TotalEnergies to Deliver a 1 MWp Solar Rooftop for Yanmar, a Leading Japanese Engine Manufacturer in India
PR95942
CHENNAI, India, May 17, 2022 /PRNewswire=KYODO JBN/ --
Yanmar Engine Manufacturing India Pvt Ltd (YEMI), a leading Japanese engine
manufacturer based in Tamil Nadu, India, has signed a binding, long-term
agreement with TotalEnergies to provide a 1 MWp solar photovoltaic (PV) system
to its industrial engine production facility in India. This system will power
about 30% of the facility's energy with green power.
With over 2,200 of modules installed, the PV system will generate approximately
1,500 megawatt-hours (MWh) of renewable electricity annually, realising
significant cost savings for YEMI and reducing the company's carbon footprint
by about 1,200 tons of CO2 emissions, equivalent to more than 130 million
smartphones charged annually.
Under the agreement, TotalEnergies will install and operate the PV solar system
while YEMI will pay for the electricity generated for 20 years, without taking
any upfront investments.
Varun Khanna, Managing Director YEMI said, "The installation of this solar
photovoltaic generation system underscores Yanmar's longstanding commitment to
sustainable operations. With this investment, we continue Yanmar's goal to
realise a sustainable future with access to powerful, highly efficient, and
affordable engine technologies as well as implementing systems that can make
optimal use of diverse energy sources to reduce the burden on the environment."
Gavin Adda, Head of TotalEnergies Renewables Distributed Generation Asia said,
"As the leading player in solar energy in the region, we are honoured to be the
choice of Yanmar in providing renewable energy solutions that are
cost-effective and reduce their carbon emissions. TotalEnergies provides its
customers peace of mind from a technical, financial and commercial perspective.
We are dedicated to being a long-term energy partner for Yanmar and welcome the
opportunity to collaborate further in the future."
About TotalEnergies Renewables Distributed Generation in Asia
TotalEnergies Renewables Distributed Generation is a major international
provider of fully integrated distributed solar energy solutions, including
solar-powered rooftops, carport and ground-mounted solar power plants, with a
portfolio of over 800 MW of projects in construction and operation worldwide.
In Asia, TotalEnergies Renewables Distributed Generation is one of the largest
and fastest players in renewable energy distributed generation in the region
for commercial and industrial customers, with a portfolio of over 600 MW of
projects in development and operation across 10 countries.
https://solar.totalenergies.asia
TotalEnergies, renewables and electricity
As part of its ambition to get to net zero by 2050, TotalEnergies is building a
portfolio of activities in renewables and electricity. At the end of September
2021, TotalEnergies' gross renewable electricity generation capacity is 10 GW.
TotalEnergies will continue to expand this business to reach 35 GW of gross
production capacity from renewable sources 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.
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets
energies on a global scale: oil and biofuels, natural gas and green gases,
renewables and electricity. Our 105,000 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.
Twitter: @TotalEnergies(https://twitter.com/TotalEnergies)
LinkedIn: TotalEnergies(https://www.linkedin.com/company/totalenergies/)
Facebook: TotalEnergies(https://www.facebook.com/TotalEnergiesFrance/)
Instagram: TotalEnergies(https://www.instagram.com/totalenergies/)
About Yanmar
With beginnings in Osaka, Japan in 1912, Yanmar was the first ever to succeed
in making a compact diesel engine of a practical size in 1933. Moving on, with
industrial diesel engines as the cornerstone of the enterprise, Yanmar has
continued to expand its product range, services, and expertise to deliver total
solutions as an industrial equipment manufacturer. As a provider of small and
large engines, agricultural machinery and facilities, construction equipment,
energy systems, marine, machine tools, and components — Yanmar's global
business operations span seven domains.
On land, at sea, and in the city, Yanmar's Mission of "providing sustainable
solutions focused on the challenges customers face, in food production and
harnessing power, thereby enriching people's lives for all our tomorrows,"
stands testament to Yanmar's determination to provide us with "A Sustainable
Future".
For more details, please check out the official website of Yanmar Co., Ltd.
https://www.yanmar.com/global/
Cautionary Note
This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TotalEnergies SE directly or
indirectly owns investments are separate legal entities. TotalEnergies SE has
no liability for their acts or omissions. The terms "Company" or "TotalEnergies
company" refer collectively to the company TotalEnergies SE and the companies
it controls directly or indirectly. Such terms are used solely for the sake of
convenience for purposes of the present communication. Likewise, the words
"we", "us" and "our" may also be used to refer to subsidiaries in general or to
those who work for them. 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.
SOURCE: TotalEnergies
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Caption: Site of Yanmar’s facility in India where the solar rooftop will be installed by
TotalEnergies
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