Important Upcoming Changes to the Korean Electricity Business Act regarding Solar Farm Developments
There have been recent amendments to the Electricity Business Act (‘EB Act’) (the main Act governing the granting of permits required to develop and operate renewable energy projects in Korea) that are likely to affect a large majority of potential investors in Korean solar farm projects. As is discussed below, the legislative amendments are due …
News Alert – Recent Amendment to Korean Patent
New hybrid approach covering full scope of infringing sales (lost profits + reasonable royalty) On May 20, 2020, the Korea National Assembly approved a bill to amend the Patent Act, adopting a so-called hybrid damages approach – where a patentee will be entitled to seek a royalty, as additional damages, for sales that exceed the …
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COVID-19 Outbreak: Managing Legal Issues from the Korean Law Perspective
While Korea has had considerable success in containing and curtailing the first wave of the novel coronavirus outbreak (‘COVID-19’), the ongoing spread of the pandemic continues to disrupt the global economy, significantly impacting businesses and companies in all industries worldwide. As a result, businesses and companies both within Korea and throughout the world are increasingly confronting …
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Powering up government efforts under lockdown
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COVID-19 may power down the energy sector
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Understanding the reasons behind discom stress
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The solution for the rooftop solar revolution
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Are electric vehicles sparking into life at last?
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Energy DRM adds more confusion than clarity
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Enforcing PPA: Guarding against unilateral change
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