‘Switch to Renewable Power Before You’re Forced to’ October 31, 2006.
“The world is slowly but steadily shifting from fossil fuels toward renewable energies. It is unavoidable for related industries to fit themselves into the wind of change or otherwise fade away, said Lee Hyun-seung, chief of GE Energy Korea. “If a company does not take action beforehand, it will inevitably fall behind the trend,” he said. “It is most important to realize how the world is changing, and to take the appropriate initiative.”
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“So the gap will increase between companies that are prepared and companies that are not prepared,” he said.
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“Renewables are even more important to South Korea as most of its oil and coal demands are imported,” Lee said. “It has to diversify its energy portfolio, because no one knows how the fuel price will change in the future.””

PowerLight Exports 1 MW Solar Project to Korea July 13, 2006.
“PowerLight Corp. will export equipment and services for the development and deployment of a 1–megawatt (MW) solar power project in Gwangju, Korea, thanks to a 15–year, $7.8 million medium–term loan guarantee from the Export–Import Bank of the U.S. (Ex–Im Bank).”

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