Tag: solar power profits village
-
South Korean village profits from solar power amid energy crisis
—
by
in Al Jazeera, Al Jazeera English, al Jazeera live tv news English, al jazeera solar report, aljazeera live, aljazeera live tv news English, climate transition korea, coal vs renewable energy debate, community solar power system, energy crisis asia, Guang village solar project, renewable energy cooperative korea, solar power profits village, south korea green energy policy, south korea solar village, الجزيرة مباشرIn the village of Guang in south korea, residents share daily communal meals funded by a locally run solar energy cooperative generating over $6,000 per month. Selected in 2022 for a government renewable energy pilot program, the community invested collectively in solar panels using state-backed financing. Instead of distributing profits individually, earnings are reinvested into…