HS Hyosung Advanced Materials Completes Large-Scale Solar Power Facility at Vietnam Subsidiary

Completion of 17.5 MWp Rooftop Solar Power Facility
Expansion to a Total of 37.5 MWp Scheduled for August Completion

HS Hyosung Advanced Materials announced on March 30 that it has completed the construction of a rooftop solar power facility with a total capacity of 17.5 megawatt-peak (MWp) at its Vietnam subsidiary's factory in the Nhon Trach Industrial Complex, Dong Nai, Vietnam, and has started full-scale operations.

Factory view of HS Hyosung Advanced Materials Vietnam branch. HS Hyosung Advanced Materials

This facility, a "Smart Green Factory" that combines digital energy management technology with renewable energy, was developed in collaboration with NuriFlex, an energy IT company. By introducing an Internet of Things (IoT)-based energy management system, HS Hyosung Advanced Materials has established a system that enables real-time monitoring of power generation and equipment status, optimizing operational efficiency.

HS Hyosung Advanced Materials will secure a total rooftop solar capacity of 37.5 MWp within the Nhon Trach Industrial Complex once additional facilities are completed in August. Starting from the second half of the year, when all facilities are operational, the company expects to reduce annual electricity costs by more than 6 billion won, thereby strengthening production cost competitiveness and achieving greenhouse gas emission reductions.

A representative from HS Hyosung Advanced Materials stated, "Starting with our production base in Vietnam, we are simultaneously promoting the transition to renewable energy and energy efficiency at each business site. By expanding solar power facilities, we aim to enhance both cost competitiveness and our ability to respond to ESG (Environmental, Social, and Governance) demands, while proactively meeting the needs of our global clients."

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