Detailed Conditions

For cooperatives, at least 70 % of members must be tenants of the industrial complex; general factories outside industrial complexes may also apply

Interest Rate

Quarterly variable rate (per the Special Accounting Guidelines for Energy and Resources Projects, announced each quarter by the New & Renewable Energy Center)

Original wording “quarterly variable rate” retained

Loan Term

5-year grace period, 10-year instalment repayment

Total 15-year loan

Support Ratio (standard)

SMEs (including individuals and cooperatives) up to 75 % / mid-sized companies up to 55 % / RE100 large companies (self-consumption) up to 35 %

Of total project cost / Source: New & Renewable Energy Center financial support programme

Support Ratio (priority support)

Industrial complex solar qualifies for priority support → ratio raised by 5 %p: SMEs 80 % / mid-sized 60 % / RE100 large companies up to 40 %

★ Key 2026 update (industrial complex priority support +5 %p)

Support Limit

Up to KRW 30 billion per business operator in the solar sector
(minimum application KRW 30 million; recommendations in KRW 1 million units)

Source: New & Renewable Energy Center financial support programme

Low-Carbon Modules

Support requires the use of low-carbon PV modules emitting 655 kgCO₂/kW or less (mandatory)

★ Applies from 2026 (low-carbon module standard notified by the Ministry of Climate)