South Korea Plans Renewables Revolution Amid Iran Crisis

How South Korea plans to use the Iran crisis to spur a renewables revolution

Energy crisis unfolding in Middle East has added political urgency, and more funding, to transform the solar industry in particular In Guyang-ri, a farming village of 70 households about 90 minutes south-east of Seoul, residents gather for free communal lunches six days a week. The meals are funded by the village’s one-megawatt solar installation, which generates roughly 10m won ($6,800) in net profit each month. “Residents eat lunch together every day, so we see each other’s faces, talk toge...

By Raphael Rashid in Seoul