Shinan-gun to Distribute Up to 510,000 KRW in Solar Power Profit Dividends

Life's Second Act: Surge in Inquiries About Returning to Fishing and Rural Living, Population Growth After 7 Years

Solar Power Plant in Jarado, Anjwa-myeon, Sinan-gun (Photo by Sinan-gun)

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Sinan County, Jeollanam-do (Governor Park Woo-ryang) became the first in the nation to pay solar power profit dividends in April, and the 2nd quarter dividends have now been paid.

According to Sinan County on the 22nd, in accordance with the Renewable Energy Development Profit Sharing Ordinance, the profits from the 96MW solar power project on Anjwa Island and the 24MW project on Jara Island were paid on the 22nd to all 2,935 residents of Anjwa and Jara. As with the 1st quarter, each resident received between 120,000 KRW and up to 510,000 KRW simultaneously at 30 village senior centers.

Sinan County, which was classified as a high-risk area facing local extinction due to population aging and decline, had continuously decreasing population. However, after the payment of solar power profit dividends, inquiries related to returning to fishing villages and relocating to rural areas surged nationwide, and for the first time in seven years, the population increased by 79 people.

In particular, starting from this 2nd quarter, according to Article 2 of the “Sinan County Ordinance on Support for Areas Surrounding Substations,” the villages of Changma and Daecheok, located near substations, received an additional weighting of 1, resulting in a 10-person household in Changma Village receiving 2,040,000 KRW.

Governor Park Woo-ryang said, “Due to the solar power profit-sharing policy, local residents are enjoying many benefits, and with the population increasing for the first time in seven years, if the solar power profit-sharing policy and the support policies for returning to fishing villages and relocating to rural areas work together, it will be a great force for population inflow.”

Currently, only Anjwa and Jara Islands benefit, but solar power plants are planned to be built on Jido, Saokdo, Imjado, and Jeungdo, and by 2030, an 8.2GW offshore wind farm will be established. It is expected that annual resident income of about 300 billion KRW will be generated with the goal of distributing renewable energy development project profits to all residents of the county, increasing benefits for residents.

This content was produced with the assistance of AI translation services.