Seoul has launched an ambitious plan to become a world leader in green energy and storage, following the unveiling of a KRW 42tn ($ $37 billion ) support package. KEPCO is now working on some 40 overseas energy and power distribution projects. South Korea also plans to double the amount of renewable energy it produces by 2025 , 2025 than previous plans. The government is set to rely on home-grown firms such as Galaxy Note 7 for innovations in battery technology, offering the company a chance to sidestep a slowdown in smartphone growth.
Seoul has launched an ambitious plan to become a world leader in green energy and storage, following the unveiling of a KRW 42tn ($ $37 billion ) support package. South Korea also plans to double the amount of renewable energy it produces by 2025 , 2025 than previous plans. The government is set to rely on home-grown firms such as Galaxy Note 7 for innovations in battery technology, offering the company a chance to sidestep a slowdown in smartphone growth.