Yeosu to build 50 MW solar complex on public land

A carbon neutrality and local economy revitalization model

The city of Yeosu is moving ahead with a large-scale solar power project on city-owned public land to address the climate crisis and boost the local economy, Mayor Seo Yeong-hak announced.

The city plans to install 50 megawatts of solar power facilities on public sites, including public parking lots and idle land, to achieve carbon neutrality and introduce a profit-sharing model under which power generation revenue is distributed to residents.

To keep the project on track, the city launched a research study on July 13 to examine profit-sharing arrangements for the solar initiative on public land.

The study will assess available public sites and analyze economic feasibility, while also examining financing options and specific mechanisms for sharing benefits with residents. Solar installations are scheduled to begin in January next year.

"Once this project gets fully under way, it will contribute to carbon neutrality through greenhouse gas reductions from solar power generation, and sharing the revenue with residents will inject new vitality into local incomes and the broader local economy," an official from the city's new industries and energy division said.