41 MW Floating Solar Plant Completed in South Korea
a regional south korean floating PV professional has actually completed construction of a 41 MW floating solar setup for the Korea Water Resources firm. The plant
Nov 26, 2021 // Plants, Floating PV, South Korea, floating PV, Asia, Hanwha Q Cells, net-zero, Scotra, Hapcheon Dam
South Korea Plans to Quadruple Solar Power From Factory Rooftops
from factory areas around the country currently, according to the statement. south korea lacks the available land to develop massive solar farms. The project aims to
Apr 12, 2023 // Markets & Finance News, Rooftop PV, South Korea, Asia
The major floating PV plant in Saemangeum (South Korea) stands up for its rights
Defense Ministry of south korea announces that the 2.1 GW floating solar station, which is to be installed next to Saemangeum mud flat, on the Yellow Sea shore, is
Nov 4, 2019 // Plants, Large-Scale, Commercial, Floating PV, South Korea, floating PV, Asia, Choi Hyun-soo
South Korea's biggest hybrid solar-wind project
biggest hybrid solar-wind projects, a 133 MW plant under construction by south korea's EPC LS Electric. The panel manufacturer said its modules will be used to
Aug 27, 2020 // Plants, Large-Scale, Commercial, South Korea, JA Solar, Asia
South Korea Counts On Floating Solar To Overcome Land Scarcity
last year's end, south korean solar developer Scotra completed the building of a 41 MW floating solar installment on a reservoir on the Hapcheon Dam. The
Mar 8, 2022 // Floating PV, South Korea, Asia, International, Scotra, floating solar plants, hydroelectric systems, reservoirs
South Korea has added 1.64 GW of solar so far this year
south korea’s Ministry of Trade, Industry and Energy (MOTIE) announced in a press release this week that the country’s newly installed PV capacity for the first seven months of this year has reached approximately 1.64 GW. For comparison, in 2018 – south korea’s best year in terms of new PV deployments – new capacity reached 2.02 GW. This means that, if the current trend continues throughout the remaining part of 2019, the country will post another record. By the end of July, the nation’s cumulative installed solar capacity had reached approximately 9.5 GW. In 2017 and 2016, new PV additions reached 1.3 GW and 889 MW, respectively. The MOTIE also noted that new capacity has already exceeded the government’s 1,632 MW target for 2019. Of the total thus far, around 92.1%, or about 1.5 GW, has come from PV installations below 1 MW in size. The provinces of Jeonbuk, Jeonnam and Chungnam have the largest share of this new capacity, with 17%, 18.3% and 14.0% of the total, respectively. Domestic panels The MOTIE also stressed that the quality of solar modules has improved considerably. “In 2018, the share of photovoltaic modules with efficiency of more than 18% accounted for only about 35%, but this year their share increased to more than 80%,” it stated, while also noting how panels made in south korea accounted for 69% of domestic installations. south korea currently plans to install 30.8 GW of solar by 2030. This ambitious target is expected to be achieved by building giant solar parks, such as a recently announced 2.1 GW floating solar project and a 3 GW ground-mounted PV array that was announced for the Saemangeum area by south korean President Moon Jae-in in November. In order to support the domestic solar industry, the south korean government is also considering the introduction of a new regulation to prioritize PV projects with low carbon footprints and high-efficiency modules.
