🔴 Breaking News 6d ago · Raphael Rashid in Seoul

How South Korea plans to use the Iran crisis to spur a renewables revolution

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How South Korea plans to use the Iran crisis to spur a renewables revolution
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Energy crisis unfolding in Middle East has added political urgency, and more funding, to transform South Korea’s solar industryIn Guyang-ri, a farming village of 70 households about 90 minutes south-east of Seoul, people gather for communal free lunches six days a week. The meals are funded by the village’s one-megawatt solar installation, which generates roughly 10m won ($6,800) in net profit each month.“Residents eat lunch together every day, so we see each other’s faces, talk together,” says

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