 1.7 trillion (USD 1.56bn/EUR 1.32bn) in a new initiative that aims to boost the residential solar sector by adding 1 GW of capacity by 2022.
The goal of the “Solar City Seoul” project is to lower the dependence of South Korea’s capital on nuclear power generation, mayor Park Won-soon said at a press conference, as cited by local media. The master plan will involve seven separate initiatives that will be subdivided into 59 projects.
A major component of the scheme will be to increase the number of residential photovoltaic (PV) facilities to one million and having one out of three households equipped with solar panels. For comparison, only 3,000 households in Seoul had miniature solar generators at their properties in 2014, while the number this year stands at 18,000. Households with fitted PV panels on verandas and rooftops are currently 30,000.
As part of the initiative, Seoul will also install PV panels at major buildings and parks and designate these areas as solar energy landmarks or solar energy special districts. The city expects to save 540,000 tonnes of greenhouse gas emissions per year through the measures.
(KRW 1000 = USD 0.921/EUR 0.778)
The goal of the “Solar City Seoul” project is to lower the dependence of South Korea’s capital on nuclear power generation, mayor Park Won-soon said at a press conference, as cited by local media. The master plan will involve seven separate initiatives that will be subdivided into 59 projects.
A major component of the scheme will be to increase the number of residential photovoltaic (PV) facilities to one million and having one out of three households equipped with solar panels. For comparison, only 3,000 households in Seoul had miniature solar generators at their properties in 2014, while the number this year stands at 18,000. Households with fitted PV panels on verandas and rooftops are currently 30,000.
As part of the initiative, Seoul will also install PV panels at major buildings and parks and designate these areas as solar energy landmarks or solar energy special districts. The city expects to save 540,000 tonnes of greenhouse gas emissions per year through the measures.
(KRW 1000 = USD 0.921/EUR 0.778)