Aug 9, 2019 // Plants, Large-Scale, Commercial, Floating PV, South Korea, floating plant, MOTIE, Domestic panels
Q CELLS to build floating solar plant on Hapcheon Dam in South Korea
PV nuclear power plant, which will certainly be set up at the Hapcheon Dam in south korea. In August, the firm won the rights from the Korea Water Resources Institute
Nov 17, 2020 // Plants, Large-Scale, Commercial, Floating PV, Q CELLS, South Korea, floating PV, Asia, Hee Cheul Kim
South Korea bets on tandem solar technologies
south korea's Ministry of Trade, Industry as well as Energy (MOTIE) has released a brand-new roadmap for the residential solar module market that envisages a solid bank on high-efficiency as well as costly products such as panels based on tandem solar cells. According to the file, residential solar manufacturers as well as research institutes expect tandem solar cell technology based on silicon and also perovskite to be one of the most encouraging candidate for PV items of the future generation. The Korean semiconductor as well as display markets, according to the MOTIE, may play a decisive duty in this transition by providing its know-how in silicon product and also thin movie development. Public investments of around KRW 190 billion ($159.7 million) will be dedicated to study on tandem PV technologies over the following five years with the hope of reaching an efficiency of 26% by 2023 as well as also of 35% by 2030, the MOTIE specified. Moreover, it means to allot an additional KRW 25 million to develop a 100 MW R&D facility for screening of TOPCon, heterojunction and also tandem solar modern technologies. Additionally, the MOTIE will allocate an additional KRW 98 million for solar research tasks. These consist of developing incorporated photovoltaics (BIPV) and also floating PV, to name a few. The choice to bet on a high-grade and also pricey modern technology such as tandem PV responds to the very same reasoning that led the south korean federal government to introduce in May brand-new regulations which will certainly see the carbon impact of solar energy projects considered when focusing on brand-new setups. The brand-new guidelines will resemble those used in France, where big scale solar tenders take low-carbon production right into account, in addition to the price developers settle on for the power generated. south korea, like France, has a considerable nuclear power generation capability which will help the low-carbon efforts of residential solar panel suppliers. According to current research from France, PV modules made with tandem solar cells will certainly need to reveal performances of 30% as well as use the very same lifetime and degradation price as typical crystalline panels if manufacturers wish to hit business manufacturing. According to the paper-- which assesses the prospective competition of tandem modules against crystalline silicon products-- commercial versions of the latter will certainly get to efficiencies of 22-24% by the end of the decade, as well as potentially 25% if interdigitated back-contact (IBC) heterojunction products get to commercial manufacturing. In September 2019, scientists from south korea's Ulsan Institute of Science and Technology demonstrated a brand-new technique of fabricating perovskite-on-silicon tandem gadgets, utilizing a clear conductive adhesive to integrate the two cells. The scientists have created tools with demonstrated efficiencies of 19.4%, and recommend methods to bring that over 24% using existing modern technology.
Sep 3, 2020 // Technology, Manufacturing News, South Korea, solar cells, Asia, MOTIE
BayWa r.e. to work on South Korea solar debut via new office
r.e. has added south korea to its list of target markets, dropping its anchor in Seoul to oversee the deployment of its first solar pipeline in the country.
Sep 26, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, pv power plants, Asia, Korea, baywa r.e., apac, utlity-scale pv
South Korea presents carbon footprint policies for solar modules
south korea's Ministry of Trade, Industry and also Energy (Motie) has actually expanded the regulations which will certainly see the carbon footprint of solar power projects thought about when prioritizing brand-new setups. With the government having revealed its intent to analyze the carbon impact of solar panels in March in 2015, as well as industry reps gotten in touch with on the proposition in recent months, Motie has defined the new laws, which are due to enter pressure from June 15. Crystalline silicon module carbon footprints-- for Korean as well as imported items-- will be approximated making use of a life process evaluation (LCA) of their environmental effects which adheres to Oriental common KS I ISO 14040. The brand-new regulations will certainly echo those applied in France, where big range solar tenders take low-carbon production right into account, as well as the cost developers agree to accept for the power created. south korea, like France, has a considerable nuclear power generation capacity which will certainly assist the low-carbon initiatives of domestic photovoltaic panel makers. Motie in January released figures which contradicted media declares Chinese panel manufacturers had been aggressively wearing down the market share of Korean solar makers. According to the federal government department, Oriental solar business offered around 72% of the nation's PV panels in 2016, 73.5% the following year, 72.5% in 2018 and 78.7% in 2014. Throughout the same duration, according to Motie, the proportion of Chinese panels on the Korean market dropped from 28% to 26.5%, 27.5% and 21.3%, specifically. "The record mentioning that Chinese firms dominate [the] Oriental PV market is not true," stated the federal government at the time.
