Kinsend's installation volume of photovoltaic projects in South Korea has continued to grow since 2020, and in 2023, it reached its highest export volume. Multiple South Korean EPC and construction companies have reached long-term cooperation agreements with Kinsend, providing timely and efficient installation design and supply services based on the Kinsend team. The photovoltaic installation on industrial roofs in South Korea is mainly used for solar metal rooftop, using a combination of aluminum brackets and hot-dip galvanized basic accessories to achieve a stable foundation and lightweight anti-corrosion effect.
Years of project design and supply, continuous receipt of project cooperation agreements, based on the demand for timeliness of each project and reliable design solutions, the group has a production history of more than 30 years, and timely production services. It can be transported from Xiamen Port to South Korea Port in 3-5 days.
The South Korean Ministry of Trade, Industry and Energy (MOTIE) recently announced that it has allocated 244.7 billion Korean won (185.5 million US dollars) for subsidy programs for rooftop photovoltaic systems and other small renewable energy systems. The South Korean Ministry of Construction and Transportation plans to start accepting applications from homeowners and businesses from April 3rd. South Korea plans to install a cumulative 30.8GW of photovoltaic systems by 2030.
The South Korean Ministry of Trade, Industry, and Energy (MOTIE) stated that its subsidy rate for Building Integrated Photovoltaic Systems (BIPV) has increased from 13.4% to 15%, but the subsidy rate for traditional rooftop photovoltaic systems has decreased from 50% to 47%.
Kinsend completes each solar project in South Korea with the best product quality and professional service, and looks forward to more collaborations and consultations on Korean projects.
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