South Korea widens tax credits for low-carbon solar manufacturing

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South Korea has expanded its tax support framework for low-carbon solar module manufacturing, clarifying that facilities producing PV modules with carbon emissions at or below 655 kg CO?/kW are eligible for investment tax credits under revised enforcement rules that took effect April 1. The Korea Photovoltaic Industry Association (KOPIA) told The Electric Times this week that the revision covers the full production ecosystem rather than individual processes, adding that it provides a basis for domestic companies with strong technological capabilities to compete on quality and carbon performance rather than price. The South Korean energy trade publication reported that the changes…

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