South Korea bets on community solar to drive rural energy
South Korea will invest KRW 5.5 trillion (US$4 billion) from next year to roll out a nationwide network of community-led solar power projects aimed at boosting rural incomes,
South Korea has announced plans to introduce legislation next year to expand the deployment of agrivoltaics, enabling broader use of solar panels on agricultural land. Image: South Korean Ministry of Agriculture
The ministry first outlined its agrivoltaic strategy in April 2024, proposing to extend the permit period for unused farmland from eight to 23 years. Earlier this year, researchers concluded that solar is set to become the most cost-competitive energy source in South Korea by 2030 to 2035.
South Korea's investment in the energy transition came in at $25 billion last year. A clear and consistent policy framework is necessary to boost investor confidence and match the spending needs of a net-zero future.
Image: South Korean Ministry of Agriculture South Korea 's Ministry of Agriculture, Food and Rural Affairs plans to introduce a law establishing the legal basis for the deployment of agrivoltaics. Agriculture Minister Song Mi-ryung met with farmers and solar companies this week to discuss forthcoming agrivoltaic legislation.
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