Aerial photograph of rooftop solar on a Korean agro-industrial complex

PV Development

Solar Project Development
From finding the site to designing the revenue structure

Ground-mount, rooftop, carport, agrivoltaic.
We put a number on what a site can do, then tell you which structure pays best — lease, owner-invested, or investor-backed.

GRIDAEND's solar project development service assesses five things up front — siting and regulation, grid connection, energy yield, revenue structure, and financing and subsidy eligibility — to establish whether a site works and which commercial structure fits it, then connects manufacturers, EPC contractors, and financing to turn it into a working project.

GRIDAEND's solar project development service assesses five things up front — siting and regulation, grid connection, energy yield, revenue structure, and financing and subsidy eligibility — to establish whether a site works and which commercial structure fits it, then connects manufacturers, EPC contractors, and financing to turn it into a working project.

Site photograph related to Solar Project Development
The development sequence, from finding a site to designing the revenue structure

A solar project is won or lost before construction begins

Choosing a good module and a good inverter matters. It does not, on its own, produce revenue. Whether the land supports a project, whether the power can reach the grid, whether the permits will come, and how the electricity should be sold across 20 years — those judgments come first.

GRIDAEND assesses the site and designs the commercial structure. We then compare equipment, construction, and financing terms to find the combination that pays best, manage the permitting and construction schedule, and collect the quality inspection results. After commissioning we look at operations and at extending the project with an energy storage system (ESS) or virtual power plant (VPP) participation.

So the first thing we send is a report, not a quote. You see the findings first, and decide whether to proceed after that.

The five things we look at

The initial feasibility assessment covers these five items and comes back as a report. There is no charge.

ItemWhat we checkWhy it matters
Siting and regulationLand-use zoning designation, the municipal setback ordinance, the prospect of a development activity permit, and conversion requirements for farmland or forest landA site that cannot be permitted is not a project, however good the irradiation
Grid connectionSpare capacity at nearby substations and distribution lines, and the state of the grid connection queueConnection delay is the most common reason a project stops
Energy yieldA yield simulation built on irradiation, orientation, and slopeEvery revenue figure starts here
Revenue structureLong-term fixed-price contract, spot market, PPA, and self-consumption scenarios compared, plus lease against owner-investedThe 2027 regime change makes this choice matter more than it used to
Financing and subsidyFinancing terms and eligibility for government support programsThese set the upfront burden and the payback period

Swipe the table sideways to see the rest

What the initial feasibility assessment report covers

In 2027, the way solar revenue works changes

This is why the assessment should start now.

On 20 August 2026 the National Assembly passed an amendment replacing the Renewable Portfolio Standard (RPS) with a renewable energy contract market. According to government materials, Renewable Energy Certificates (RECs) will no longer be issued to new plants from 2027. New projects will earn through one of two routes: winning a competitive tender in the contract market, or a direct PPA.

Existing plants commissioned by 2026 with a record of REC issuance keep access to the spot market under a transition period running to 2029, on the government's proposal. Commissioning date and contract type therefore split the next 20 years of revenue.

The amendment also creates a separate bidding track for small operators and a legal basis for priority grid connection for community-participation projects of 1 MW or less. Which track a project falls into, and what it has to prepare and when, differs from site to site. The assessment report sets that out for your site.

Source: National Assembly plenary passage (2026-08-20), as reported by Energy Daily, Newsis, and Korea Policy Briefing (2026-08-21). Subordinate regulations and detailed implementation rules were not yet final as of 22 August 2026, so the binding conditions are those in the official notices and the guidance of the relevant authorities.

Three commercial structures, and which one suits you

The same site favors a different structure depending on how much you can invest and what you want out of it.

StructureWhat you put inWhat you getSuits
LeaseNothing beyond the land or the roofAnnual rent for the term of the contractLandowners and building owners who want steady income without investing
Owner-investedCapital for the plant (financing and support programs available)Revenue from selling power, or the reduction in your electricity billProject owners with capital who want the full return
Investor-backedThe land,
plus a minority equity stake
Rent plus a share of the returnsLarge sites, and cases where mixed-use development is on the table

Swipe the table sideways to see the rest

Rent and returns depend on the site, so we do not publish fixed figures. The assessment report compares the 20-year cash flow of all three structures.

Each site type is judged on different things

  • Ground-mount solar

    Farmland, forest land, and miscellaneous land. It comes down to the land-use zoning designation, the municipal setback ordinance, the development activity permit, and spare grid capacity.

  • Rooftop solar

    Factory, warehouse, and retail roofs. Structural capacity, responsibility for waterproofing, and the choice between leasing and investing yourself.

  • Solar carport

    Canopy structure design, parking circulation, and integration with EV charging.

  • Agrivoltaics and other types

    Continued-farming requirements, the permitted term of land use, and local acceptance. Repowering of aging plants sits here too.

Benefit

What you get out of this

Revenue

Where the revenue comes from

  • No charge to be assessed

    The initial feasibility assessment is free of charge. Where detailed work carries an external cost, we tell you the cost before it starts.

  • Rent, or revenue from power

    Under a lease you provide the land and collect rent without investing. Under the owner-invested model you keep the power revenue or the saving on your electricity bill.

  • Bids compared side by side

    We put the terms from our partner consortium next to each other on unit price and contract conditions. We never require you to use a particular contractor.

  • Subsidy and financing design

    We look at government deployment support programs alongside equipment loans and project finance to bring the upfront cost down.

  • Revenue after commissioning

    Adding storage or joining a virtual power plant opens further revenue routes once the plant is running.

  • Risks flagged before you commit

    Permitting failure, the grid connection queue, and structural capacity are graded in the report before any work begins.

Actual amounts and rates of return vary with the conditions at the site. The assessment report works them out for your site.

FAQ

Frequently asked questions

The questions we are asked most about Solar Project Development.

We assess the site and design the commercial structure. We compare equipment, construction, and financing terms to find the combination that pays best, manage the permitting and construction schedule, and collect the quality inspection results. The construction itself is carried out by vetted partner contractors.

The initial feasibility assessment is free of charge, and the report comes back within about five business days. Detailed work that carries an external cost — structural review, land survey — is quoted first and starts only once you agree.

No. We put the terms from our partner consortium side by side and show them in full. The final choice is yours.

Anywhere from a few months to more than a year, depending on size, location, and the grid situation. The usual order is the electricity business licence, the development activity permit, the construction plan filing, the pre-use inspection, and the notification of commencement of business. The assessment report gives an expected schedule for your site.

Sites anywhere in the country. Our head office is in Dongtan, Hwaseong, Gyeonggi Province, and our partner network covers construction and operations nationwide.

Free assessment

It starts with one line: the site address.

Leave the address and a way to reach you. We send back an initial assessment report within about five business days.
If the site stands up as a project, the report also sets out competitive EPC bids and financing terms.

Available to landowners, building owners, or their authorized representatives · Results come back as a report