One Million Green Home Programme

The so called “1 Million Green Home Project” in Korea supports a big range of renewable energy technologies: solar thermal, photovoltaics, geothermal, biomass or small wind energy. The aim until 2020 is to create a million homes that use one of these technologies. Each year, the government will set the new budget for the next one.

The Green House Program did not accept new applications in 2018 due to a lack of allocated budget. The administrators only paid subsidies for applications from the years 2016 and 2017 that were delayed in payment.

Country / regionSouth Korea
Name of programme1 Million Green Home Project
Type of incentiveSubsidy
Eligible technologiesSolar thermal, PV, geothermal, biomass and small wind
Applicable sectorsResidential sector (home owners need to be on a residential list)
Amount930,000 KRW/m2 (715 USD/m2)
Maximum incentive50 % of the investment cost of a solar thermal system
Requirements for systemCollector certification has to comply with requirements set forth by the government
Requirements for installationThe installer has to be certified by the Korean Energy Management Corporation (KEMCO).
Finance providerKorean New and Renewable Energy Center (KNREC)
Total funds KRW 94.3 billion ( USD 72 million) for all five technologies in 2009:

KRW 33.3 billion (USD 25 million) for solar thermal, geothermal

KRW 59 billion (USD 45 million) for photovoltaics

(exchange rate: 1 USD / 1,300 KRW)

The total budget will be set new each year.

Funding sourcePublic money
Effective date1 January 2009, with an stop in funding in 2018
Expiration date 2020
WebsiteMinistry of Knowledge Economy (
Last review of this tabloidDecember 2017
ContactKoran Energy Management Corporation
phone : +82/31/260-4114
Yongin City, Gyeonggi-Do,
South Korea



Baerbel Epp

Bärbel Epp is Founder and Director of the German communication and market research agency solrico and editor-in-chief of