BOGOR, Indonesia , Nov. 23, 2022 /PRNewswire/ — TotalEnergies and PT Indo Kordsa Tbk (Hind Kordsa) celebrated the official launch of a rooftop solar system for Indo Kordsa’s manufacturing, warehouse and office buildings in Citeureup, Bogor. Indonesia (23/11). Indo Kordsa, a subsidiary of the Kordsa Group and a major supplier of high-quality tire reinforcement materials to the automotive sector in Southeast Asia, is one of the first solar tire cord manufacturers in Southeast Asia in an effort to implement the Indo Kordsa Sustainability Roadmap Strategy. by reducing emissions by 3% per year through the use of renewable energy.
The opening ceremony was held at Indo Kordsa, attended by representatives of Indo Kordsa and TotalEnergies, the Ministry of Industry, the Ministry of Energy and Mineral Resources (ESDM) and the Governor of West Java.
In line with Kordsa Group’s sustainability strategies, Indo Kordsa is committed to becoming a Net Zero Company by 2050 by reducing emissions, including Greenhouse Gases (GHG), and combating climate change. Indo Kordsa was looking for a partner to install a rooftop PV (photovoltaic) energy system to meet its sustainability targets while reducing its carbon footprint and saving on energy costs. They chose TotalEnergies, known for its strong technical expertise in deploying renewable energy solutions in highly technical and complex areas around the world, to support them in their clean energy transition.
With more than 8,800 modules installed on the roofs of the company’s 6 facilities, the 4.8 megawatt-peak (MWp) PV system generates approximately 6,800 megawatt-hours (MWp) of renewable electricity annually, providing significant cost savings for Indo Kordsa and reducing the company’s costs . carbon footprint of approximately 5,400 tons of CO2 emissions, equivalent to planting more than 163,000 trees over the contract period.
“This record is the largest among other Kordsa projects in 6 countries and also the largest in Bogor district. Through these solar panels, PT Indo Kordsa Tbk became the first Textile Industry in Indonesia to use rooftop solar panels,” Ömür Mentes said. President of PT Indo Kordsa Tbk.
The story continues
Under the agreement, TotalEnergies finances, installs and operates the PV solar system. Indo Kordsa will make monthly payments as electricity is generated for 20 years without any initial investment. TotalEnergies guarantees the best system performance so that Indo Kordsa can enjoy the economic and environmental benefits of a rooftop solar system without any operational concerns.
“Renewable energy today is not just a fad, it’s a business decision, a market decision, and these numbers are a clear example of what this opportunity represents for renewable energy,” concluded Ömür Menteş.
Gavin Adda, Head of TotalEnergies Renewables Distributed Generation Asia, congratulates both the Indo Kordsa and TotalEnergies teams on the successful launch of the system, saying: “TotalEnergies provides technical, financial and commercial peace of mind to its customers. and support the sustainability journey towards savings goals.”
About TotalEnergies Renewables Distributed Generation in Asia
TotalEnergies Renewables Distributed Generation is a leading international supplier of fully integrated distributed solar energy solutions, including solar rooftops, parking and ground-mounted solar power plants, with a portfolio of over 800 MW of projects under construction and operation worldwide. In Asia, TotalEnergies Renewables Distributed Generation is one of the largest and fastest growing players in distributed renewable energy generation in the region for commercial and industrial customers, with a portfolio of over 600 MW of projects under development and operation in 9 countries. https://solar.totalenergies.asia
TotalEnergies and renewable electricity
As part of its ambition to reach net zero by 2050, TotalEnergies is building a portfolio of renewable energy and electricity activities. At the end of June 2022, TotalEnergies’ total renewable electricity generation installed capacity is close to 12 GW. TotalEnergies aims to be among the world’s top 5 producers of electricity from wind and solar energy to 35 GW of total generation capacity from renewable sources and storage by 2025, and then to 100 GW by 2030 will continue to expand this work to deliver
TotalEnergies is a global multi-energy company that produces and markets energy: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is more affordable, cleaner, more reliable and accessible to as many people as possible. Operating in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to human well-being.
Twitter: @TotalEnergies LinkedIn: TotalEnergies Facebook: TotalEnergies Instagram: TotalEnergies
About Indo Kordsa
PT Indo Kordsa Tbk (Hindo Kordsa) has been a major supplier of premium tire reinforcement material in Southeast Asia for the past four decades. The company itself was established in Indonesia in 1981 as PT Branta Mulia and listed on the Jakarta Stock Exchange under the issuer code BRAM, continuing to show significant business growth until the 1990s. In 2006, Kordsa Teknik Tekstil A.Ş., part of Sabancı Holding, a strategic portfolio company that is a pioneer in technology-based industries in Turkey. acquired 51.3% of the company’s shares, and ownership continued to rise to 61.59%. Owned by Kordsa Teknik Tekstil AS, which owns 70 companies in 6 countries, PT Branta Mulia Tbk changed its name to PT Indo Kordsa Tbk in 2018. Indo Kordsa’s product range includes Tire Core Fabric (Nylon 66 and Polyester). , Nylon 66 Yarn and High Modulus Low Shrink Polyester Yarn. Indo Kordsa operates on an area of 475,194 M2 with a market share covering both domestic and international customers. The company continues to create value for all stakeholders through its innovation and customer-centric approach.
The terms “TotalEnergies”, “TotalEnergies Company” or “Company” in this document are used to refer to TotalEnergies SE and any affiliated entities directly or indirectly controlled by TotalEnergies SE. Similarly, the words “we”, “us” and “our” may also be used to refer to these entities or their employees. Entities in which TotalEnergies SE directly or indirectly owns shares are separate legal entities. This document may contain forward-looking information and statements based on a number of economic data and assumptions made in a particular economic, competitive and regulatory environment. They may be inaccurate in the future and subject to a number of risk factors. Neither TotalEnergies SE nor its subsidiaries undertake any obligation to publicly update 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 regarding risk factors that may affect TotalEnergies’ financial results or operations is provided in the latest Universal Registration Document filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF). On Form 20-F filed with the United States Securities and Exchange Commission (SEC).
PT Indo Kordsa Tbk logo
SOURCE Total Solar Distributed Generation