Korea to accelerate renewable energy expansion to 100GW by 2030
Korea will speed up efforts to increase its renewable energy capacity to at least 100 gigawatts by 2030, with 1 quadrillion won ($746.99 billion) in government-led investment planned over the next decade. The 100-gigawatt goal is a key part of the Korean Green Transformation (K-GX), a strategy unveiled Wednesday that is aimed at achieving carbon neutrality and economic growth at the same time.…
South Korea is set to rapidly expand its renewable energy capacity to 100 gigawatts by 2030, according to plans unveiled on Wednesday. This ambitious goal is part of the Korean Green Transformation (K-GX) strategy, which aims to achieve carbon neutrality while driving economic growth. The government is prepared to invest 1 quadrillion won ($746.99 billion) over the next decade to realize this vision.
The K-GX strategy seeks to position Korea among the world's top three green manufacturing nations by fostering industries such as hydrogen-reduction steelmaking, next-generation solar cells, and all-solid-state batteries. Speaking at a public briefing attended by government officials, industry leaders, and representatives from major companies like Hanwha Qcells, POSCO Holdings, LG Electronics, and Samsung Electronics, Lee emphasized that the green transition is crucial for maintaining international competitiveness and safeguarding people's livelihoods against the climate crisis.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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