In 2019, the market value of photovoltaics (PV) business in South Korea was estimated to amount to around 6.06 trillion South Korean won. The grid-connected centralized PV power took up the most value of the total market, with 5.7 trillion South Korean won. According to the source, the grid-connected centralized PV power refers to the PV installations for business use under a renewable portfolio scheme (RPS), while the grid-connected distributed PV power is the ones for self-use in households, various facilities including public facilities to commercial facilities, and others (off-grids). That year, total PV power installations in South Korea amounted to around 11.8 gigawatts with a steady increase since 1998.
Market value of photovoltaics (PV) business in South Korea in 2019, by sector
(in trillion South Korean won)
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IEA. (January 5, 2021). Market value of photovoltaics (PV) business in South Korea in 2019, by sector (in trillion South Korean won) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1112063/south-korea-pv-business-market-value-by-sector/
IEA. "Market value of photovoltaics (PV) business in South Korea in 2019, by sector (in trillion South Korean won)." Chart. January 5, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1112063/south-korea-pv-business-market-value-by-sector/
IEA. (2021). Market value of photovoltaics (PV) business in South Korea in 2019, by sector (in trillion South Korean won). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1112063/south-korea-pv-business-market-value-by-sector/
IEA. "Market Value of Photovoltaics (Pv) Business in South Korea in 2019, by Sector (in Trillion South Korean Won)." Statista, Statista Inc., 5 Jan 2021, https://www.statista.com/statistics/1112063/south-korea-pv-business-market-value-by-sector/
IEA, Market value of photovoltaics (PV) business in South Korea in 2019, by sector (in trillion South Korean won) Statista, https://www.statista.com/statistics/1112063/south-korea-pv-business-market-value-by-sector/ (last visited December 23, 2024)
Market value of photovoltaics (PV) business in South Korea in 2019, by sector (in trillion South Korean won) [Graph], IEA, January 5, 2021. [Online]. Available: https://www.statista.com/statistics/1112063/south-korea-pv-business-market-value-by-sector/
