Heesung Catalysts Accelerates RE100 Achievement through Off-site PPA Agreement
2026.01.12
Heesung Catalysts has signed an off-site Power Purchase Agreement (PPA) to expand the use of renewable energy and advance its carbon neutrality strategy, establishing a key foundation for its energy transition toward sustainable operations.
Across global industries, efforts to reduce carbon emissions in response to climate change are intensifying. In particular, expanding corporate renewable energy usage and achieving RE100 have emerged as central pillars of sustainable management. Against this backdrop, this agreement represents a meaningful step forward, demonstrating Heesung Catalysts’ proactive commitment to accelerating its environmental transition.
Through this off-site PPA agreement, Heesung Catalysts expects to increase the share of renewable energy in its power consumption and improve its carbon emissions structure across operational processes. By effectively reducing greenhouse gas emissions associated with electricity use, the company aims to contribute to carbon neutrality implementation and the achievement of its ESG management goals, while further strengthening its foundation for RE100 compliance demanded by the global industrial community.
In addition, securing renewable power through a long-term electricity purchase contract enables the company to respond more stably to energy market volatility, supporting the long-term competitiveness and sustainability of its supply chain.
Building on this agreement, Heesung Catalysts will continue to expand its renewable energy portfolio and actively participate in the transition toward a carbon-neutral society. The company remains committed to strengthening its adoption of clean energy and carbon reduction initiatives, striving to grow as a leading enterprise shaping a sustainable industrial future.
What is an Off-site PPA?
An off-site Power Purchase Agreement (PPA) is a contractual arrangement in which a company purchases electricity generated by external renewable energy producers under a long-term agreement. This model allows companies to secure stable supplies of renewable power from solar or wind sources through the grid, without directly investing in or operating power generation facilities.
Off-site PPAs are widely recognized as one of the most effective implementation tools for achieving RE100 commitments and advancing carbon neutrality, and are rapidly gaining traction among global corporations and manufacturing industries.
