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South Korea to establish renewable energy fund to bolster clean power use.
Text of report in English by South Korean news agency Yonhap
[By Lee Joon-seung: "Gov't To Set Up Renewable Energy Fund To Bolster Clean Power Use"]
Seoul, Jan. 30 (Yonhap) - The government said Friday that it plans to set up a 100 billion won (US$72.2 million) renewable energy fund this year to bolster South Korea's clean energy production infrastructure.
The fund will be used to attract private sector investments in solar, wind and hydroelectric power generation technologies and construction of new facilities, the Ministry of Knowledge Economy said.
As part of this plan, the government will work alongside local administrations to build 26 …
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