This report mainly analyzes markets of solar PV and energy storage in Korea. First of all, the current solar and battery storage landscape will be discussed, which includes electricity generation mix, the profit model of renewable energy, the potential of floating PV and the development status of energy storage. Subsequently, this paper will talk about strategic plans and supporting policies of solar power. Last but not least, this report will provide a conclusion which is about an investment opinion of solar energy in the Republic of Korea.