STORY
Coway Constructs Additional Solar Power Plant in Distribution Center
2022.08.25
Coway Co., Ltd., “The Best Life Solution Company,” announced the additional construction of a solar power plant at its distribution center in Yugu, Gongju-si, Chungcheongnam-do, South Korea.
The company is constructing an additional solar power plant with a capacity of an estimated 1,000 kWh on the roof of the distribution center. Solar power is scheduled for commercial operation in the second half of this year.
Coway is now operating solar power plants in three factories – Yugu Factory (49.5KWh), Incheon Factory (39KWh), and Pocheon Factory (45KWh) - and one distribution center (48.8 KWh).
The construction of an additional solar power plant is a part of Coway’s ESG initiatives to minimize its negative impact on the environment. The company generated and used 227MW of renewable energy in 2020, which parallels to mitigation of approximately 106 tons of GHG emissions.
It aims to invest more in generating solar power and offset GHG emissions through renewable energy.
A Coway official said: “We pledged to reduce greenhouse gas emissions by 50% by 2030 and operate on 100% renewable energy to achieve carbon neutrality by 2050. We will continue our ESG management and make positive changes to the community.”
About Coway Co., Ltd.
Established in Korea in 1989, Coway, "The Best Life Solution Company," is a leading environmental home appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, USA, Thailand, China, Indonesia, Vietnam, Japan, and Europe, based on the business success in Korea. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.
The company is constructing an additional solar power plant with a capacity of an estimated 1,000 kWh on the roof of the distribution center. Solar power is scheduled for commercial operation in the second half of this year.
Coway is now operating solar power plants in three factories – Yugu Factory (49.5KWh), Incheon Factory (39KWh), and Pocheon Factory (45KWh) - and one distribution center (48.8 KWh).
The construction of an additional solar power plant is a part of Coway’s ESG initiatives to minimize its negative impact on the environment. The company generated and used 227MW of renewable energy in 2020, which parallels to mitigation of approximately 106 tons of GHG emissions.
It aims to invest more in generating solar power and offset GHG emissions through renewable energy.
A Coway official said: “We pledged to reduce greenhouse gas emissions by 50% by 2030 and operate on 100% renewable energy to achieve carbon neutrality by 2050. We will continue our ESG management and make positive changes to the community.”
About Coway Co., Ltd.
Established in Korea in 1989, Coway, "The Best Life Solution Company," is a leading environmental home appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, USA, Thailand, China, Indonesia, Vietnam, Japan, and Europe, based on the business success in Korea. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.
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