South Korea plans to increase its solar-generated power by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix. South Korea plans to provide a fifth of the country’s total amount of electricity from renewable energy by 2030, up from 7 percent in 2016. To meet that goal, it plans to add 30.8 GW of solar power generating capacity and 16.5 GW of wind power capacity by 2030.
As of 2017, South Korea has 5.7 GW of generating capacity from solar power and 1.2 GW from wind power. The additional capacity will come from major projects, as well as by converting individual households, farms and small businesses to renewable energy, the ministry said. South Korea aims to have one out of 30 households equipped with solar power generation by 2022, the ministry said, and to emphasize renewable energy projects with generating capacity of about 5 GW between 2018 to 2022.
Source: Reuters, Dec 20, 2017