Indo Kordsa, a subsidiary of Kordsa Group and a major supplier for the premium tire reinforcement material to the automotive sector in Southeast Asia, is one of the first tire cord manufacturers using solar power in Southeast Asia as an attempt to implement Indo Kordsa Sustainability Roadmap Strategy through 3% emission reduction per year by usage of renewable energy.
The opening ceremony was held at Indo Kordsa, attended by representatives from Indo Kordsa and TotalEnergies, Ministry of Industry, Ministry of Energy and Mineral Resources (ESDM), and West Java Governor.
Indo Kordsa, in parallel to Kordsa Group's sustainability strategies, is committed to become Net Zero Company at 2050 by reducing emissions including GreenHouse Gases (GHG) and combating climate change. Indo Kordsa was looking for a partner to install its rooftop PV (photovoltaic) power system to drive down their carbon footprint and fulfill their sustainability targets while saving power costs. They chose TotalEnergies, known for their robust technical experience in deploying renewable energy solutions on highly technical and complex sites around the world, to support them in their transition towards clean energy.
With over 8,800 of modules installed onto the rooftops of the company's 6 facilities, the 4.8 megawatt-peak (MWp) PV system generates approximately 6,800 megawatt-hours (MWh) of renewable electricity annually, realises significant cost savings for Indo Kordsa and reduces the company's carbon footprint by about 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 throughout 6 countries and also the largest in Bogor District. Through these solar panels, PT Indo Kordsa Tbk also became the first Textile Industry in Indonesia to utilize the solar panels rooftop”, said Ömür Menteş, President Director of PT Indo Kordsa Tbk.
Under the agreement, TotalEnergies finances, installs and operates the PV solar system. Indo Kordsa will pay monthly while electricity is produced for 20 years, without any upfront investments. TotalEnergies guarantees the best performance of the system so Indo Kordsa can enjoy the economical and environmental benefits of the rooftop solar system, without any operational concerns.
“Today, renewable energy is not just a fad, it's a business decision, it's a market decision, and that numbers are a clear example of what this opportunity for renewable energy represents”, Ömür Menteş concluded.
Gavin Adda, Head of TotalEnergies Renewables Distributed Generation Asia, congratulates both the Indo Kordsa and TotalEnergies teams on the successful launch of the system and said “TotalEnergies provides its customers peace of mind from a technical, financial, and commercial perspective. We are delighted to support Indo Kordsa on its sustainability journey towards reducing their carbon footprint and cost-saving goals.”
