Shinan-gun to Pay Up to 120,000 KRW Per Person in Solar Power Profit Dividends for Q3

Paid solar power profit dividends for the third quarter. ⓒ Asia Economy

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Sinan-gun, Jeollanam-do (Governor Park Woo-ryang) has paid the third-quarter dividend of solar power profit, following the nationwide first payment of solar power profit dividends for the 1st and 2nd quarters in April and July.

According to the county on the 1st, under the "Ordinance on Sharing Profits from Renewable Energy Development," the profits from the 96MW solar power project on Anjwa-do and the 24MW project on Jara-do were paid simultaneously at 30 village senior centers to all 2,935 residents of Anjwa and Jara, with a maximum of 510,000 to 120,000 KRW per person, as with the 1st and 2nd quarters.

Since the first dividend payment on April 26, the number of cooperative members increased by 120 compared to the previous quarter in the third quarter, and the number of new residents this year increased by 251, strengthening the renewable energy policy. There are plans to revise the ordinance to encourage residents under 30 years old to move in.

Sinan-gun has realized regional economic revitalization, new income generation for local residents, and pensionization of old age through the development of the world's largest offshore wind power of 8.2GW and solar power of 1.8GW. Currently, only Anjwa-do and Jara-do benefit, but on the 1st, the Jido-eup Renewable Energy Residents and County Cooperative was opened, solar power profit dividends will be paid in Jido in November, and solar power profit dividends will be paid in the office building in January next year.

Governor Park Woo-ryang said, "Local residents are enjoying many benefits due to the current solar power profit-sharing policy, and inquiries related to returning to fishing and rural areas are also pouring in," adding, "We will continue to work with the residents to expand the spread of renewable energy and pursue policies to respond to the climate crisis."

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