Korea Groups to Invest $18.5 Billion in Clean Energy
This article is for subscribers only.
South Korea’s 30 major industrial groups plan to invest 22.4 trillion won ($18.5 billion) by 2013 in clean energy, including batteries and solar power, to benefit from the government’s spending on environment-friendly projects.
The proposed investment from 2011 to 2013 is a 48 percent increase from 15.1 trillion won over the past three years, the presidential office said in a statement today.