Gyeonggi Technopark (Director Dong-jun Yoo) announced on the 13th that it has selected five projects,

including Korea Polymer Co., Ltd., for the '2023 Energy Innovation Technology Support Project', aimed at improving energy industry technology among climate tech companies in the province. The project signed an agreement to provide up to KRW 400 million in R&D funding per project over two years.

In April, Gyeonggi Province announced the 'Gyeonggi RE100 Vision', declaring its goal of achieving a 30% share of renewable energy generation by 2030, reducing greenhouse gas emissions by 40%, and transitioning public institutions to 100% renewable energy.

This project recruited applications from 10 key Gyeonggi RE100 technology fields, including solar power, wind power, new energy materials, industrial efficiency, building efficiency, transportation efficiency, and big data.

To enhance project performance and efficiency, this project involves collaborative efforts with large corporations and other demand companies on the R&D achievements of participating companies.

Korea Polymer Co., Ltd. (CEO Kim Ki-cheon), a developer of high-efficiency thermoelectric power generation modules, has decided to apply its technology to Company K's Jeonju plant after development is complete.

Five other companies, including Taesan Solutions Co., Ltd., Remplir Co., Ltd., SEP Cooperative, and KB Element Co., Ltd., were also selected.

Selected companies will receive up to KRW 400 million in subsidies per company over a two-year period. These funds can be used for technology development, certification and testing, and intellectual property applications.

On that day, Gyeonggi Technopark Strategic Business Division Director Chun Young-mi also held a meeting with climate tech companies to gather their concerns and opinions.

After the meeting, Director Chun Young-mi stated, "Our climate tech companies are developing new energy technologies, but there are many challenges that the government and the public sector must address together to ensure the effective use of these technologies, such as deregulation and the establishment of new technology standards.

Therefore, I urge climate tech companies to develop individual elemental technologies, while Gyeonggi Province and Gyeonggi Technopark provide support from behind the scenes. We ask that you do your best to achieve these goals. " She concluded the meeting with a request, "Please do your utmost to achieve these goals."