BATANGAS, Philippines, Nov. 17, 2023 /PRNewswire/ — TotalEnergies ENEOS has signed a long-term agreement with Kinpo Group, one of the world’s leading electronics manufacturers, for 11. 9 megawatts peak (MWp) rooftop solar photovoltaics (PV). This allocation, as the Kinpo Group’s first solar roof allocation in the Philippines, will contribute to the group’s carbon neutrality strategy of building an internal renewable energy source.
With more than 20,500 solar modules to install, the photovoltaic formula will generate 16,700 megawatt hours (MWh) of renewable electrical energy per year, covering 17% of the energy needs of its facilities and reducing its carbon emissions by approximately 8,000 tons of CO2 per anus. . that of planting 120,000 trees.
Under the terms of the agreement, TotalEnergies ENEOS will fully finance, install and commission the PV formula, while Kinpo Group will only pay for the electricity generated for 20 years, avoiding any upfront costs.
“Net 0 is a difficult goal to achieve, but we want to do it. The faster we get there, the less affected the planet will be and only then can we avoid a climate catastrophe. To achieve its goal of net-0 emissions until 2050, Kinpo Group implemented its internal carbon price in 2023 and will be adjusted frequently in the long term to drive its transition to a low-carbon economy. The cooperation with TotalEnergies ENEOS will help advance its long-term strategy and promote a more sustainable business,” said Andrew Chen, CEO of Kinpo Group.
“We are very pleased with the confidence of the Kinpo Group to supply renewable energy to its facilities and advance its carbon neutrality strategy and long-term growth plan. As a leading supplier of solar for advertising and advertising companies, TotalEnergies ENEOS is committed to help more ODM/OEM and EMS brands like Kinpo Group reduce their energy prices and carbon footprint with our customized renewable solutions. We look forward to fostering a sustainable energy partnership with Kinpo Group and exploring new collaborations in the future,” said Elodie Renaud , director of TotalEnergies ENEOS Renewables Distributed Generation Asia.
To learn more about TotalEnergies ENEOS’ custom solar solutions, check out our loose brochure or contact us for more information.
About TotalEnergies ENEOS Renewables Distributed Generation Asia Pte. Limited. Limited.
The company is a 50/50 joint venture between TotalEnergies and ENEOS to expand on-site B2B distributed solar generation across Asia. It is headquartered in Singapore and plans to expand 2 GW of distributed solar capacity in the coming years. /sun. totalenergies. asia
Total Energy & Renewable Electricity
As part of its ambition to reach the net-0 target by 2050, TotalEnergies is building a portfolio of activities in electric power and renewable energy. By the end of the second quarter of 2023, TotalEnergies’ gross installed renewable energy generation capacity will be 19 GW. Continue to expand this activity to reach 35 GW of gross production capacity from renewable and storage resources by 2025, then 100 GW by 2030 with the goal of being among the top five smartest wind and solar power manufacturers in the world. /renovables. totalenergies. com/fr
ENEOS Corporation and Renewable Electricity
ENEOS operates more than 20 solar power plants in Japan and also participates in renewable energy allocations in the United States, Australia and Vietnam. In addition, ENEOS actively participates in power generation allocations employing biomass, hydroelectric power, wind power, etc. The joint venture is ENEOS’ first renewable power allocation to employ distributed power sources.
About TotalEnergies
TotalEnergies is a global multi-energy corporation that produces and markets energy: oil and biofuels, vegetable fuels and green fuels, renewable energy and electricity. Our more than 100,000 workers are committed to energy that is increasingly affordable, cleaner, more reliable, and available to as many people as possible. TotalEnergies, present in more than 130 countries, places sustainable progress in all its dimensions at the heart of its projects and operations to contribute to the well-being of populations.
