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Home » News » Hyundai Inks 174-Megawatt Renewable Energy Deal for US EV Plant
News

Hyundai Inks 174-Megawatt Renewable Energy Deal for US EV Plant

By Benjamin DavisApril 22, 20241 Min Read
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Hyundai Motor Group has announced a groundbreaking agreement with Spain's Matrix Renewables to secure renewable energy for its forthcoming electric vehicle (EV) manufacturing facility in the United States. The agreement entails a 15-year Power Purchase Agreement (PPA) with the Matrix Renewables-led Stillhouse Solar Project, delivering 174 megawatts of solar energy from 2025 to 2040. This

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Hyundai Matrix Renewables North America Power Purchase Agreement Renewable energy Solar South Korea
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