Search



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
Glennmont, SK D&D to set up South Korea solar player
agreement to develop a joint venture to co-invest in solar projects in south korea. The new agreement adheres to the previous MoU agreement from June this year,
Nov 29, 2022 // Markets & Finance News, South Korea, Asia, Glennmont, sk d&d
Korea Targets China’s Grip on Solar Inverters
south korea is moving to localize solar inverters, with more than 90% now imported from China. Seven domestic makers formed the Korea Solar Inverter Industry Council to expand capacity, coordinate R&D and claw back share, targeting China’s dominance below 60%. Seoul labeled inverters “strategic technology” and is preparing financial incentives.Officials say domestic production will bolster energy security, jobs and stability as renewables scale. Analysts see Korea aligning with a global push to onshore critical solar components amid geopolitical risks. Despite Chinese price advantages, policymakers bet Korean firms can compete on quality, reliability and durability as storage-driven inverter demand grows. How will Korea’s localization reshape global inverter supply chains and standards? Diversifies a China-centric supply base, creating a Northeast Asia manufacturing node that de-risks utility and C&I projects across Asia, the Middle East, and Oceania. Spurs regionalized “China+1” sourcing strategies among EPCs and IPPs, with dual-qualified product lists and multi-vendor frameworks that include Korean brands. Nudges global pricing toward a two-tier structure: ultra-low-cost Chinese offers and slightly premium Korean options competing on uptime, service, and lifespan. Accelerates adoption of wide‑bandgap power semiconductors (SiC/GaN) through Korea’s materials ecosystem, raising efficiency and power density benchmarks industry‑wide. Elevates firmware and cybersecurity expectations, with Korea likely championing stricter requirements aligned to IEC 62443 and supply‑chain security attestations. Pushes grid‑support features—volt/VAR control, fault ride‑through, and grid‑forming—in international standards as Korean vendors contribute to IEC/IEEE working groups. Expands interoperability baselines by mainstreaming SunSpec Modbus, IEEE 2030.5, and advanced SCADA/IEC 61850 profiles in utility-scale deployments. Integrates storage more tightly with hybrid PCS architectures, influencing future IEC 62933 and UL 9540A testing practices for co-located PV+ESS. Raises durability norms via harsher environmental certification (salt-mist, typhoon, sand/dust), targeting coastal and tropical markets in ASEAN and the Middle East. Strengthens after-sales expectations: faster regional spares depots, bilingual digital O&M platforms, and bankable 10–15 year warranties backed by Korean insurers. Encourages financiers to expand technical acceptance lists, improving non-recourse financing terms for projects specifying non-Chinese inverters. Promotes open APIs for VPP aggregation and demand response, making inverters grid services–ready and shaping utility tenders to require these capabilities. Catalyzes export financing and guarantees (e.g., ECA-backed credit), embedding Korean inverters in bundled EPC offers and government-to-government projects. Triggers co-manufacturing and final assembly hubs in target markets (U.S., India, Southeast Asia) to meet local-content rules and tariff regimes. Introduces stricter quality control and traceability across BOMs, pushing global suppliers toward component origin audits and secure firmware supply chains. Increases competition for medium-voltage stations and central inverter skids, with standardized containers and faster grid interconnection packages. Influences recycling and end-of-life practices via expanded producer responsibility, nudging standards for inverter take-back and component recovery. Deepens installer training and certification pathways through Korean labs and institutes, improving safety compliance and consistent commissioning worldwide. Encourages utilities and regulators to align grid codes with advanced functions demonstrated in Korean pilots, accelerating harmonization across APAC markets.
Dec 1, 2025 // Manufacturing News, Inverters, manufacturing, Inverters, Asia, Korea, supply chain, energy security
North Korea plans 2.5 GW solar plant with Chinese help
economy. Solar to protect the regime In August, south korean news service NK Economy revealed North Korean state agencies were beginning
Oct 25, 2019 // Plants, China, Asia, Korea, Kim Jong-un
South Korea's 2.3 GW Solar Tender Attracts Average Bid At Rs 8.85/ kWh.
of capacity was actually included 2021. The target for 2022 is 'modest' 4 GW. south korea has actually followed even more of the Japan model for its energy mix,
Jan 7, 2022 // Markets & Finance News, auction, KEA, South Korea Energy Agency
Korea’s South Jeolla province is becoming a solar hub
1 MW each, are exempt from permitting requirements under Korean law. south korea’s Ministry of Trade, Industry and Energy (MOTIE), says there are around 18,000
Sep 19, 2019 // Plants, Large-Scale, Commercial, Residential, Korea, MOTIE, KEPCO
South Korea to Develop Solar Energy Plant in Fiji
The Korea International Cooperation Agency (KOICA) introduced Wednesday that it will certainly construct a solar energy plant in Fiji, an island country in the Pacific that is having problem with climate change.
Aug 12, 2021 // Plants, South Korea, Asia, Oceania, PV Power Plant, Fiji, KOICA
GEB protects Korea's support for solar-plus-gas hybrid project in Bogota
which will invest USD 11 million (EUR 10.9 m) in the project in support of south korea's ministry of trade, sector as well as power. The future hybrid system will
Jul 15, 2022 // Plants, Large-Scale, Commercial, Asia, Korea, GEB, solar-plus-gas hybrid project, Bogota
Energy Vault to Help Korea Zinc Subsidiary Produce Green Zinc
Energy Vault is partnering with Korea Zinc, a company associated with non-ferrous metal smelting production, such as that of zinc, lead, silver as well as rare metal indium, for renewable resource storage. Through this collaboration, Korea Zinc intends to decarbonize its refining and smelting procedures, focused initially under its wholly-owned subsidiary Sun Metals Corporation. The companies anticipate to begin project release in mid-2022.
Jan 10, 2022 // Markets & Finance News, Storage, Energy Vault, robert piconi, Kiwon Park, Korea Zinc, Sun Metals Corporation, Yun B. Cho
S. Korea, Aus Team Up for 300MW Solar Plan
and renewables company Progressive Green Solutions, with the partnership with south korean government-owned Komipo seen to “strengthen local and international
Aug 7, 2023 // Plants, PV Power Plant, KOMIPO, Larrakia Energy
SK D&D, Glennmont sign US$ 160m MOU for solar PV in South Korea
a capital implementation of almost EUR150 million (US$ 158 million), the south korean developer will resource as well as run the solar PV projects while the
Jun 24, 2022 // Markets & Finance News, South Korea, Asia, Memorandum of Understanding, glennmont partners, sk d&d
DNV companions with South Korean companies to check out floating solar opportunities
plants internationally, DNV has authorized a memorandum of comprehending with south korean companions consisting of steelmaker POSCO, floating structure option carrier
Jul 22, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, South Korea, Asia, Floating solar, Scotra, dnv, POSCO, solarpark
Trina Solar Shines at Green Energy Expo 2024
its latest solar innovations at the Green Energy Expo 2024 in Daegu, south korea. The company will unveil advancements in solar modules, trackers, and energy
Apr 23, 2024 // Manufacturing News, Trina Solar
South Korean Researchers Revolutionize Lithium-Ion Battery Efficiency
at Chung-Ang University in south korea have developed a method to improve the efficiency of lithium-ion batteries, which are crucial for electric vehicles.
Feb 6, 2024 // Technology, Storage, South Korea, Asia, lithium-ion battery, efficiency, Chung-Ang University