WEJ pushes corporate carbon neutrality with PPA platform zurigo

Climate tech startup WEJ Inc. is expanding its zurigo platform to help companies evaluate, match and monitor off-site renewable power purchase agreements in minutes. The Pangyo-based company says it has already supported about 190 business sites, signed long-term supply contracts totaling about 200 GWh and is now preparing for Southeast Asia.

Why it matters: - WEJ Inc. is trying to simplify one of the harder parts of corporate decarbonization: getting off-site renewable power into a company’s electricity mix. - The platform is aimed at firms pursuing carbon neutrality and RE100, where access to matched supply, pricing analysis and ongoing monitoring can determine whether a PPA is practical. - The company’s next move into Vietnam, Indonesia and Malaysia shows how demand for corporate clean power is spreading beyond South Korea.

What happened: - WEJ Inc., founded in 2023 and based in Pangyo Techno Valley, is using its zurigo platform to support corporate carbon neutrality through off-site power purchase agreements. - The company says zurigo combines PPA economic analysis, power plant matching and post-adoption monitoring in one system. - CEO Patrick Park discussed the platform and the company’s expansion plans in an interview with Pangyo TV at Startup Campus in Pangyo Techno Valley.

The details: - The PPA Calculator lets companies input basic operating data and get a feasibility review in about five minutes. - The analysis tool combines corporate electricity use with weather-based power generation forecasts. - About 190 business sites have used the calculator, including major domestic corporations. - The PPA Matching service connects corporate buyers with private solar farms based on location, unit price and expected generation volume. - About 30 MW of power plants are currently waiting to be matched on the platform. - PPA Monitoring gives customers a single dashboard for power use, generation, greenhouse gas cuts, costs and savings after renewable energy adoption. - WEJ says it has won the Excellence Award in Public Data Utilization from the Ministry of Trade, Industry and Energy and the Grand Prize in the Climate Tech category from Seongnam City. - The company has registered four patents and has official partnership status with Korea Electric Power Corporation. - WEJ says it has signed long-term PPA supply contracts totaling about 200 GWh over 20 years with Lotte Shopping, Shinsegae and a Japanese semiconductor company. - The company says cumulative off-site PPA supply capacity has passed 32 MW.

Between the lines: - WEJ’s model reflects a shift in the PPA market from large, corporate-owned generation assets to smaller private solar farms supplying industrial buyers. - Park said many companies want renewable energy but struggle with data analysis, plant matching and economic evaluation, which creates room for software-led intermediaries. - Pangyo gives WEJ access to software talent, transport links and a business base close to major corporate headquarters. - The company has grown so far on organic revenue and its own capital, which suggests it has reached a meaningful commercial stage before taking outside funding.

What's next: - WEJ is preparing a specialized solar analysis platform for Vietnam, where unused land is often used for solar installations. - The company plans to launch IoT-based tools to control and monitor solar power and energy storage systems. - WEJ’s longer-term goal is to reach 1 GW of cumulative PPA supply. - The company is now seeking its first external investment round to fund hardware-adjacent energy management systems.

The bottom line: - WEJ is betting that software can make corporate renewable procurement faster, cheaper and easier to scale across Asia.