PR Newswire
11 Sep 2023, 07:30 GMT+10
![]() | ![]() |
HO CHI MINH CITY, Vietnam, Sept. 11, 2023 /PRNewswire/ -- TotalEnergies has completed the building of 1 megawatt-peak (MWp) Rooftop Solar Photovoltaic (PV) System at two production sites of PREMO Vietnam Co. Ltd in Quang Nam Province, Vietnam. Headquartered in Spain, PREMO is a leading provider of electromagnetic motion tracking sensing solutions and designs. This PV system will power about 25% of the facilities with renewable energy.
With over 1,700 of modules installed, the PV system will generate approximately 1,350 megawatt-hours (MWh) of renewable electricity annually. PREMO Vietnam will achieve cost savings for the facilities and reduce the company's carbon footprint by about 1,000 tonnes of CO2 emissions annually, equivalent to planting over 15,000 trees.
Under the agreement, TotalEnergies fully funded, installed the solar system and will operate it while PREMO Vietnam will only purchase the electricity produced for 20 years, avoiding any upfront costs.
"Sustainability is one of our main objectives, green energy being a top priority for us. Therefore, we are pleased to partner with TotalEnergies, a company that we consider a key partner for our green strategy in Vietnam" said Andres Garcia, Country Manager of PREMO Vietnam Co. Ltd.
"We are pleased to support PREMO Vietnam in taking an important step towards achieving their long-term sustainability goals. As a leading solar service provider for commercial and industrial businesses, TotalEnergies is committed to helping customers like PREMO Vietnam reduce both their energy costs and carbon footprint," said Elodie Renaud, Director of TotalEnergies Renewables Distributed Generation 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 electricity and renewables. At the end of Q2 2023, TotalEnergies' gross renewable electricity generation installed capacity was 19 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. https://renewables.totalenergies.com/en
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 LinkedIn TotalEnergies Facebook TotalEnergies Instagram TotalEnergies
TotalEnergies Contacts
Media Relations: [email protected]
About PREMO
PREMO is a Spain-based company engaged in the development, manufacture, and sale of electronic components with special focus on the growing market of H&EV, and market segments including automotive, telecommunications, and industrial electronics. 1200 employees at over 8 design and production locations and an extensive sales network let PREMO have a global presence to meet country specific needs. 58 years being a preferred supplier because of our strong commitment to business excellence, engineering support, reliable delivery and the quality of our products.
About PREMO Vietnam Contacts
Media Relations: [email protected]
https://www.linkedin.com/company/premo-group
https://www.facebook.com/premogroup
https://www.youtube.com/user/PREMOGroup
https://www.grupopremo.com/en/
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 Autorite des Marches Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
Get a daily dose of Malaysia Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Malaysia Sun.
More InformationFor decades, the US Agency for International Development (USAID) has been vital in combating HIV across the Asia–Pacific region, where...
COLOMBO, Sri Lanka: A passenger bus carrying nearly 50 people skidded off a cliff in Sri Lanka's central highlands, killing 21 and...
Gandhinagar (Gujarat) [India], May 19 (ANI): Union Home Minister and Gandhinagar Lok Sabha MP Amit Shah inaugurated the Pallav Bridge...
New Delhi [India], May 19 (ANI): The Gujarat Titans (GT) opening pair of Shubman Gill and Sai Sudharsan tore down several batting records...
Naypyitaw [Myanmar], May 19 (ANI): An earthquake of magnitude 3.9 on the Richter scale jolted the country of Myanmar late Sunday, the...
New Delhi [India], May 19 (ANI): The National Cadet Corps (NCC) has reached a significant milestone as its expedition team successfully...
CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...
BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...
CHICAGO, Illinois: U.S. cattle farmers have either started rebuilding their herds or are close to it, according to Tyson Foods CEO...
WASHINGTON, D.C.: Smartphone shipments to the United States jumped 30 percent in March as manufacturers including Apple, Samsung, and...
CHICAGO, Illinois: Kraft Heinz is committing US$3 billion to revamp its U.S. manufacturing plants, marking its largest investment in...
STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...