50MW Self-Consumption Solar Power Plant to Be Built at Kia Autoland Hwaseong

A 50MW self-consumption solar power plant will be installed at Kia Autoland Hwaseong in Hwaseong, Gyeonggi Province.

On December 4, Gyeonggi Province signed a business agreement with Hwaseong City, Kia, and the Korea Asset Management Corporation at Kia Autoland Hwaseong to promote a solar power generation project and support the implementation of RE100.

The agreement involves installing a 50MW self-consumption solar power plant and an energy storage system (ESS) on state-owned land within Kia Autoland Hwaseong, which is located in the Ujeong District of the Asan National Industrial Complex.

Kia will replace the energy required to operate its factory with renewable energy, while Gyeonggi Province, Hwaseong City, and the Korea Asset Management Corporation will support Kia's implementation of RE100.

The 50MW solar power plant will be the largest of its kind in the province and will provide enough electricity for 20,000 households to become energy self-sufficient. This is equivalent to the greenhouse gas reduction effect of planting approximately 4.3 million pine trees.

The installation of the power plant will be finalized through various permitting procedures, including impact assessments and review committee deliberations, following changes to the industrial complex plan.

Gyeonggi Province is taking a commemorative photo after signing a business agreement with Hwaseong City, Kia, and Korea Asset Management Corporation at Kia Autoland Hwaseong on the 4th to promote a solar power generation project and support the implementation of RE100. Provided by Gyeonggi Province

Under the agreement, Gyeonggi Province and Hwaseong City will support permitting and administrative procedures and work to improve related regulations. The Korea Asset Management Corporation will support the leasing of state-owned land within Kia Autoland Hwaseong. Kia will be responsible for building the solar power facilities and ESS, as well as promoting the energy transition.

Gyeonggi Province is implementing the "Industrial Complex RE100" policy, which aims to establish a foundation for the production and supply of renewable energy by utilizing idle spaces such as the roofs and parking lots of industrial complexes in the province.

To this end, the province has built a cooperative system with private investment companies and has taken the lead in regulatory improvements, such as changing the basic management plans for industrial complexes. As a result, the number of industrial complexes where solar power projects are possible has increased from 50 to 146, and in terms of area, solar power projects are now possible in 98.5% of industrial complexes in the province.

Cha Seongsu, Director of the Climate, Environment and Energy Bureau of Gyeonggi Province, said, "We are grateful for the voluntary and proactive participation of companies in the energy transition, as well as the close cooperation of the Korea Asset Management Corporation," adding, "Gyeonggi Province will continue to fully support local companies in implementing RE100 and achieving carbon neutrality."

This content was produced with the assistance of AI translation services.