🇰🇷Solar Energy in South Korea
Dynamic solar market with strong technology innovation and ambitious renewable energy targets, focusing on urban solar integration and floating installations.
Total Installed Capacity
24.8 GW
Annual Installation (2023)
4.2 GW
Global Market Share
12% of Asian installations
Regional Solar Potential
Average Irradiance
4.0 kWh/m²/day
Top Regions
jeolla4.2 kWh/m²/day
gyeongsang4.1 kWh/m²/day
chungcheong4.0 kWh/m²/day
gangwon3.9 kWh/m²/day
seoul_metro3.8 kWh/m²/day
Major Solar Projects
Saemangeum Solar
North Jeolla
2.1 GW
Hapcheon Dam Floating Solar
South Gyeongsang
41 MW
Sinan Solar Plant
South Jeolla
8.2 GW
Policy Framework
Renewable Energy 3020 Plan
30.8 GW solar by 2030
Green New Deal
Carbon neutrality by 2050
K-RE100
Corporate renewable energy adoption
Solar Incentives
Renewable Portfolio Standard (RPS)
Mandatory renewable energy quotas for utilities
Feed-in Tariff for Small Scale
Fixed rates for installations under 100kW
Home Subsidy Program
Support for residential solar installations
Green New Deal Funding
Financial support for renewable energy projects
Market Trends
- Expansion of floating solar projects
- Urban solar integration solutions
- Growth in building-integrated PV
- Development of solar-wind hybrid systems
- Advanced energy storage integration
Key Challenges
- Limited land availability
- Grid infrastructure constraints
- Public opposition to large projects
- Mountain and forest preservation