Press release
Singapore
Bangkok, Thailand, April 11, 2024 – TotalEnergies ENEOS has successfully completed the installation of a Solar Rooftop, Carport, and Cover Way Project with TotalEnergies Corbion, a pioneer in Polylactic Acid (PLA) bioplastics production and 50/50 JV between TotalEnergies and Corbion since 2016.
With a Power Purchase Agreement (PPA) spanning 20 years, this project has a capacity of 1,250 kWp and is situated within the Asia Industrial Estate.
Expected generation from the solar panels amounts to about 1.6 gigawatt-hours (GWh) annually, realizing significant cost savings for TotalEnergies Corbion and reducing the company’s carbon footprint by 823 tons of CO2 per year equivalent to planting around 12,300 trees.
Olivier de Linares, Plant Director at TotalEnergies Corbion said “The installation of solar panels at our Rayong plant marks a significant milestone in our sustainability journey. We are proud to leverage renewable energy sources and innovative technologies to drive sustainable production practices while ensuring the safety and well-being of our employees. This project was made possible through a great collaboration between our shareholders: leveraging from the Corbion premises and getting access to leading Solar Panel solutions brought by TotalEnergies ENEOS.”
A notable aspect of the project’s execution was its adherence to stringent safety standards, spearheaded by TotalEnergies ENEOS. “One point of interest is that the project construction went well on time and with zero accidents. This was led by TotalEnergies ENEOS, who implemented their best safety standards, especially regarding work at height,” adds Olivier de Linares.
The incorporation of solar panels underscores TotalEnergies Corbion’s unwavering commitment to reducing environmental impact and advancing sustainability credentials. Operating at full industrial scale, the plant in Rayong serves as a testament to the tangible impact of biopolymers, while constantly striving for optimization to enhance efficiency and sustainability.
Elodie Renaud, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia said, “We are delighted to celebrate the successful implementation of the solar installation at TotalEnergies Corbion plant. This remarkable project not only incorporates solar panels on rooftops but also utilizes carports and covered walkways, effectively utilizing available spaces to seamlessly integrate solar energy into its energy mix, supporting sustainable production and consumption at TotalEnergies Corbion. As a leading solar service provider for commercial and industrial businesses, TotalEnergies ENEOS is committed to reduce the carbon footprint of power intensive and growing segment by providing cleaner and sustainer means”.
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About TotalEnergies ENEOS Renewables Distributed Generation Asia Pte. Ltd.
The company is a 50/50 joint venture between TotalEnergies and ENEOS to develop onsite B2B solar distributed generation across Asia. It is headquartered in Singapore with a plan to develop 2 GW of decentralized solar capacity over the next five years. https://solar.totalenergies.asia
TotalEnergies and renewables electricity
As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in electricity and renewables. At the end of Q2 2023, TotalEnergies’ gross renewable electricity generation installed capacity was 19 GW. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources and storage by 2025, and then 100 GW by 2030 with the objective of being among the world’s top 5 producers of electricity from wind and solar energy. https://renewables.totalenergies.com/en
ENEOS Corporation and renewables electricity
ENEOS operates over 20 solar power plants in Japan and are also participating in renewable energy projects in the United States, Australia, and Vietnam. Furthermore, ENEOS is actively engaged in power generation projects using biomass, hydroelectric power, wind power, etc. This joint venture is ENEOS’ first overseas renewable energy project using distributed power sources.
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
About ENEOS Corporation
ENEOS Group has developed businesses in the energy and nonferrous metals segments, from upstream to downstream. The Group’s envisioned goals for 2040 are: becoming one of the most prominent and internationally competitive energy and materials company groups in Asia, creating value by transforming our current business structure, and contributing to the development of a low-carbon, recycling-oriented society with the pursuit of carbon-neutral status in its own CO2 emissions. ENEOS Corporation, one of the principal operating companies in the Group, is contributing to achievement of the Group’s envisioned goals through a broad range of energy businesses.
About TotalEnergies Corbion
TotalEnergies Corbion (formerly known as Total Corbion PLA) is a global technology leader in Poly Lactic Acid (PLA) and lactide monomers. PLA is a biobased and biodegradable polymer made from annually renewable resources, offering a reduced carbon footprint versus traditional plastics. The Luminy® PLA portfolio, which includes both high heat and standard PLA grades, is an innovative material that is used in a wide range of markets from packaging to consumer goods, fibers and automotive. TotalEnergies Corbion, headquartered in the Netherlands, operates a 75,000 tons per year PLA production facility in Rayong, Thailand. The company is a 50/50 joint venture between TotalEnergies and Corbion. www.totalenergies-corbion.com
Cautionary Note TotalEnergies
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
Cautionary Note ENEOS Corporation
The terms “ENEOS”, “ENEOS Group” in this document are used to designate ENEOS Corporation and the consolidated entities that are directly or indirectly controlled by ENEOS Corporation. This document contains certain forward-looking statements. Actual results may differ materially from those reflected in any forward-looking statement due to various factors, which include, but are not limited to, the following: (1) macroeconomic conditions and changes in the competitive environment in the energy, resources, and materials industries; (2) the impact of COVID-19 on economic activity; (3) changes in laws and regulations; and (4) risks related to litigation and other legal proceedings.