Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, November 17 2022 - 13:00
AsiaNet
TotalEnergies ENEOS Completes Solar Rooftop Installation for Yanmar, a Leading Japanese Engine Manufacturer in India
CHENNAI, India, Nov. 17, 2022 /PRNewswire-AsiaNet/ --

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

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=434083

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

Translations

Japanese