In addition to the 70 % capital subsidy currently available under its 100 000 rooftop programme for systems under 3 kW, Korea is also implementing its feed-in tariff for PV systems over 3 kW.
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> issue 25 > Last updated: 28 November 2006 |
In addition to the 70 % capital subsidy currently available under its 100 000 rooftop programme for systems under 3 kW, Korea is also implementing its feed-in tariff for PV systems over 3 kW.
This provides a fixed price of 716,40 KRW/kWh (0,6 EUR/kWh) guaranteed for 15 years. The tariff, currently limited to a total of 20 MW, is scheduled for revision after October 2006. 1,3 MW are now operating with support of the FIT, with several multi-MW scale projects reportedly in the planning stage, involving discussions between local government, local utilities and some foreign companies.
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