Twitter @TotalEnergies LinkedIn TotalEnergies Facebook TotalEnergies Instagram TotalEnergies
About ENEO
The ENEOS Group has developed activities in the energy and non-ferrous metals segments, from upstream to downstream. The Group’s goals for 2040 are: to create one of the world’s largest and most competitive energy and fabric business teams in Asia, to create pricing by transforming the design of our current business, and to contribute to the progress of a low-carbon society. and recycling-oriented with the pursuit of carbon neutrality in its own CO2 emissions. ENEOS Corporation, one of the Group’s leading operating corporations, contributes to the achievement of the Group’s intended objectives through a wide variety of energy activities.
About Kinpo Group
Founded in 1973, Kinpo Group is a Taiwan-based global leader in Electronic Manufacturing (EMS) and Original Design Manufacturing (ODM) services. Its subsidiaries include Kinpo Electronics, Cal-Comp Electronics (Thailand) PCL, AcBel Polytech, and CastleNet. with a global presence in the United States, China, Thailand, Malaysia, Singapore, Brazil, Mexico and the Philippines.
TotalEnergies Disclaimer
The terms “TotalEnergies”, “TotalEnergies Company” or “Company” in this document are used to refer to TotalEnergies SE and consolidated entities controlled directly or indirectly through TotalEnergies SE. Likewise, the words “we,” “us,” and “our” would likely also be used to refer to such entities or their employees. The entities in which TotalEnergies SE has direct or indirect participation are independent legal entities. This document may involve forward-looking data and statements based on a number of economic insights and assumptions made in a given economic, competitive and regulatory environment. They may prove erroneous over time and are subject to various risk issues. Neither TotalEnergies SE nor any of its subsidiaries undertakes any legal responsibility to publicly update any data or forward-looking statements, objectives or trends involved in this document, whether as a result of new data, long-term events or otherwise. Information on the most likely threat points to the monetary effects or activities of TotalEnergies is provided in the most recent reference document, the French edition of which is submitted through TotalEnergies SE to the Financial Markets Authority (AMF), as well as on form 20-F. filed with the United States Securities and Exchange Commission (SEC).
Cautionary Note ENEOS Corporation
The terms “ENEOS”, “ENEOS Group” herein are used to refer to ENEOS Corporation and the consolidated entities that are controlled directly or indirectly through ENEOS Corporation. This document includes certain forward-looking statements. Actual effects would likely differ materially from those reflected in any forward-looking statements as a result of a variety of factors, including, but not limited to, the following: (1) macroeconomic situations and adjustments in the competitive environment in the energy, resources and textile industries. Industries; (2) the effect of COVID-19 on economic activity; (3) adjustments in legislation and regulations; and (4) dangers similar to litigation and other legal proceedings.
View content to download media: https://www. prnewswire. com/apac/news-releases/totalenergies-eneos-signs-first-solar-rooftop-project-of-kinpo-group-in-the-philippines -301991797. HTML
SOURCE TotalEnergies ENEOS Renewables Distributed Generation Asia
stay informed
AAP FactCheck provides authoritative, fact-based data that Australians can depend on. Accredited with the Poynter Institute’s International Fact-Checking Network and adhering to the highest industry standards, our experienced team works to minimize the effect of erroneous data.
Image buyers in all industries depend on AAP Photos. A virtual treasure trove of content depicting Australian life, our comprehensive searchable database of millions of photographs from across the country and around the world.
AAPNews delivers news content directly to the public. Choose from a variety of subscription templates to not only access high-quality factual data on your computer or mobile device, but also to display your information on Australia’s only not-for-profit news service.
Get the news your organization needs, with AAP providing comprehensive news, court, politics, sports, finance, and arts policy. Leverage AAP’s associated content to get the global news that impacts your business, with news feeds delivered across channels, adding APIs, and FTP.
AAP is Australia’s only independent news service, delivering stories and photographs every day across the country and around the world. By supporting the AAP with your contribution, you are supporting a team of committed and objective journalists to continue this work. Thank you.
Donations over $2 are tax-deductible.