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TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea for a rooftop solar project

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TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea for a rooftop solar project
Business

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TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea for a rooftop solar project

2025-07-01 14:00 Last Updated At:14:15

SEOUL, South Korea, July 1, 2025 /PRNewswire/ -- TotalEnergies has signed a Solar Power Operating Lease Agreement with South Korean pharmaceutical company Daehwa Pharmaceutical Co., Ltd. to install a 1.8 megawatt-peak (MWp) solar photovoltaic (PV) system. The project will be implemented at Daehwa Pharmaceutical's state-of-the-art production site in Hoengseong-gun, Gangwon-do. The signing ceremony was held at Daehwa Pharmaceutical's Seoul office in the Seocho District, with key representatives from both companies in attendance.

Under this 20-year agreement, TotalEnergies will fully invest in, install, operate, and maintain the solar PV system on-site at the premises of Daehwa Pharmaceutical's facilities. The system will comprise over 2,800 solar PV modules and is expected to generate approximately 2,300 megawatt-hours (MWh) of clean electricity annually, equivalent to around 20% of Daehwa Pharmaceutical's current total electricity consumption, avoiding about 1,000 tons of CO2 emissions annually.

Through this collaboration, the two companies aim to replace a portion of the factory's electricity usage with clean energy, contributing to carbon emissions reduction and promoting a sustainable energy transition in compliance with the RE100 initiative.

The project is expected to begin commercial operations in the second half of 2025, following the completion of permitting and construction processes.

Richard Pullen, Representative Director of TotalEnergies Renewables Projects South Korea, commented: "This agreement stands as a model case of active participation in industrial decarbonization in Korea. Based on our partnership with Daehwa Pharmaceutical, we aim to further expand our renewable energy projects across the country."

Eun-Seok Kim, CEO of Daehwa Pharmaceutical, stated, "Through the adoption of this solar power system, Daehwa aims not only to reduce annual energy costs but also to take a meaningful step toward realizing environmentally friendly values by lowering carbon emissions. ESG management is no longer a choice but a necessity, and we will continue to fulfill our role as a responsible company for a sustainable future."

About TotalEnergies Renewables Distributed Generation in Asia

TotalEnergies Renewables Distributed Generation is a major international provider of fully integrated distributed solar energy solutions, including solar-powered rooftops, carport and ground-mounted solar power plants, with 1.5 GW of projects in construction and operation worldwide. In Asia, TotalEnergies Renewables Distributed Generation is one of the largest and fastest players in renewable energy distributed generation in the region for commercial and industrial customers, with over 200 MW of projects in operation across 10 countries. https://solar.totalenergies.asia

TotalEnergies and electricity

TotalEnergies is building a competitive portfolio that combines renewables (solar, onshore wind, offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. As of the end of March 2025, TotalEnergies has 28 GW of installed gross renewable electricity generation capacity and aims to reach 35 GW by the end of 2025, and more than 100 TWh of net electricity production by 2030. https://renewables.totalenergies.com/en 

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to providing as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

About Daehwa Pharmaceutical Co., Ltd.,

Daehwa Pharmaceutical Co., Ltd., established in 1984 and listed on KOSDAQ in 2003, is a mid-sized Korean pharmaceutical company. It was the first to be certified as an "Innovative Pharmaceutical Company" by the Ministry of Health and Welfare in 2012 and has maintained this status through five consecutive renewals, valid until 2027.

The company focuses on formulation technologies such as TDDS, ODF, and improved drugs, as well as natural substance-based dementia treatments. It operates three GMP-certified plants, including a cGMP-level facility for oral anticancer drugs. Key products include oral anticancer medication (Liporaxel®), topical treatments, analgesics, and HA filler 'Amalian' from its German subsidiary. Daehwa also provides OEM manufacturing of medical patches and is committed to ESG practices with multiple ISO certifications.

TotalEnergies Contact

Media Relation: contact.solar.asia@totalenergies.com

Daehwa Pharmaceutical Co., Ltd., Contact

Media Relation: Jihoon Ko (jihoon@dhpharm.co.kr)

TotalEnergies on social media

Cautionary Note TotalEnergies

The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

SEOUL, South Korea, July 1, 2025 /PRNewswire/ -- TotalEnergies has signed a Solar Power Operating Lease Agreement with South Korean pharmaceutical company Daehwa Pharmaceutical Co., Ltd. to install a 1.8 megawatt-peak (MWp) solar photovoltaic (PV) system. The project will be implemented at Daehwa Pharmaceutical's state-of-the-art production site in Hoengseong-gun, Gangwon-do. The signing ceremony was held at Daehwa Pharmaceutical's Seoul office in the Seocho District, with key representatives from both companies in attendance.

