{
  "id": 2939434,
  "title": "Nexen Tire accelerates shift to renewable energy at Korean plants",
  "url": "https://urgent.news/2026/08/24/nexen-tire-accelerates-shift-to-renewable-energy-at-korean-plants-2939434",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T04:32:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260824/nexen-tire-accelerates-shift-to-renewable-energy-at-korean-plants"
  },
  "original_language": "en",
  "account": "Nexen Tire is intensifying its push towards renewable energy at its Korean manufacturing facilities. The company has entered into a direct power purchase agreement with SK Innovation E&S, allowing it to procure electricity directly from a renewable energy source. Starting in November, Nexen's Yangsan plant in South Gyeongsang Province will receive approximately 4 megawatts of renewable power, generated through a combination of onshore wind and solar energy. This move is projected to yield around 6 gigawatt-hours of electricity annually, sufficient to power about 1,600 households of three persons each. Moreover, the arrangement will result in a reduction of about 2,700 metric tons of carbon dioxide emissions on an annual basis. Nexen Tire also has plans to augment solar power generation at its Changnyeong plant in South Gyeongsang Province. The company aims to gradually replace leased rooftop solar systems with owned and operated facilities. By 2024, the Changnyeong plant is expected to boast over 10 megawatts of solar capacity.",
  "summary": "Nexen Tire is moving to increase renewable energy use at its Korean factories, signing a direct power purchase agreement and expanding solar generation as global automakers press suppliers to cut emissions. The tire maker said Monday that it signed a renewable energy direct power purchase agreement with SK Innovation E&S, allowing it to buy electricity directly from a renewable energy supplier.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Nexen Tire accelerates shift to renewable energy at Korean plants",
        "url": "https://urgent.news/2026/08/24/nexen-tire-accelerates-shift-to-renewable-energy-at-korean-plants",
        "published": "2026-08-24T04:22:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}