May 29, 2020 // Manufacturing News, South Korea, Asia, solar modules
South Korea's biggest floating PV plant now on the internet
south korean floating PV specialist Scotra has ended up constructing a 25 MW floating solar plant on a tank in Goheung area, in the south korean district of Jeollanam. The business finished the very first 9 MW stage of the project last October, yet it did not connect the 2nd 16 MW part to the grid until now. It developed the project with its plastic advances as well as corrosion-resistant alloy steel frameworks. It did not expose any other technological information. Nonetheless, Scotra did claim that it is presently developing 2 more large PV projects in Korea-- a 40 MW plant at the Hapcheon hydro-electric power dam and also 72 MW of capacity at the Saemangeum sea wall on the Yellow Sea. For the Saemangeum project, it has actually also developed a new 300 MW manufacturing facility to generate floaters and also frameworks, it included. The 2.1 GW Saemangeum project will certainly be 14 times larger than the existing floating solar record owner, a 150 MW plant that is currently being built in Huainan, in China's Anhui district. The south korean government revealed the KRW4.6 trillion ($3.85 billion) project last July. It overcame its first obstacle four months later, when the south korean Ministry of Defense validated that the substantial plant would not influence flight procedures at a nearby U.S. militaries base.
Aug 21, 2020 // Plants, Large-Scale, Commercial, Floating PV, South Korea, floating PV, Asia, Scotra
Stonepeak Powers 500 MW Solar-Storage JV in Korea
owned by US investment group Stonepeak, has set up a joint venture (JV) with south korea-based Topinfra to develop over 500 MW of solar and battery storage capacity in
Dec 18, 2023 // Plants, Storage, Asia, Korea, Peak Energy, Topinfra
South Korea to adjust renewables targets, develop more nuclear plants
gotten used to below 30%" by 2030, compared to 6.3% last year. Under south korea's newest Basic Plan for Electricity Supply and Demand for 2020-- 2034,
Jul 6, 2022 // Markets & Finance News, Policy, South Korea, Asia, renewable energy target, nuclear, energy security
Construction begins on 25 MW floating array in Korea
south korean floating PV specialist Scotra Co Ltd has begun work on a 25 MW floating project at a water reservoir in Goheung-gun county, in the Korean province of Jeonnam.   The company is building the array for Korean renewable energy company Topinfra Co Ltd and said the project will be finalized by next year.   The developer said that once complete, the plant will be fourth largest floating PV system in the world and the largest outside China. south korea’s largest floating installation at present is an 18 MW facility built by local developer Gunsan.   Scotra added, it has constructed floating PV systems with a combined capacity of 40 MW worldwide and has begun work on its first offshore PV project. The company is performing research and development for a 2.5 MW government-funded project through the Development of Photovoltaic Modules and Systems Applicable in the Sea framework, supported by the Korea Energy Technology Assessment Institute. The offshore facility will be constructed in 2020-22.   Korea bets on floating PV   A lack of land for large scale solar power projects has prompted the south korean government to turn to floating PV.   At the end of July, the south korean Ministry of Trade, Industry and Energy announced plans for the world’s largest floating solar installation: a 2.1 GW plant near the Saemangeum, an estuarine tidal flat on the coast of the Yellow Sea.   The $3.9 million project will be 14 times larger than the current floating solar record holder, a 150 MW plant being built in Huainan City in China’s Panji district. “It will also be 1.6 times more than the combined capacity of the global floating solar facilities for all of last year,” the ministry stated at the time.   south korea had cumulative installed solar generation capacity of 9.5 GW at the end of July, according to the latest statistics released by the ministry. Of that figure, around 1.64 GW was deployed in the first seven months of this year alone.
Aug 21, 2019 // Plants, Floating PV, South Korea, China, floating PV, Asia, Scotra Co Ltd, Topinfra Co Ltd, Gunsan
Aquila Capital forms South Korean JV
formed a JV to establish and also create solar, wind and BESS projects in south korea. Aquila Development Partners joins TopInfra's large local experience in the
Apr 6, 2022 // Markets & Finance News, South Korea, Asia, Aquila Capital, Alexander Lenz, Tristan Jung