South Korean government
South Korea, the world's second-largest buyer of liquefied-natural-gas after Japan and fifth leading oil importer, plans to increase investment in renewable resources by 24% this year, to 1 trillion won (US$890 million) from 808.4 billion won last year, according to an e-mailed statement issued by the Ministry of Knowledge Economy (this past October, the South Korean government said it would inject some $35 billion into the public and private sectors by 2015 to boost renewables).
The South Korean government has announced it will invest US$35.4 billion in the development of renewable energy resources by 2015.
Hyundai Motor Co. has unveiled what is touted as South Korea’s first Full-Speed Electric Vehicle (FSEV), the BlueOn.





