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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 KoreaGreen Industrial Plansolar powerelectric vehiclesbatteries
Evidence
- South Korea picks solar, battery and EVs as key sectors in US$747 billion Green Industrial Plan · PV Tech
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