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TotalEnergies signs with Daehwa Pharmaceutical to install solar system in Korea

TotalEnergies will develop a 1.8 MW photovoltaic installation for Daehwa Pharmaceutical, covering approximately 20% of the annual energy requirements of the production site located in Hoengseong-gun, South Korea, under a 20-year agreement.

TotalEnergies signs with Daehwa Pharmaceutical to install solar system in Korea

CountriesCorée du Sud
CompaniesTotalEnergies
SectorÉnergie Solaire, Photovoltaïque
ThemeInvestissements & Transactions, Contrats

TotalEnergies has entered into an operating lease agreement for the implementation of a solar photovoltaic project with the South Korean pharmaceutical company Daehwa Pharmaceutical Co., Ltd. The project involves an industrial site of Daehwa Pharmaceutical located in Hoengseong-gun in Gangwon-do Province, east of Seoul, the South Korean capital. The agreement provides for the installation of a photovoltaic system with a capacity of 1.8 megawatt-peak (MWp), with an initial duration set at 20 years. TotalEnergies will fully finance the construction, operation, and maintenance of the solar facility.

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Énergie Solaire