Volvo CE agrees to 20-year solar power deal at its South Korea production facility
Volvo CE has signed a purchase agreement with LS Electric for the implementation of solar panels and a factory energy management solution (FEMS) at its Changwon facility in South Korea. Volvo CE has committed to buy green electricity for a span of 20 years – from 2024 to 2043. The agreement is expected to provide approximately 55 GWh of renewable energy a year.
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Volvo CE has signed a purchase agreement with LS Electric for the implementation of solar panels and a factory energy management solution (FEMS) at its Changwon facility in South Korea. Volvo CE has committed to buy green electricity for a span of 20 years – from 2024 to 2043. The agreement is expected to provide approximately 55 GWh of renewable energy a year.
