Hyundai Engineering & Construction accelerates power brokerage trading business, builds strategic partnership with energy IT company Sixty Hertz to emerge as a “carbon neutrality solution partner”
Summary
Hyundai Construction announced a strategic partnership with energy IT company SixtyHertz to accelerate its power brokerage trading business and become a carbon-neutral solutions partner. The collaboration will combine Hyundai's EPC and project capabilities with SixtyHertz's energy IT platform to develop virtual power plants (VPP), power purchase agreements (PPA), and renewable energy services aimed at RE100 customers. They plan to offer integrated services covering energy asset management, energy trading and carbon reduction solutions. Hyundai highlighted its sustainability credentials, including SBTi targets and strong DJSI and CDP rankings, to support the expansion into energy and carbon-neutral services.
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