RPS business (Solar power generation)

What is the solar power generation business?

This business generates profits by selling electricity produced by solar modules installed on the land,
building roofs, and factory roofs to KEPCO and other power generation companies.

Features of the solar power generation business

As an eco-friendly power generation business, it is a stable, profitable investment,
and its long life (more than 20 years) makes it easy to maintain and manage.

Power generation business process

The best experts at each stage provide one-stop assistance from business planning to post-construction inspection.

STEP 01

Select the business site

  • Confirmation of areas where power generation project is available

    - Check the land and buildings

STEP 02

Obtain permit & approval for power generation project

  • Apply for the relevant local government

    - Provincial office: 500KW or more

    - County office: Less than 500KW

  • Takes approximately 50 days after receipt

    * Capacity standards vary by the local government.

STEP 03

Obtain permission for development

  • Permit for city/county office
  • Takes approximately 15 days after receipt of application

    (obtain residents’ consent if necessary)

STEP 04

Business license

  • Competent tax office (city/county unit)
  • Approximately 7 days after receipt

STEP 05

Report the construction plan

  • Check the local government (provincial office, city/county office)
  • Select the electric supervisor (design management contract)

STEP 06

Installation work

  • Civil works
  • Electrical work (Module, inverter decision)
  • Structure work

STEP 07

Inspection before use

  • Electrical safety work

STEP 08

Sales contract

  • Power supply and demand contract (KEPCO/Power Exchange)
  • REC purchase contract

    - Mandatory purchase required

STEP 09

Report on commencement of commercial operation

  • Province/city/county office report

STEP 10

Confirm the installation

  • Apply for confirmation of facilities subject to RPS
  • Check the Energy Agency

STEP 11

Issue REC / transaction

  • Renewable energy center

    - REC issuance

  • Power Exchange

    - REC transaction

The expected effect on profitability

Since electricity produced from solar energy, an infinite resource, can be sold to KEPCO and power generation
companies for a long time, stable profits are guaranteed with low maintenance costs.

제품

  • 1Installation area

    about 400 Pyeong

  • 2Installation capacity

    99kW

  • 3Investment cost

    175 million won

제품

Annual average sales (12 years average)
24 million won (about per month 2 million won )
  • ※ Based on SMP 80 won/kWh, REC 100 won/kWh, average daily power generation 3.5kWh
  • ※ Land purchase cost/ civil engineering work/ licensing/ separate system connection cost
  • ※ Power generation capacity and revenue may vary depending on the installation area and location.