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'Resident-Participatory' Project Linking Renewable Energy Expansion with Basic Income Utilizing State-Owned Embankment... 24 Village Households Drive Project Residents Bear the Entire Project Cost Through Loans and Funds [Anchor] Hwaseong City, Gyeonggi Province, has launched the so-called 'Resident-Participatory Sunshine Income Village,' utilizing state-owned land. The profits from power generation are planned to be used for village welfare and community revitalization. Reporter Choi Ki-seong reports. [Reporter] Solar power equipment is densely packed in one corner of the village. Hwaseong City has linked the expansion of renewable energy with basic income policies through its 'No. 1 Sunshine Income Village,' established as a resident-participatory project. This is the first time in the nation that a solar power plant has been built utilizing a state-owned embankment. 24 village households formed a solar power cooperative to directly drive the project. The project cost of 520 million won was also raised entirely through the residents' own funds, utilizing credit union loans and village funds. The power generation capacity is 422 kW. The cooperative expects to generate approximately 100 million won in annual revenue and 70 million won in net profit. The profits are planned to be used for resident welfare, including operating local village buses, health checkups, community dining halls, and cultural and leisure programs. [Jeong Myeong-geun / Mayor of Hwaseong, Gyeonggi Province: There are limits to the support our city can provide through budget and policy. Therefore, although this is the first location, we plan to expand this initiative to about 50 villages in Hwaseong City.] Using this case as a starting point, Hwaseong City plans to establish a structure where profits from locally produced energy return to the local community. This is Choi Ki-seong from YTN. Video Editing: Kang Eun-ji Design: Baek Ji-oh Video Cooperation: Hwaseong City YTN Choi Ki-seong ([email protected]) ※ 'Your Tip Becomes News' [KakaoTalk] Search for YTN and add the channel [Phone] 02-398-8585 [Email] [email protected] ▶ Original Article: https://www.ytn.co.kr/_ln/0115_202607... ▶ Send a Tip: https://mj.ytn.co.kr/mj/mj_write.php ▣ Subscribe to YTN YouTube Channel: http://goo.gl/Ytb5SZ ⓒ YTN Unauthorized reproduction, redistribution, and use of AI data are prohibited.

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