(EnergyAsia, August 2, Thursday) — The South Korean government has raised its renewable energy investment budget to 1.26 trillion won from 1.1 trillion by 2008. (US$1=925 won).Renewable energy-fired power plants will provide up to 348 MW of electricity by 2008 to supply the needs of 230,000 domestic households. Last year, it invested 125 billion won…