The Role of New and Renewable Energy Center(KEMCO) in the Expansion of PV Market in Korea

The Korean government established the New & Renewable Energy Management Corporation (KEMCO) and empowered the NREC to take charge NRE technologies such as PV, wind energy, fuel cell, solar thermal, etc. In 2003, the Korean government established. "The Second 10-year Basic Plan for NRE RD&D (2003-2012)". Korea set the target of occupying 7% of world PV market share by 2010 and installation of 1,300 MW PV by 2012. From 1989 to 2005, USD 50 million was invested in 94 R&D projects on PV technology development. As a result, major PV technologies such as silicon solar cell, storage battery, PCS, and PV module have been developed and applied to the NRE deployment program in Korea. Ingot growing technology and high-efficiency solar cell technology are under development. For the deployment of PV power, there are various promotion NRE obligation, 100,000 solar-roofs program, loan, regional energy been installed nationwide by 2005. Center (NREC) under the Korea Energy of development and deployment of various programs such as subsidy program, public facilities' program, etc. As a result, 14 MW of PV modules had been installed nationwide by 2005