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Home - Technology - Zuid -Korea Boetes Zonne -Operators, cancels 347 MW of renewable projects -PV Magazine International
Technology

Zuid -Korea Boetes Zonne -Operators, cancels 347 MW of renewable projects -PV Magazine International

solarenergyBy solarenergyApril 28, 2025No Comments3 Mins Read
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The Ministry of Trade, Industry and Energy (Motion) of South Korea has given eight solar operators a fine for non -compliance with output burling orders and canceled licenses for 11 renewable energy projects of a total of 347.4 MW. It did not say how much of the cancellated capacity was solar energy.

April 28, 2025
Brian Publicover

The motion of South Korea has revealed that its electricity -regulating committee (ERC) has fined eight solar operators for non -compliance with output restrictive orders, in addition to canceling licenses for 11 stuck renewable projects, a total of 347.4 MW. The ministry did not say how much of the canceled capacity was solar energy.

The sanctions, approved during a recent ERC meeting, followed a Korea Power Exchange (KPX) research that demonstrated that eight solar projects in the province Jeollanam had violated the output control guidelines. The ERC has informed the provincial government of Jeollanam, which, according to an online statement, will impose the fines after formal clarification procedures.

Fines will be based on the profit of operators of non-compliance combination of Systeemmarginal Prize (SMP) and Renewable Energy Certificate (REC)-multiple by violation frequency and earlier fine histories. The ERC said that penalties will be closed by 4% of the average turnover of an operator over the past three years.

Separately, the ERC said it has revoked licenses for 11 projects totaling 347.4 MW in capacity after reviewing 27 cases in which construction approvals or preparation periods had expired by November 2024. According to South Korean media reports, the canceled projects reportedly include installations held by Cheonan Fuel Cell, Raon Energy Fuel Cell, Yeongwol Green Energy Fuel Cell, Asan UHF Green No. 1 Fuel Cell, Geumsan Eco Valley Fuel Cell, Joongheung Asan Nr. 1 Fuel cell, Ulsan Eco Energy Fuel Cell, Incheon Biomass, Dangjin Future Green Fuel Cell, Incheon Food Industrial Complex Fuel Cell and Daesan fuel cell.

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The ERC said it is the first time that it has withdrawn licenses under stricter extension standards that were introduced in August 2023, whereby South Korean developers are now needed to reach milestones, such as securing environmental permits or signing long-running contracts for extensions. The committee said that the cancellations are aimed at offering opportunities for new developers to gain access to the grid.

The ERC noted that it is planning to assess expansion statuses for approximately 230 additional projects, the construction approval or preparation periods expired in 2025.

Earlier this month, researchers from the Korea Institute of Energy Research (Kier) said they have achieved a record efficiency of 17.81% for a flexible copper indium Gallium Selenide (CIGS) solar cell, using an ultra-dun glass substrate and a cadmium-free buffer layer. Progress offers supposedly a considerable potential for scalable solar technology for applications in installations of portable electronics, automotive and curved surface. And last week South Korean researchers at Dongguk University and Kyungpook National University unveiled Hybrid anodia material for lithium ion batteriesCombining graphene oxide and nickel-iron connections to improve the storage capacity of energy and bicycle stability.

Zuid -Korea used more than 3.1 GW of solar energy in 2024, which brought the cumulative solar capacity to 28.15 GW in March 2025. However, analysts have said that the country must accelerate its implementation to reach its 2030 installation objective of 55.7 GW of 55.7 GW of 55.7 GW, due to challenges such as grid restrictions, policy constructions, policy constructions, and high generation costs.

This content is protected by copyright and may not be reused. If you want to work with us and reuse part of our content, please contact: editors@pv-magazine.com.

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