Gyeonggi -do announced that it is going to recruit the ‘Gyeonggi RE100 Opportunity Village’ Hope Village by twenty eighth, which provides 80% of the installation costs of the village public solar energy plant, and provides the ‘Gyeonggi RE100 Opportunity Village’, which offers monthly income of 25% annual dividend yield.
This project is the important thing to the undeniable fact that greater than 10 households of village communities within the village, reminiscent of rural energy use, jointly install business photovoltaic power plants using private lands or common lands within the village. Power plants will be made as much as 10 to fifteen kilowatts (KW) and a complete size of 1000kW per household in order that the annual dividend yield is greater than 25%. Town, village community, contractor, and resident -participated energy cooperatives can form a consortium. Gyeonggi -do and city and counties support 80%of the whole project cost.
For instance, assuming the installation cost of 100kW of solar energy plant within the village is about 17 million won, 80%of them are subsidized, and the actual resident charge is 3.5 million won. The electricity sales revenue produced by the facility plant is taken by the village, and the reinforcement energy supply certificate (REC) sales revenue is helped by the town.
Machimi Village in Pocheon participated within the Gyeonggi RE100 Village Project in 2023, and 33 households within the village formed a cooperative to ascertain a 495kW solar energy plant. It began to develop in June 2024 and used profits to settlement of unit costs reminiscent of preliminary payments and premiums. Starting in 2025, dividends will probably be paid to residents in earnest, and dividends in January will probably be about 200,000 won, which will probably be paid like sunlight pension in the long run.
Kim Yeon -ji, head of Gyeonggi -do Energy Industry Division, said, “The Gyeonggi RE100 Village Project, led by the village community, is an modern economic model that supports energy vulnerable areas.” We’ll expand energy welfare to create latest vitality within the local economy. ”
Gyeonggi RE100 ‘Opportunity Income Village’ Application period is until February twenty eighth, ‘Gyeonggi RE100 Nuri House Gyeonggi RE100 Story BoardYou may seek for ‘Opportunity Income Village’, write a marketing strategy and documents, and submit it to the jurisdiction.
By Lee Jae -seung, reporter Energy@aitimes.com
