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Decarbonization project

Korea Domestic 444MW Renewable PPA

This project is announced in South Korea. The source does not give a quantified reduction for this project.

Status
Announced
Estimated reduction
Not quantified in the source
Countries
South Korea
Sector
Renewable power
Announced
Not stated
Expected start
2024

About this project

The description is as the source gives it.

Hyundai Motor Company signed Korea's largest-ever corporate renewable power purchase agreement (PPA) totaling 444 MW in 2024. The PPA supplies electricity to multiple domestic manufacturing and R&D sites including Ulsan Plant, Asan Plant, Jeonju Plant, and Namyang R&D Center, supporting RE100 goals and reducing Scope 2 emissions from own operations. Evidence: "Signed the nation’s largest-ever PPA (444MW) in 2024 for domestic operations (Ulsan Plant, Asan Plant, Jeonju Plant, Namyang R&D Center and others)" — https://www.hyundai.com/worldwide/en/company/sustainability

Statuses, countries and reductions are as the public source states them, and may be out of date.

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