The city government will accept applicants until June 10 and subsidize a total of 1.5 billion won ($1.2 million) to selected applicants. The subsidy is available for two types of BIPVs. For those installing "design-type" BIPVs (designed to look less conspicuous), the city will cover up to 70 percent of the installation costs.
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The city government will accept applicants until June 10 and subsidize a total of 1.5 billion won ($1.2 million) to selected applicants. The subsidy is available for two types of BIPVs. For those installing "design-type" BIPVs (designed to look less conspicuous), the city will cover up to 70 percent of the installation costs.
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Land reserve projects lay the foundation for land financialization by producing reserved land, which can become a tradable commodity or mortgage. Land reserve projects have four steps, including land acquisition, the primary development of land (or site preparation), land holding, and land disposition ( Huang and Chan, 2018 ).
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