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South Korea unveils $747 billion Green Industrial Plan

Original: South Korea picks solar, battery and EVs as key sectors in US$747 billion Green Industrial Plan

South Korea has announced a Green Industrial Plan worth US$747 billion, designating solar power, batteries and electric vehicles as key growth sectors. The plan signals a major state-backed push into clean energy industries, positioning the country to compete with the US, China and the EU in the global race for green technology manufacturing and investment.

Why now: Governments and investors are closely watching how countries position their industries amid intensifying global competition over clean energy subsidies and supply chains.

South Korea Green Industrial Plan solar power electric vehicles batteries

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South Korea picks solar, battery and EVs as key sectors in US$747 billion Green Industrial Plan · PV Tech

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