{"id":90088,"date":"2022-11-18T10:07:00","date_gmt":"2022-11-18T05:07:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=90088"},"modified":"2022-11-18T17:25:56","modified_gmt":"2022-11-18T12:25:56","slug":"south-korea-solar-power-plant-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/south-korea-solar-power-plant-pakistan.html","title":{"rendered":"South Korea to gift solar power plant to Pakistan&nbsp;"},"content":{"rendered":"\n<p>Islamabad: The government of South Korea will give Pakistan a solar plant on the 40th anniversary of the establishment of its bilateral relations with the country, news sources reported on November 16.&nbsp;<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pakistan-explore-avenues-cooperation-korea.html\" data-type=\"post\" data-id=\"88269\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan to explore new avenues for cooperation with Korea<\/a><\/p>\n\n\n\n<p>The solar power plant will be built as part of the South Korean Economic Development Cooperation Fund (EDCFG) for developing nations. In this respect, a memorial service will be conducted in Islamabad at the South Korean embassy under the topic \u2018The Role of EDCF in Promoting Renewable Energy\u2019.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pakistan-denmark-help-green-transition.html\" data-type=\"post\" data-id=\"86583\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan seeks Denmark\u2019s help for green transition<\/a><\/p>\n\n\n\n<p>According to a statement issued by its consulate, South Korea is focusing on \u2018climate change response\u2019 and is working to increase the share of green energy to 21.6% by 2030. The South Korean government is concentrating on the world&#8217;s first commercialization of next-generation solar power technology as well as the advancement of the domestic value chain in the wind power industry. This will serve as a bridge between advanced and developing countries in various climate negotiations for greenhouse gas reduction and adaptation to climate change.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/foundation-stone-for-green-energy-projects-phase-iii-in-gwadar-laid.html\" data-type=\"post\" data-id=\"54688\" target=\"_blank\" rel=\"noreferrer noopener\">Foundation stone for Green Energy Project\u2019s Phase III in Gwadar laid<\/a><\/p>\n\n\n\n<p>It is vital to note that in Pakistan, renewable sources (wind, solar, and biogas) account for around 10.57 % of total installed power production capacity (in 2020), with hydroelectricity accounting for the overwhelming share. The government intends to diversify its energy mix away from fossil fuels by including a 20% shift to renewable energy by 2025, and increasing it to 30% by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government of South Korea will give Pakistan a solar plant on the 40th anniversary of the establishment of its bilateral relations with the country, news sources reported on November 16.&nbsp; Read: Pakistan to explore new avenues for cooperation with Korea The solar power plant will be built as part of the South Korean Economic Development Cooperation Fund (EDCFG) for developing nations. In this respect, a memorial service will be conducted in Islamabad at the South Korean embassy under the topic \u2018The Role of EDCF in Promoting Renewable Energy\u2019. Read: Pakistan seeks Denmark\u2019s help for green transition According to a statement issued by its consulate, South Korea is focusing on \u2018climate change response\u2019 and is working to increase the share of green energy to 21.6% by 2030. The South Korean government is concentrating on the world&#8217;s first commercialization of next-generation solar power technology as well as the advancement of the domestic value chain in the wind power industry. This will serve as a bridge between advanced and developing countries in various climate negotiations for greenhouse gas reduction and adaptation to climate change. Read: Foundation stone for Green Energy Project\u2019s Phase III in Gwadar laid It is vital to note&hellip;<\/p>\n","protected":false},"author":84,"featured_media":68648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15181],"tags":[54971,54970,54972,54969],"persona":[],"class_list":{"0":"post-90088","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-energy-development","9":"tag-enrrgy-infrastructure","10":"tag-korea-pakistan","11":"tag-south-korea-to-gift-solar-power-plant-to-pakistannbsp","12":"cat-15181-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>South Korea to gift solar power plant to Pakistan&nbsp; - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government of South Korea will give Pakistan a solar plant on the 40th anniversary of the establishment of its bilateral relations with the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/south-korea-solar-power-plant-pakistan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea to gift solar power plant to Pakistan&nbsp; 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