At the beginning of 2024, approximately 80 percent of the plant’s total energy consumption was powered by self-generated renewable energy. Building on this achievement, the plant set itself the ambitious vision of being 100 percent run on renewable energy.

In early 2025, that vision has now become a reality. With the installation of additional solar panel capacity of 100kW, the Busan plant has officially transitioned to operating entirely on renewable energy.

“As the first Höganäs plant to operate entirely on solar energy, this achievement is a critical step forward. We will closely monitor the plant's performance across different seasons and weather conditions, ensuring we gather valuable insights. These findings will serve as a guide for other plants looking to adopt similar renewable energy solutions,” says Seungjoo Kim, Busan plant manager.

“South Korea is the eight biggest countries in terms of carbon dioxide emission per capita, and the electricity sector plays the major role. As much as two-thirds of the electricity is sourced from fossil fuels, whilst electricity generated by solar panel represents just 5.2 percent,” says Henry Lee, Market President Korea.

“I do hope our 100 per cent milestone at the Busan plant serves as a good example not only within the group, but also other neighbouring manufacturing companies, as we all need to accelerate to make radical changes in the coming years. Furthermore, this achievement is not the end of our journey, but we remain committed to continuous improvements,” says Henry Lee.