SK Innovation E&S
Business
Renewable Energy
As a top-tier renewable energy company in Korea, encompassing both solar and offshore wind power, SK Innovation E&S holds a pipeline of approximately 5GW and will continue to expand its domestic and global renewable energy pipeline by around 1GW each year.
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Dangjin Solar Power Plant Solar Power
As of May 2025, SK Innovation E&S is operating and developing solar power generation facilities with a total capacity of 3.5 GW, located in regions such as Dangjin, Chungnam Province; Taean, Chungnam Province; and Shinan, Jeonnam Province. Our future plans include the pursuit of large-scale solar power projects with a strong focus on onshore (in disused salt fields and salinized agricultural land) and offshore development.
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Jeonnam Offshore Wind Farm Phase 1 Wind Power
SK Innovation E&S is operating large-scale onshore wind farms in Shinan, Jeonnam Province, Pyeongchang, Gangwon Province and Yangsan, Gyeonnam Province.
In addition, we have completed and begun operation in 2025 of Jeonnam Offshore Wind Farm Phase 1, the first large-scale offshore wind power project led by the private sector in Korea. Looking ahead, we plan to develop additional Phase 2 and Phase 3 projects, creating a large-scale offshore wind power complex with a total capacity of approximately 900 MW.
We will also expand our RE100 solution business,
which is expected to see a rapid increase in demand
Project aimed at supporting corporations in achieving their RE100 commitments
There is a growing interest in joing RE100 which is an initiative bringing together businesses voluntarily committed to 100% renewable electricity to reduce national greenhouse gas emissions and enhance the export competitiveness of businesses.
In 2022, SK Innovation E&S marked a significant milestone by signing Korea's first direct renewable energy PPA with Amorepacific.
Since then, we have established a leading position in the RE100 market by signing direct renewable energy PPA contracts with major domestic and global companies.
SK Innovation E&S is expanding its renewable energy business in the global market, which will help the company generate carbon credits and contribute to reducing greenhouse gas emission.
Renewable energy business in the global market
Starting with a solar power project in Vietnam in 2020, we have been exploring and implementing solar and wind power projects in Southeast Asia. These projects will generate carbon credits and contribute to reducing greenhouse gas emission.
we will be the first mover in renewable energy including solar
and wind power and grow the business.