S. Korea's solar power capacity soars under Moon

Asia's Tech News Daily
S. Korea’s solar power capacity soars under Moon

South Korea’s newly installed 13,980 MW solar power capacity that started when President Moon Jae-in took office in 2017.

South Korea’s cumulative solar power capacity surged with the newly installed 13,980 MW solar power capacity that started when President Moon Jae-in took office in 2017.

Consequently, solar power more than quadrupled from 4,502 megawatts (MW) in 2016 to 18,158 MW in September.

South Korea's solar power installation was at 4,489 MW from 2007 to 2016.

Along with the solar power capacity increase, the tonnage of waste panels rose to 279.4 last year from 245.6 in 2019 and 17.6 in 2018.

The Korea Institute for Industrial Economics and Trade expects the weight of waste panels generated nationwide to increase to 1,868 tons in 2030 and 85,220 tons in 2040.

Meanwhile, the Korea Environment Institute forecast the country's amount of waste panels to jump to 20,935 tons in 2030 and 112,564 tons in 2040.

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

US Fed chief ditches 'transitory' tag, paves way for rate hike

Chairman Jerome Powell said the Fed will consider ending its asset purchases earlier than planned. WASHINGTON (BLOOMBERG) – Team Transitory is throwing in the towel. In a clear sign that ... Read more »

S. Korea's exports hit fresh monthly high in Nov. on robust global demand for chips

SEOUL, Dec. 1 (Yonhap) — South Korea’s exports spiked 32.1 percent on-year to reach an all-time monthly high in November on the back of strong global demand for chips and ... Read more »

Broken supply chains threaten ruin at growing number of small US firms

NEW YORK (BLOOMBERG) – A growing cohort of smaller companies that survived the cold depths of the Covid-19 pandemic say now they’re in danger because the economy is too hot. ... Read more »

Foreign IBs cuts next year's KOSPI targets amid rising volatility

SEOUL, Dec. 1 (Yonhap) — Two major foreign investment banks (IBs) have revised down their targets of South Korea’s key stock index for 2022 amid rising market volatility following the ... Read more »

(EDITORIAL from Korea Times on Dec. 1)

Growing downside risksEconomic recovery feared to slow down A key economic indicator is raising concern that South Korea’s economic recovery may slow down amid mounting domestic and overseas challenges. On ... Read more »

Wildberries to open two new sorting centers in Kazakhstan

In 2021, the most popular products from Kazakhstan on Wildberries were groceries, cosmetics, underwear, household goods and books Read more »

Threat of persistent US inflation has risen: Fed's Powell

The US central bank will consider removing stimulus more quickly, he tells the Senate Banking Committee. WASHINGTON (AFP) – The threat of “persistently high inflation” has risen and the US ... Read more »

Russia's approaches to climate change matters to be recognized — presidential assignment

The approach of Moscow comprises "supporting non-discriminatory conditions for Russia in implementation of climatic projects and introduction of climate regulation measures, including cross-border carbon regulation" Read more »

Russian energy sector is among the most green worldwide — Putin

"If we look at hydropower sector, nuclear power sector, renewable energy sources - these stand at 40%, and if we add gas - 86%," the president said Read more »

Analysis: Q2 GDP back at the pre-pandemic levels

India’s GDP for the second quarter of 2021-22 regained the levels last seen in 2019-20, lifted by an 8.4 percent year-on-year expansion. Almost all sectors other than trade, transport, hotels and ... Read more »

Putin predicts growth of reserve currencies in numbers

The transition to this topic in certain international institutions will be more fundamental," the head of state said Read more »

US policy undermines dollar's position as reserve currency — Putin

The president stressed that Russia did not abandon the dollar Read more »

Energy transition should be soft and not lead to energy deficit — Putin

The Russian leader noted that investments in hydrocarbon output are now declining all over the world Read more »

Brent crude oil price down below $70 per barrel first time since August 23

The futures for WTI crude oil depreciated by 4.92% to $66.51 per barrel Read more »

Russia, China may expand cooperation in third countries — Putin

The Russian leader pointed out that Moscow supported Beijing’s efforts to create a global infrastructure of trade routes Read more »

Putin calls for being ‘one step ahead' in tackling rising food prices

The head of state noted that wheat prices have soared on global markets over the past month and, according to experts, such dynamics may continue Read more »

Russia follows macroeconomic principles, not just to ‘look good on paper' — Putin

Speaking about GDP growth, Putin noted that Russia’s figure is not the highest in the world, but it is "not bad" Read more »

Home price gains slow down for the first time since May 2020

Daniel Acker | Bloomberg | Getty Images Home prices are still considerably higher than they were a year ago, when the pandemic caused a massive run on housing, but the ... Read more »

Russia can reach economic development rates surpassing global figures — Putin

The economy should be based on modern technologies "in the broadest sense on these words", the Russian President pointed out Read more »

