Hyundai Signs 174MW Renewable Energy Deal
POWER & RENEWABLE ENERGY

Hyundai Signs 174MW Renewable Energy Deal

Hyundai Motor Company has taken a significant step towards sustainability by signing a deal for 174MW of renewable energy to power its electric vehicle (EV) plant in the United States. This move underscores Hyundai's commitment to reducing its carbon footprint and promoting eco-friendly manufacturing practices.

The renewable energy deal, which encompasses a capacity of 174MW, will primarily consist of solar and wind power sources. By utilising renewable energy to power its EV plant, Hyundai aims to minimise greenhouse gas emissions associated with its manufacturing processes, thereby contributing to global efforts to combat climate change.

This strategic initiative aligns with Hyundai's broader sustainability goals and its vision for a greener future. By investing in renewable energy, Hyundai not only reduces its environmental impact but also sets a precedent for other automotive manufacturers to follow suit. As the automotive industry shifts towards electric mobility, sourcing renewable energy for manufacturing facilities becomes increasingly crucial to ensure the sustainability of the entire supply chain.

Hyundai's commitment to sustainability extends beyond its manufacturing operations. The company has been actively expanding its lineup of electric and hybrid vehicles, aiming to offer consumers more eco-friendly transportation options. By incorporating renewable energy into its production processes, Hyundai reinforces its position as a leader in sustainable mobility solutions.

Moreover, this renewable energy deal is a testament to Hyundai's dedication to corporate social responsibility (CSR). By prioritising environmental conservation and renewable energy adoption, Hyundai demonstrates its commitment to creating a positive impact on society and the environment.

In conclusion, Hyundai's decision to sign a renewable energy deal for its EV plant in the US signifies a significant milestone in its journey towards sustainability. By harnessing solar and wind power, Hyundai not only reduces its carbon footprint but also sets an example for the automotive industry to embrace renewable energy solutions. This move reinforces Hyundai's position as a forward-thinking and environmentally responsible company, driving positive change in the transition towards a greener future.

Hyundai Motor Company has taken a significant step towards sustainability by signing a deal for 174MW of renewable energy to power its electric vehicle (EV) plant in the United States. This move underscores Hyundai's commitment to reducing its carbon footprint and promoting eco-friendly manufacturing practices. The renewable energy deal, which encompasses a capacity of 174MW, will primarily consist of solar and wind power sources. By utilising renewable energy to power its EV plant, Hyundai aims to minimise greenhouse gas emissions associated with its manufacturing processes, thereby contributing to global efforts to combat climate change. This strategic initiative aligns with Hyundai's broader sustainability goals and its vision for a greener future. By investing in renewable energy, Hyundai not only reduces its environmental impact but also sets a precedent for other automotive manufacturers to follow suit. As the automotive industry shifts towards electric mobility, sourcing renewable energy for manufacturing facilities becomes increasingly crucial to ensure the sustainability of the entire supply chain. Hyundai's commitment to sustainability extends beyond its manufacturing operations. The company has been actively expanding its lineup of electric and hybrid vehicles, aiming to offer consumers more eco-friendly transportation options. By incorporating renewable energy into its production processes, Hyundai reinforces its position as a leader in sustainable mobility solutions. Moreover, this renewable energy deal is a testament to Hyundai's dedication to corporate social responsibility (CSR). By prioritising environmental conservation and renewable energy adoption, Hyundai demonstrates its commitment to creating a positive impact on society and the environment. In conclusion, Hyundai's decision to sign a renewable energy deal for its EV plant in the US signifies a significant milestone in its journey towards sustainability. By harnessing solar and wind power, Hyundai not only reduces its carbon footprint but also sets an example for the automotive industry to embrace renewable energy solutions. This move reinforces Hyundai's position as a forward-thinking and environmentally responsible company, driving positive change in the transition towards a greener future.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement