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South Korean agriculture news and market signals

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South Korea Doubles Farm Solar Budget to $1.3 Billion by 2027

EnergyBasic

Medium 7/10Solar energy sector South Korean agriculture

South Korea Doubles Farm Solar Budget to $1.3 Billion by 2027

South Korea is set to significantly expand its support for agrivoltaics and rooftop solar installations, doubling its 2027 budget to KRW 1.8 trillion ($1.3 billion). This move coincides with the upcoming implementation of a new law governing the dual use of farmland for solar power generation.

September 4, 2026Published 1 hour ago