HD Construction Machinery is accelerating its efforts to achieve RE100 by increasing the use of renewable energy at its facilities.
On August 6, the company announced that it has signed multiple power purchase agreements (PPAs) with renewable energy producers for a total capacity of 12.4 megawatts peak (MWp) at its Incheon plant.
As a result of this agreement, the share of renewable energy used at the Incheon facility is expected to rise from 19% to 43.9% by January 2027. The company is also expanding its renewable energy usage at other major domestic sites, with projections of 42% in Ulsan and 53.1% in Gunsan during the same period.
The overall share of renewable energy used across all domestic sites of HD Construction Machinery is anticipated to increase from the current 22% to 40.3%. This shift is expected to result in an annual reduction of 22,155 tons of greenhouse gases, equivalent to planting approximately 3.36 million 30-year-old pine trees.
RE100 is a global campaign initiated in 2014 by the Climate Group and the Carbon Disclosure Project (CDP), aiming for companies to transition to 100% renewable energy sources such as solar and wind.
An official from HD Construction Machinery stated, "Expanding the use of renewable energy is a key task for securing sustainable manufacturing competitiveness. We will continue to enhance external renewable energy procurement and self-generation to meet our RE100 goal by 2040 and achieve net-zero carbon emissions by 2050."
In the second quarter of 2026, HD Construction Machinery reported revenues of 2.4342 trillion won and an operating profit of 248.9 billion won.
* This article has been translated by AI.
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