Under this 20-year agreement, TotalEnergies will fully invest in, install, operate, and maintain the solar PV system on-site at the premises of Daehwa Pharmaceutical's facilities. The system will comprise over 2,800 solar PV modules and is expected to generate approximately 2,300 megawatt-hours (MWh) of clean electricity annually, equivalent to around 20% of Daehwa Pharmaceutical's current total electricity consumption, avoiding about 1,000 tons of CO2 emissions annually.

Through this collaboration, the two companies aim to replace a portion of the factory's electricity usage with clean energy, contributing to carbon emissions reduction and promoting a sustainable energy transition in compliance with the RE100 initiative.

The project is expected to begin commercial operations in the second half of 2025, following the completion of permitting and construction processes.

Richard Pullen, Representative Director of TotalEnergies Renewables Projects South Korea, commented: "This agreement stands as a model case of active participation in industrial decarbonization in Korea. Based on our partnership with Daehwa Pharmaceutical, we aim to further expand our renewable energy projects across the country."

Eun-Seok Kim, CEO of Daehwa Pharmaceutical, stated, "Through the adoption of this solar power system, Daehwa aims not only to reduce annual energy costs but also to take a meaningful step toward realizing environmentally friendly values by lowering carbon emissions. ESG management is no longer a choice but a necessity, and we will continue to fulfill our role as a responsible company for a sustainable future."

About TotalEnergies Renewables Distributed Generation in Asia

TotalEnergies Renewables Distributed Generation is a major international provider of fully integrated distributed solar energy solutions, including solar-powered rooftops, carport and ground-mounted solar power plants, with 1.5 GW of projects in construction and operation worldwide. In Asia, TotalEnergies Renewables Distributed Generation is one of the largest and fastest players in renewable energy distributed generation in the region for commercial and industrial customers, with over 200 MW of projects in operation across 10 countries. https://solar.totalenergies.asia

TotalEnergies and electricity

TotalEnergies is building a competitive portfolio that combines renewables (solar, onshore wind, offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. As of the end of March 2025, TotalEnergies has 28 GW of installed gross renewable electricity generation capacity and aims to reach 35 GW by the end of 2025, and more than 100 TWh of net electricity production by 2030. https://renewables.totalenergies.com/en 

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to providing as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

About Daehwa Pharmaceutical Co., Ltd.,

Daehwa Pharmaceutical Co., Ltd., established in 1984 and listed on KOSDAQ in 2003, is a mid-sized Korean pharmaceutical company. It was the first to be certified as an "Innovative Pharmaceutical Company" by the Ministry of Health and Welfare in 2012 and has maintained this status through five consecutive renewals, valid until 2027.

The company focuses on formulation technologies such as TDDS, ODF, and improved drugs, as well as natural substance-based dementia treatments. It operates three GMP-certified plants, including a cGMP-level facility for oral anticancer drugs. Key products include oral anticancer medication (Liporaxel®), topical treatments, analgesics, and HA filler 'Amalian' from its German subsidiary. Daehwa also provides OEM manufacturing of medical patches and is committed to ESG practices with multiple ISO certifications.

TotalEnergies Contact

Media Relation: contact.solar.asia@totalenergies.com

Daehwa Pharmaceutical Co., Ltd., Contact

Media Relation: Jihoon Ko (jihoon@dhpharm.co.kr)

TotalEnergies on social media

Cautionary Note TotalEnergies

The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea for a rooftop solar project

TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea for a rooftop solar project

TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea for a rooftop solar project

TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea for a rooftop solar project

ALULA, Saudi Arabia, Jan. 16, 2026 /PRNewswire/ -- Today marks the official opening of Desert X AlUla 2026, the landmark fourth edition of the international, open-air biennial exhibition. Arts AlUla, in collaboration with Desert X, welcomes visitors to experience a stellar line-up of Saudi and international multi-generational artists whose site-responsive earthworks, sculptures, and installations will engage in a powerful dialogue with the awe-inspiring landscapes and layered heritage of AlUla.

