TotalEnergies (TTE) said Tuesday it signed a solar power operating lease agreement with Daehwa Pharmaceutical to install a 1.8 megawatt-peak solar photovoltaic system.
The project will be implemented at a Daehwa production site in South Korea, with commercial operations expected to begin in H2 of 2025.
TotalEnergies said it will fully invest in, install, operate, and maintain the solar PV system on-site at the premises of Daehwa facilities under the 20-year deal.
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