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Promoting solar powered housing

 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

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