TotalEnergies ENEOS signs Solar Floating Project with S. Kijchai, a leading manufacturer of wood-based panel in Southeast Asia

Bangkok, Thailand, October 23, 2023 – TotalEnergies ENEOS and S. Kijchai Enterprise, a leading manufacturer of wood-based panel in Thailand, have taken further step towards decarbonization of its facility in Thailand with the development of a floating solar farm on their land to supply clean power to their facility.

This is the second signing after its solar roof project in 2019. This new project with TotalEnergies ENEOS is a 1.8 megawatt-peak (MWp) floating solar photovoltaic (PV) system in Thailand.

With over 3,000 of modules installed, the PV system is expected to generate approximately 2,650 megawatt-hours (MWh) of renewable electricity annually, realising significant cost savings for S. Kijchai and reducing the company’s carbon footprint by about 1,125 tons of CO2 emissions, equivalent to planting around 16,800 trees.

Under the agreement, TotalEnergies ENEOS will fully fund, install and operate the solar system while S. Kijchai will pay only for the electricity generated for 12 years, avoiding any upfront costs.

Elodie Renaud, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia said, “As a leading solar service provider known for our robust technical experience in deploying renewable energy solutions on highly technical and complex sites, we are delighted to be trusted by S. Kijchai again as the solar energy partner of choice. This second project with S. Kijchai is particularly strategic for TotalEnergies ENEOS as it is our first floating project in APAC region, and a key reference for future development. TotalEnergies ENEOS is committed to support manufacturing companies like S. Kijchai, in driving down their carbon footprint, to support them in their transition towards clean energy.”

To learn more about TotalEnergies ENEOS tailored solar solutions, check out the free brochure, or contact directly for more information.

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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 S.Kijchai

S.Kijchai Enterprise Public Company Limited was established with the objectives to be leading manufacturer of wood substitute products, with realization of environmental conservation for the natural sustainability. The company’s main business activities are to produce wood substitute products with medium density fiber boards or MDF boards. https://www.skn.co.th

S.Kijchai Contact

Media Relations: [email protected]

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.