1.3 million won per 1 kw, 2% interest difference support within the maximum loan amount of 200 million won
In order to stabilize the management of small and medium-sized solar power generation businesses and increase the supply of new and renewable energy, Chungbuk Province will support the difference in interest from the loan for the installation of solar power facilities.
The target of support is the installation business of solar power generation facilities in the province who has the address of resident registration in Chungbuk-do as of the 8th of the announcement and has received permission for power generation and development.
It must be a project that has not completed the completion inspection and pre-electricity inspection at the time of application, and provides a 2% interest difference of the loan interest rate for 3 years from the date of the loan, up to 1.3 million won per 1 kw, and up to 200 million won.
It supports a total interest difference of 7 billion won, and can be repaid in installments of 5 years with a 3-year deferment.
A total of five financial institutions including Kookmin Bank, Industrial Bank, Shinhan Bank, NH Nonghyup Bank, and Hana Bank will participate in this project.
Reception is from the 8th of this month to December 24th, and it will be terminated early when funds are exhausted.
Applicants can visit and submit the required documents to the Corporate Support Team of the Corporate Support Department of the Chungbuk Business Promotion Agency, referring to the notice of the website of Chungbuk Provincial Office or the notice from the Chungcheongbuk-do Business Promotion Agency.
Chungbuk-do energy manager Kim Hyung-nyeon said, “Many solar power generation companies are experiencing difficulties as the price of the renewable energy supply certificate (REC) continues to decline in the spot market.” Hopefully, we will discover various policy projects to expand the supply of renewable energy in the future.”
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