South Korea\'s Ministry of Science and ICT said on Wednesday it is accelerating technology development to respond to climate change to implement government policy tasks and meet its 2035 greenhouse gas reduction target. The ministry has drawn up a 2026 implementation plan under its first basic plan for climate response technology development. It plans to invest 3.42 trillion won this year across emissions cuts, adaptation and an innovation ecosystem, up 14.1 percent from a year earlier.

Hanwha Solutions approved a 2.4 trillion won rights issue to overhaul its financial structure and pre-empt pressure on its credit rating by directly repaying debt. Of the proceeds, 1.5 trillion won will be used to redeem bonds, commercial paper and credit lines maturing this year, targeting a consolidated debt ratio below 150 percent by year-end. The remaining 900 billion won will fund solar technology investments over three years. The company also disclosed a 2026-2030 shareholder return policy.