PTT Global Chemical boosts sustainability by installing a solar roof with TotalEnergies ENEOS

BANGKOK, October 26, 2022 /PRNewswire/ — TotalEnergies ENEOS will develop a solar rooftop project for PTT Global Chemical (GC), a world leader in chemicals, to supply a total of 5.7 MWp of solar photovoltaic (PV) system to its facilities in Thailand.

Image: GC installation site in Thailand where the solar roof is installed by TotalEnergies ENEOS

With over 10,000 solar panels installed, the two photovoltaic systems will generate around 8,600 megawatt hours (MWh) of renewable energy per year, delivering significant savings for GC and reducing the company’s carbon footprint by around 4,000 tonnes. of CO2 emissions per year, which is equivalent to planting more than 120,000 trees over the duration of the contract.

Under the agreement, TotalEnergies ENEOS will install and operate the solar photovoltaic system while GC will pay for the electricity produced for 20 years, without any upfront investment.

Pornsak Mongkoltrirat, Executive Vice President of Polymers Business Unit, PTT Global Chemical Public Company Limited (GC) said: “Under the action plan, the GC Group aims to reduce greenhouse gas emissions through efficiency, which is the adoption of sustainable principles by incorporating innovation and efficiency into our business practices with the aim of reducing resource use, energy sufficiency and cleanliness We believe that an ongoing commitment to sustainability and a drive for innovation will help us deliver better products and reduce our impact on the environment throughout the supply chain, for the benefit of the world, our partners and our customers.”

Gavin AddaDirector of TotalEnergies ENEOS Renewables Distributed Generation Asia said, “We are honored that PTT Global Chemical, a leading global chemical company, trusts us to meet their energy needs and achieve their environmental sustainability goals at the same time. TotalEnergies ENEOS offers its customers peace of mind from a technical, financial and business perspective. We are committed to being a long-term energy partner for PTT Global Chemical to advance in its sustainable journey.

(PRNewsfoto/TotalEnergies)

(PRNewsfoto/TotalEnergies)

About TotalEnergies ENEOS Renewables Distributed Generation Asia Pte. ltd.

The company is a 50/50 joint venture between TotalEnergies and ENEOS to develop on-site B2B distributed solar generation through Asia. It is headquartered at Singapore with a project to develop 2 GW of decentralized solar capacity over the next five years.

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 activities in renewable energies and electricity. At the end of June 2022, TotalEnergies’ gross renewable electricity production capacity is 12 GW. TotalEnergies will continue to develop this activity to reach 35 GW of gross production capacity from renewable sources and storage by 2025, then 100 GW by 2030 with the objective of being among the top 5 world producers of electricity from wind and solar sources.

ENEOS Corporation and renewable electricity

ENEOS operates more than 20 solar power plants in Japan and also participate in renewable energy projects in United States, Australiaand Vietnam. In addition, 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 energy sources.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewable energies 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. Present in more than 130 countries, TotalEnergies places sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

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About ENEOS Corporation

The ENEOS group has developed activities in the energy and non-ferrous metals segments, from upstream to downstream. The objectives envisaged by the Group for 2040 are as follows: to become one of the largest and most competitive energy and materials groups in Asia, create value by transforming our current business structure and contribute to the development of a low-carbon and recycling-oriented society with the pursuit of carbon neutrality in its own CO2 emissions. ENEOS Corporation, one of the main operating companies of the Group, contributes to the achievement of the objectives envisaged by the Group through a wide range of energy activities.

PTT Global Chemical (GC) Logo

PTT Global Chemical (GC) Logo

About PTT Global Chemical Public Company Limited

PTT Global Chemical Public Company Limited, or GC is Thailand largest integrated petrochemical and refining company and a leading company in Asia Pacific region, both in terms of its size and its wide range of products – from petrochemicals to biochemicals with the world’s leading producer of bioplastics. We are the world’s number one chemical company in the Dow Jones Sustainability Indexes for three consecutive years. In addition, we have been ranked at the leadership level (list A) in water management and environmental management in climate change by the CDP. In line with the Paris Agreement, we aim to reduce current CO2 emissions by 20% by 2030 as part of our journey to reach Net Zero by 2050.

www.pttgcgroup.com

Contact ENEOS TotalEnergies

Media Relations: [email protected]

PTT Global Chemical Public Company Limited Contacts

Chintarat Saiintawong: [email protected]
Siriporn Sukhapunnapan: [email protected]

Disclaimer TotalEnergies

The terms “TotalEnergies”, “TotalEnergies Company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated 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. The entities in which TotalEnergies SE directly or indirectly holds a stake are separate legal entities. This document may contain forward-looking information and statements based on certain 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 undertakes any obligation to publicly update any forward-looking information or statements, objectives or trends contained herein, whether as a result of new information, future events or others. Information concerning the risk factors likely to affect the financial results or the activities of TotalEnergies is provided in the most recent Reference Document, the French version of which is filed by TotalEnergies SE with the Autorité des Marchés Financiers (AMF). , and in Form 20-F filed with the United States Securities and Exchange Commission (SEC).

Disclaimer ENEOS Corporation

The terms “ENEOS”, “ENEOS Group” in this document are used to designate ENEOS Corporation and the consolidated entities 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 statements due to a variety of 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