Q2 GDP | What leading economists say on India clocking 8.4% growth in July-Sept quarter

GVA in Q2 FY22 has grown by 8.5 percent (Representative image: Reuters) Improvement in the COVID-19 situation, the return to pre-pandemic operation in most sectors of the economy and an uptick ... Read more »

(3rd LD) First suspected cases of omicron variant detected in S. Korea

(ATTN: RECASTS lead; UPDATES with more info in paras 3, 6, 9-10) SEOUL, Nov. 30 (Yonhap) — The first suspected cases of the omicron variant of COVID-19 have been detected ... Read more »

Rolling back U.S.-China tariffs would ease inflation in the U.S., former Treasury secretary says

Eliminating tariffs imposed on goods during the worst of the trade war would help ease inflation in the U.S., former Treasury Secretary Jacob Lew told CNBC on Tuesday. But there's ... Read more »

Putin orders to ensure protection of personal data during digitalization processes

According to the head of state, the process of digital transformation, which involves the introduction of new technologies in all areas of life, should have a serious impact on national economic development, leading to a rise in productivity and people’s incomes Read more »

(2nd LD) First suspected case of omicron variant detected in S. Korea

(ATTN: UPDATES with more info in paras 3-4, 6-9; ADDS photo) SEOUL, Nov. 30 (Yonhap) — The first suspected case of the omicron variant of COVID-19 has been detected in ... Read more »

Kremlin hopes there will be no threats to completion of Nord Stream 2 certification

Dmitry Peskov emphasized that the certification and launch of Nord Stream 2 are in the interests of all European consumers Read more »

NFL enters the metaverse with official Roblox store

The NFL hopes to take advantage of rising consumer demand for digital items that can be used in the metaverse, and Roblox provides it with the opportunity. The National Football ... Read more »

(LEAD) First suspected case of omicron variant detected in S. Korea

(ATTN: ADDS details from para 3) SEOUL, Nov. 30 (Yonhap) — The first suspected case of the omicron variant of COVID-19 has been detected in South Korea, health authorities said ... Read more »

(LEAD) S. Korea, China hold senior-level talks amid urea supply woes

(ATTN: UPDATES with latest details throughout; CHANGES headline; ADDS photo)By Kim Eun-jung SEOUL, Nov. 30 (Yonhap) — South Korea and China held a virtual senior-level economic meeting Tuesday, during which ... Read more »

First suspected case of omicron variant detected in S. Korea

SEOUL, Nov. 30 (Yonhap) — The first suspected case of the omicron variant of COVID-19 has been detected in South Korea, health authorities said Tuesday, as the nation tightened its ... Read more »

Revenues of Hainan's exhibition industry to reach $9.4 billion by 2025

The growth rate of this indicator will average 12% in the next few years Read more »

France, Russia must work together to reach carbon neutrality, says ex-ambassador

Sylvie Bermann stressed that there was now a consensus that nuclear power is one of the least carbon dioxide (CO2) emitting forms of power generation Read more »

Minsk, Moscow agree on joint programs in gas and electricity

The Belarusian energy chief recalled that on November 9, a protocol was signed on amending the intergovernmental agreement on setting prices for natural gas Read more »

Essay awardees give helpful advice on AI, basic income

The Korea Times President-Publisher Oh Young-jin, left, and Woori Bank Executive Vice President Hwang Kyu-mok, right, applaud after giving awards to the winners of the newspaper’s 17th English Economic Essay ... Read more »

Cyber Monday spending in US expected to slow as shoppers see fewer deals

Workers move goods during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, US on Nov 29, 2021. BENGALURU (REUTERS) – US retailers’ online sales likely slowed ... Read more »

Dollar exchange rate down to 74.54 rubles on Moscow Exchange

Euro up to 84.4 rubles Read more »

Energy shortage forces China to turn to Australian coal but don't expect ‘meaningful' lift in ban

China has buckled under the weight of coal and energy shortages to resume directly buying the commodity from Australia for the first time in almost a year. Commonwealth Bank Global ... Read more »

Japan factory production edges up as Asia's supply snags ease

TOKYO (BLOOMBERG) – Japan’s factory production edged up in October, ending a three-month slide and adding to signs that the global supply chain crunch may have been easing before the ... Read more »

China manufacturing expands in November as constraints ease

BEIJING (BLOOMBERG) – China’s factory activity improved in November as the impact of a power crunch subsided and more working days in the month helped to boost output. The official ... Read more »

New opportunities on the road to Net Zero

The road to net zero emissions by 2050 has massive potential for Australia’s mining, industry and manufacturing sectors. Mining and industry account for around a third of Australia’s total emissions, ... Read more »

SK Inc. completes merger with its advanced materials arm

SEOUL, Nov. 30 (Yonhap) — SK Inc., the holding company of South Korean conglomerate SK Group, said Tuesday it has completed the merger with its advanced materials arm to further ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic