South Korea Solar-Panel Output May Rise, Industry Official Says
BUSINESSWEEK - South Korea’s solar-panel production may more than double this year on the global economic recovery and lower component costs, an industry official said.
“South Korean solar-module makers are running their plants at full capacity, up from about 50 percent early last year when the global recession hit the market,” Lee Seongho, executive vice president at Korea Photovoltaic Industry Association, said in an interview in Seoul today. Output may exceed 1,000 megawatts this year compared with 500 megawatts in 2009, he said.
