TotalEnergies ENEOS Completes Solar Rooftop Installation for Yanmar, a Leading Japanese Engine Manufacturer in India

TotalEnergies ENEOS Renewables Distributed Generation Asia

PR98855

 

CHENNAI, India, Nov. 17, 2022 /PRNewswire=KYODO JBN/ --

 

TotalEnergies ENEOS and Yanmar Engine Manufacturing India Pvt Ltd (YEMI), a

leading Japanese engine manufacturer, announced the completion of a 1 MWp solar

photovoltaic (PV) system. This system will power about 30% of its industrial

engine production facility with green power in India.

 

With over 2,200 of modules installed, the PV system generates approximately

1,500 megawatt-hours (MWh) of renewable electricity annually, realises

significant cost savings for YEMI and reduces the company's carbon footprint by

about 1,200 tons of CO2 emissions, equivalent to powering approximately 200

average households annually.

 

Under the agreement, TotalEnergies ENEOS finances, installs and operates the PV

solar system while YEMI does not incur any upfront costs and pays only for the

electricity generated.

 

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, Director of TotalEnergies ENEOS Renewables Distributed Generation

Asia said, "TotalEnergies ENEOS takes pride in providing the best solutions to

its customers. We are pleased to partner with Yanmar to provide a solution that

fulfils both its environmental sustainability and cost-saving goals."

 

***

 

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 renewables and electricity. At the end of June 2022,

TotalEnergies' gross renewable electricity generation installed capacity is

close to 12 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.

 

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.

 

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 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 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. A pioneer in

diesel engine technology, Yanmar is a global innovator in a wide range of

industrial equipment, from small and large engines, agricultural machinery and

facilities, construction equipment, energy systems, marine, to machine tools,

and components — Yanmar's global business operations span seven domains. On

land, at sea, and in the city, Yanmar provides advanced solutions to the

challenges customers face, towards realizing A Sustainable Future.

 

For more details, please visit the official website of Yanmar Holdings Co., Ltd.

https://www.yanmar.com/global/about/

 

TotalEnergies ENEOS Contacts

Media Relations: contact.solar.asia@totalenergies.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.

 

Source: TotalEnergies ENEOS Renewables Distributed Generation Asia

 

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   Caption: Image: site of Yanmar’s facility in India where the solar rooftop is installed

by TotalEnergies ENEOS

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