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Korea to invest billions in renewable power sources
Nov 12th, 2007 by Administrator |

Age: SOUTH Korea makes no secret that it has serious designs on the renewable energy industry. Its latest "Invest Korea" promotional material invites foreign investment in many sectors, but not alternative energy. The Government is "not overly friendly" about attracting overseas companies to tap attractive feed-in electricity tariffs aimed at fostering long-term growth in the local renewable energy industry. While barriers to entry "are likely to remain …

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