South Korea Will Invest 194.4 Billion Won Development Of Clean Energy

July 28: Asia's third-largest crude oil importing country the Republic of Korea will invest 194.4 billion won (193 million U.S. dollars) development of clean energy technologies. South Korean Ministry of Economic Affairs: The Government will focus on funds investing in the development of solar, wind and fuel cell technology.

South Korea's energy needs depend on imports almost all of them, the state is working to diversify its energy structure to reduce the dependence on oil imports, reduce greenhouse gas emissions.

Source: 国际新能源网 Jul. 28, 2008