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Promoting
solar-powered housing
News Source : Ministry of
Commerce, Industry & Energy
Seoul, Mar 20 2006 (Korea Newswire)--
On March 20, the Korean government agreed to provide
financial support to re-design 2,156 houses as solar-powered
buildings across the nation this year as part of efforts to
promote new and renewable energy resources. The plan will
build houses that generate 324kWh per month.
According to the plan, house owners will be eligible for 70%
of the construction costs (19.74 million won out of 28.2
million won). Applicants will receive the financial support
once the construction is completed. The construction will be
carried out by one of the government-designated construction
companies.
The government has allocated 42.6 billion won for the
project this year.
Renovating existing houses to have solar-power first started
in 2004. Last year, 907 houses were renovated. The
government aims to support the construction of more than
100,000 solar-powered homes by 2012.
