DUBLIN, IRELAND: Research and Markets has announced the addition of the "Korea's Evolving Solar Photovoltaic Policies and Their Impact on the Country's Market and Industry" report to its offering.
Korea restructured its industry following the 1998 Asian financial crisis and its ICT industry has developed strongly since that time. The Korean government regards the current economic downturn as an opportunity to adjust its economy from an export- and technology-driven economy to green-driven economy.
The government envisages the solar photovoltaic industry as its next strategic industry, following the semiconductor and display industries. Despite of its efforts in 2008 to expand its support for the solar photovoltaic industry, the Korean government has begun running out of funds in 2009.
This report analyzes Korean government policies for the solar photovoltaic market and examines future trends in solar photovoltaic market demand.
List of topics
* Energy and green plans of Korea's solar photovoltaic industry, including the role of the Korean government in building the industry.
* The Korean government's solar photovoltaic programs for the industry, including the one million green home program, the feed-in tariff program, and the financial subsidy program.
* The Korean 100,000 green home program roadmap, 2001-2012.
* Companies and organizations mentioned in the report include: Hyundai, LG, Samsung.
Showing posts with label Korean solar market. Show all posts
Showing posts with label Korean solar market. Show all posts
Friday, July 31, 2009
Monday, June 22, 2009
LG Display to nurture thin-film solar cell business as future growth driver
SEOUL, KOREA: LG Display Co. Ltd, a leading innovator of thin-film transistor liquid crystal display (TFT-LCD) technology, announced plans to focus its R&D capabilities on a thin-film type solar cell and nurture it as a future growth driver.
LG Display plans to invest KRW50 billion into R&D to build a pilot line within its Paju display complex in Korea during the second half of 2009 and build an outdoor test power generation facility.
Further, the company aims to raise the current energy conversion efficiency rate of 8 percent to 12 percent by 2010, and eventually achieve efficiency rate of 14 percent in 2012 to prepare for commercialization. It also plans to secure sufficient commercial value by lowering the manufacturing cost to less than $1 per watt.
In addition, LG Display target the market for cells used in photovoltaic power generation, buildings and public displays during the initial stages of commercialization. The company’s long-term blueprint includes expansion into solar cells for mobile displays and automobiles, as well as solar cells for extreme environments such as offshore photovoltaic power generation stations.
According to US market researcher Nano Markets, the thin-film type solar cell market will grow from $4.6 billion in 2011 to $14 billion by 2015.
LG Display plans to invest KRW50 billion into R&D to build a pilot line within its Paju display complex in Korea during the second half of 2009 and build an outdoor test power generation facility.
Further, the company aims to raise the current energy conversion efficiency rate of 8 percent to 12 percent by 2010, and eventually achieve efficiency rate of 14 percent in 2012 to prepare for commercialization. It also plans to secure sufficient commercial value by lowering the manufacturing cost to less than $1 per watt.
In addition, LG Display target the market for cells used in photovoltaic power generation, buildings and public displays during the initial stages of commercialization. The company’s long-term blueprint includes expansion into solar cells for mobile displays and automobiles, as well as solar cells for extreme environments such as offshore photovoltaic power generation stations.
According to US market researcher Nano Markets, the thin-film type solar cell market will grow from $4.6 billion in 2011 to $14 billion by 2015.
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