It will be interesting to see if President Park’s solar initiatives goes anywhere:
Hanwha Group, the world’s largest solar cell maker, said it plans to open the nation’s first zero-carbon town run solely on solar power on Jukdo Island, a small island on the nation’s west coast, in cooperation with small and medium-sized enterprises in the solar industry.
This will be a signature project for the South Chungcheong Creative Economy Innovation Center, which Hanwha Group jointly opened with the central government in Cheonan, South Chungcheong, on Friday.
The South Chungcheong center is the nation’s 11th creative economy center out of a total of 17 planned under President Park Geun-hye’s creative economy initiative, the administration’s attempt to revitalize Korea’s economy through innovation.
More than 150 people including President Park, Hanwha Group Chairman Kim Seung-youn and South Chungcheong Gov. Ahn Hee-jung attended the center’s opening.
“In the 20th century, Korea used to rely on imports for 100 percent of its energy needs,” said Park in a congratulatory speech. “The era of fossil fuels coming to the end is a challenge but also can be an opportunity for the Korean economy.
“If we move proactively in new energy-related technologies and commercialize them as soon as possible, the Korean solar-energy model will lead the world’s renewable energy market,” Park added. [Joong Ang Ilbo]
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