Muan-gun Installs Renewable Energy Facilities at 379 Sites in Illo-eup and Samhyang-eup
Full-Scale Implementation of New Renewable Energy Convergence Support Project
Secured 3.6 Billion KRW in National Funds... Expected Annual Energy Cost Savings of 300 Million KRW
[Asia Economy Honam Reporting Headquarters, Reporter Oh Hwan-joo] Muan-gun, Jeollanam-do (Governor Kim San) announced on the 20th that it has officially launched the renewable energy convergence support project and plans to install renewable energy facilities at 379 locations in the Ilro-eup and Samhyang-eup areas by October.
Last October, the county was finally selected in the 2021 Renewable Energy Convergence Support Project contest conducted by the Korea Energy Agency under the Ministry of Trade, Industry and Energy, securing 3.6 billion KRW in national funding.
This project involves simultaneously installing facilities of one or more types of renewable energy sources in specific areas where residential, public, and commercial buildings are mixed, supporting 85% of the total installation cost through national and local funds to minimize residents' self-payment ratio.
The project scale includes 1795 kW of solar power and 120㎡ of solar thermal, with an annual power production of 2633 MWh and an annual energy cost reduction amounting to 300 million KRW.
In the case of installing a 3 kW solar power generation facility in a general household, the electricity bill is expected to be reduced by about 54,000 KRW per month based on a monthly usage of 350 kWh.
Hot Picks Today
"Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- Tragedy Strikes on Part-time Job Commute... Man in His 30s Arrested for Drunk Driving Death of Freshman College Student
- "Striking Will Lead to Regret": Hyundai-Kia Employees Speak Out... Uneasy Stares Toward Samsung Union
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Governor Kim San said, "This project is expected to reduce electricity bills for each household, easing the financial burden," and added, "We plan to continuously expand the project so that residents can benefit."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.