From December 2017, South Korea announced the 2030 renewable energy plan 63% of the new renewable energy installed capacity is photovoltaic, and 34% is wind power. For the steady development of the plan, the RPS scheme, the family subsidy scheme and the building subsidy scheme are respectively provided. In addition to the residential roof, the government also provides a certain proportion of subsidies for the installation of photovoltaic (< 50KW) on the roof of the building (depending on the type of building).

Since 2021, in order to promote the sustainable development of the photovoltaic industry, South Korea has for the first time allowed the signing of long-term power purchase agreements (PPA) for photovoltaic mounting projects subject to public bidding. PPA is a new model for promoting the sustainable development of the local photovoltaic industry in South Korea. It is understood that the Korean electric power company is the only source of electricity for power consumers in the country, and also the end point of renewable energy power in the country. According to the latest plan of the Korean government, by 2030, the cumulative installed capacity of PV in Korea will exceed 30GW, and renewable energy will account for more than 20%. At the current rate, South Korea will probably achieve this goal ahead of schedule.

In 2022, with the rise of international oil price and the improvement of photovoltaic power generation efficiency, South Korea will pay more attention to the utilization of photovoltaic energy. The efficiency of photovoltaic power generation is also continuously improving. At present, the power generation efficiency of large-scale commercial power stations and civil components is about 20%, and it is improving every year. With the rapid development of photovoltaic technology, it is expected that the power generation efficiency and economic feasibility will be improved, and the investment payback period will be accelerated. A relevant person in the photovoltaic industry said: "South Korea, which is highly dependent on energy, imports oil products and also exports a large amount of foreign exchange. However, photovoltaic is not. It has played a positive role in the virtuous cycle of the domestic economy of South Korea. South Korea must focus on the development and improvement of photovoltaic technology.".

Kinsend has successfully designed and installed many South Korean solar panel mounting system for metal roof, and many customers prefer the tripod elevated solar mounting structure installation scheme. Installing the photovoltaic system on the tin roof can not only obtain the power required by life, but also have heat insulation effect on the house. Our strict support system angle design allows the solar panels on corrugated metal roof to withstand the pressure of snow and be safe and firm under certain wind speed. Kinsend looks forward to providing you with more efficient and reliable photovoltaic system design solutions.