TotalEnergies ENEOS and Kinpo launch solar project in Philippines
TotalEnergies ENEOS, a 50-50 joint venture between TotalEnergies and ENEOS to develop onsite B2B solar distributed generation across Asia, has entered into a long-term agreement with Kinpo Group, a Taiwan-based global leader in electronics manufacturing.
This collaboration marks the initiation of an 11.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system at Kinpo Group’s facility in Batangas, Philippines. This project is not only a first for Kinpo Group in the Philippines but also a significant stride in their journey towards carbon neutrality.
The solar rooftop project, designed to be one of the largest of its kind, is a testament to Kinpo Group’s commitment to integrating renewable energy into its operations. By harnessing solar energy, the group aims to establish an in-house renewable energy supply, significantly reducing its carbon footprint and contributing to global environmental sustainability efforts.
Headquartered in Singapore, with a plan to develop 2 gigawatts (GW) of decentralised solar capacity over the next five years, TotalEnergies ENEOS brings its extensive experience to this project. The installation of the 11.9 MWp solar PV system is expected to transform Kinpo Group’s Batangas facility into a model of energy efficiency and sustainability. The system will utilise state-of-the-art technology to maximise energy production, ensuring a reliable and clean energy source for the facility’s operations.
“This partnership with Kinpo Group in the Philippines marks a milestone in our efforts to promote renewable energy in the Asia-Pacific region,” said a spokesperson from TotalEnergies ENEOS. “Our solar rooftop solutions are tailored to meet the unique needs of our clients, and we are proud to support Kinpo Group in their carbon neutrality strategy.”
The project is not just a significant development for Kinpo Group and TotalEnergies ENEOS; it also represents a broader shift towards renewable energy in the Philippines. As the country seeks to diversify its energy sources and reduce reliance on fossil fuels, such initiatives play a crucial role in achieving national and global environmental goals.
Upon completion, the solar rooftop system is expected to generate substantial energy savings for Kinpo Group, while simultaneously reducing greenhouse gas emissions. This aligns with the growing global trend of corporations adopting greener practices and investing in renewable energy sources.
The Kinpo Group’s initiative in Batangas is a clear indication of the company’s dedication to environmental stewardship and sustainable business practices. By partnering with TotalEnergies ENEOS, Kinpo Group is not only enhancing its operational efficiency but also setting a precedent for other corporations in the region to follow.