 

 

As a premier destination rich in ancient history and breathtaking nature, AlUla, located in Northwest Saudi Arabia, solidifies its position on the global stage as a dynamic, emerging land art destination with Desert X AlUla, the region's first public art biennale, and a key highlight of the AlUla Arts Festival.

The 2026 edition of Desert X AlUla brings together 11 acclaimed artists whose diverse works reflect a wide spectrum of ideas, materials, and traditions. From monumental kinetic sculpture to sound-based explorations above and below ground, each commission is deeply rooted in relationships to AlUla's distinctive environment, further cementing Desert X AlUla's reputation as a globally significant platform for site-responsive land art.

Desert X AlUla runs until February 28, 2026, as a cornerstone of the annual AlUla Arts Festival. Curated by Wejdan Reda, Zoé Whitley, with artistic direction by Neville Wakefield, and Raneem Farsi, its fourth edition explores 'Space Without Measure.' Inspired by Kahlil Gibran, the theme fosters contemplation of imagination within AlUla's natural settings. The exhibition, set in the desert canyons of AlUla, serves as a pre-opening programme for Wadi AlFann, offering a pivotal glimpse into AlUla's plans to create a permanent land art 'Valley of the Arts.'

Hamad Alhomiedan, Director of Arts & Creative Industries at the Royal Commission for AlUla (RCU), said: "At Desert X AlUla 2026, audiences will engage with art that deeply converses with AlUla's unique landscapes and rich heritage. These compelling commissions highlight AlUla's dynamic transformation into a major global destination, where ancient and contemporary expressions converge. This exhibition is part of our broader revitalisation of AlUla as a culturally rich destination to live, work and visit and integral to positioning AlUla in the global dialogue of contemporary art and as a precursor to monumental projects like Wadi AlFann."

Participating artist/artworks are: 

  • Sara Abdu, A Kingdom Where No One Dies: Contours of Resonance
  • Mohammad Alfaraj, What was the Question Again?
  • Mohammed AlSaleem, The Thorn, AlShuruf Unit, The Triangles, Flower Bud, and Al Ahilla (courtesy of Royal Commission for Riyadh City)
  • Tarek Atoui, The Water Song
  • Bahraini-Danish, Bloom 
  • Maria Magdalena Campos-Pons, Imole Red 
  • Agnes Denes, The Living Pyramid
  • Ibrahim El-Salahi, Haraza Tree
  • Basmah Felemban, Murmur of Pebbles
  • Vibha Galhotra, Future Fables
  • Héctor Zamora, Tar HyPar

For further information, please contact:
Sabrine.Shaw@bursonglobal.com
AlUlaArtsFestival@bursonglobal.com 

Multimedia gallery:
High-resolution photos of all 11 artists and their artworks can be found here.

About AlUla and Arts AlUla

Located 1,100 km from Riyadh, in North-West Saudi Arabia, AlUla is a place of extraordinary natural and human heritage. The vast area, covering 22,561km², includes a lush oasis valley, towering sandstone mountains and ancient cultural heritage sites dating back thousands of years to when the Lihyan and Nabataean kingdoms reigned.

The most well-known and recognised site in AlUla is Hegra, the principal southern city of the Nabataean Kingdom and Saudi Arabia's first UNESCO World Heritage Site. AlUla is also home to ancient Dadan, the capital of the Dadan and Lihyan Kingdoms and considered to be one of the most developed 1st millennium BCE cities of the Arabian Peninsula, and Jabal Ikmah, an open air library of hundreds of inscriptions and writings in many different languages. AlUla Old Town Village, a labyrinth of more than 900 mudbrick homes was developed from at least the 12th century and has been revitalised as the vibrant hub for visitors and residents.

The creation of Arts AlUla within The Royal Commission for AlUla (RCU) is a commitment to crafting the next chapters in a millennia of artistic creation – celebrating cultural inheritance and shaping a future inspired by artists built be artists. The work of Arts AlUla seeks to preserve this legacy: fuse the old with the new; the local with the international, keeping the arts central to the spirit of AlUla as a place of extraordinary natural and human heritage.

Wadi AlFann, meaning 'Valley of the Arts,' will be a global cultural destination for land art, unveiling from 2028 onwards, where era-defining works by artists from around the world will be permanently sited in the monumental landscape of AlUla, the extraordinary desert region of north-west Saudi Arabia.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Desert X AlUla 2026: monumental land art exhibition opens in the ancient oasis of AlUla

Desert X AlUla 2026: monumental land art exhibition opens in the ancient oasis of AlUla

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