S. Korea Wins $170m in Renewable Energy Investment

Source:

"South Korea. . .signed a memorandum of understanding with European firms for a total investment of $200 million. . ."

South Korea has won $170 million in investment from foreign companies for renewable energy development, the Energy Ministry said on Tuesday.

South Korea, not a member of the Kyoto Protocol, signed a memorandum of understanding with European firms for a total investment of $200 million, of which $170 would be spent on renewable energy development, it said.

"We see such investments as a way for developed renewable technology to be transferred to South Korea," the ministry said.

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