South Korea: Promoting solar powered housing
In 2006 South Korean government agreed to help finance the redesign of over 2000 homes to use solar eneregy as part of an effort to promote renewable energy. Homeowners will be compensated for 70% of the construction costs. In 2005, 907 homes were renovated.
Date Implemented: 2004
Status: In Force; Mandatory
Funding Information: 42.6 billion won for 2006
Targets: 100,000 homes by 2012
References: http://www.mke.go.kr/language/eng/main.jsp