Chang Myung's CM E&C Co., Ltd. was finally selected on February 27 as a participating company in the Korea Energy Agency's renewable energy supply project in 2024. Founded in 2020, CM E&C has been striving to expand its new and renewable energy base, starting with the solar power business. The selection as a participating company in the Korea Energy Agency in 2024 is expected to serve as a new driving force in CM E&C's future moves.
At the New Year ceremony, Chairman Jeung Myung-Suk defined and proclaimed 2024 as the year of growth through change and innovation in Chang Myung. He said that all companies of Chang Myung should go beyond simply completing a project and work together without being afraid to innovate to create future environmental, social, cultural, and economic values inside and outside the company, and through this, we must rebuild the solid foundation for the future growth of Chang Myung.
In Korea, the government carried out green renovation through green remodeling of public sector buildings and interest support projects for private buildings, one of the core projects of the Korean version of the New Deal project. Still, the government recently announced the suspension of interest support projects in the private sector, and there is currently no follow-up policy for green remodeling. On the other hand, overseas green remodeling projects, such as in Europe and the United States, are growing with active government support and regulations. Overseas, green remodeling, which enables energy efficiency and performance improvement through converting old buildings into green buildings, is also called Retrofit.