TotalEnergies ENEOS has signed a pact with Golden Victory Vietnam Co., to develop a 4.6 megawatt-peak (MWp) solar photovoltaic (PV) system at its facility in Nam Dinh Province, Vietnam. With this, their total solarisation system size to 7.5 MWp. Golden Victory is one of the biggest shoes and footwear manufacturers and a key supplier for globally renowned sportswear brands.
The PV system has over 7,900 of modules installed and is expected to produce approximately 5,200 megawatt-hours (MWh) of renewable electricity, annually. It would help the firm in significant cost savings for Golden Victory and reeducate company’s carbon footprint by about 4,200 tons of CO2 emissions annually.
As per the pact, TotalEnergies ENEOS will totally fund, install and operate the solar system and Golden Victory would pay or the electricity generated for 20 years, avoiding any upfront costs.
Commenting on this, Catherine Liu, Director of of Golden Victory Vietnam, said, “TotalEnergies is a very professional and trustworthy partner. Therefore, when we plan a new solar power generation project, TotalEnergies is always our first choice. In our last solar power project, the system has been running smoothly and the output power has been stable, contributes to our carbon emissions reduction. From system installation to operation, we feel the professionalism and service enthusiasm of TotalEnergies and their team.”
Elodie Renaud, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia,said, “We are delighted to be chosen again as the solar partner of choice for Golden Victory, powering their operations with our high-quality solar solution, supporting them in this significant step towards their sustainability goals. As a leading solar service provider, TotalEnergies ENEOS is committed to helping businesses achieve their environmental and cost-savings goals, providing customers with peace of mind from a technical, financial, and commercial perspective.”
In April 13, 2022 , French firm TotalEnergies and Japanese firm ENEOS had signed a joint venture agreement to develop onsite B2B solar distributed generation across Asia. The 50/50 Joint Venture between two major players in the field has planned to develop 2 GW of decentralized solar capacity over the next five years.
Also, last week, Thailand based CoorsTek, a leading global manufacturer of technical ceramics,signed a long-term agreement with TotalEnergies ENEOS for a 1.5 megawatt-peak (MWp) rooftop and carport solar photovoltaic (PV) system at its 110,000 square foot manufacturing facility in Rayong, Thailand.
