TotalEnergies ENEOS has signed a long-term agreement with Kinpo Group, a leading global electronics manufacturer, to provide a 11.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system for its facility in Batangas. This project, as the first solar rooftop project of Kinpo Group in the Philippines, will contribute to the group’s carbon neutrality strategy of constructing an in-house renewable energy supply.

With over 20,500 solar modules to be installed, the PV system will generate 16,700 megawatt-hours (MWh) of renewable electricity annually, supplying 17% of the energy needs of its facility and reducing its carbon emissions by approximately 8,000 tonnes of CO2 per year, equivalent to planting 120,000 trees.

Under the agreement, TotalEnergies ENEOS will fully fund, install and operate the PV system while Kinpo Group will pay only for the electricity generated for 20 years, avoiding any upfront costs.

“Net zero is a difficult goal to achieve, but we must do it. The faster we can do this, the less harm there is to the earth, and only then, can we avoid a climate catastrophe. To achieve its net zero target by 2050, Kinpo Group has implemented its internal carbon pricing in 2023 and it will be continuously adjusted in the future to accelerate its low-carbon transition. Cooperating with TotalEnergies ENEOS will help advance its long-term strategy and promote a more sustainable business.”, said Mr. Andrew Chen, CEO of Kinpo Group.

“We are delighted to be trusted by Kinpo Group to provide their facility with renewable energy and advancing their carbon neutrality strategy and long-term development plan. As a leading solar service provider for commercial and industrial businesses, TotalEnergies ENEOS is committed to helping more ODM/OEM and EMS manufacturers like Kinpo Group in lowering their energy costs and carbon footprint through our tailor-made renewable solutions. We look forward to fostering a lasting energy partnership with Kinpo Group and exploring further collaboration in the future.”, said Elodie Renaud, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia.