Gwangju City Selected for 7 Consecutive Years for Ministry of Trade, Industry and Energy's '2025 Renewable Energy Convergence Support Project'

[Suwon Ilbo=Reporter Eom In-yong] Gwangju City announced on the 8th that it has been selected for 7 consecutive years for the Ministry of Trade, Industry and Energy's '2025 Renewable Energy Convergence Support Project' and has secured 1 billion won in government funding.

Since 2019, the city has participated in the Ministry's convergence support project for renewable energy distribution. To date, it has secured 9.6 billion won in government funding and has supplied 12,216㎾ of renewable energy generation facilities to 1,173 residential and commercial buildings in the city.

Additionally, this year the city completed an advancement project targeting Chowol-eup, with the installation of 1,580㎾ of generation facilities at 123 locations.

Notably, in the convergence support projects implemented to date, the city was selected as grade A (Excellent) among 155 consortiums participating in the competitive project based on its commitment to renewable energy distribution for energy independence, efficient management of existing facilities through a spatial information system, the project completion rate for the year, and the highest number of geothermal installations in the Seoul metropolitan area. Additionally, the government subsidy ratio stands at 40%, the highest among consortiums.

This competitive project, with a total project cost of 2.48 billion won, will support the installation of 1,285㎾ of renewable energy generation facilities at 143 residential and commercial buildings in Namhansanseong-myeon and Opo 1 and 2 dong (solar 85, geothermal 52, solar thermal 6). It is expected to contribute to residents' practical reduction in energy costs and improvements in civic awareness of renewable energy.

Mayor Bang Se-hwan stated, "Due to extreme climate change worldwide, many lives have been lost and we could only watch," and added, "The use of renewable energy is a practice to overcome global warming caused by greenhouse gases by reducing fossil fuel consumption. Gwangju City will make it a Sustainable Development Goal (SDGs) and will make continuous efforts to expand renewable energy."