With over 3700 modules installed, the solar photovoltaic (PV) system generates approximately 3,250 megawatt-hours (MWh) of renewable electricity annually. The installed system will power approximately 9% of Ceres' manufacturing facility with renewable energy in Bandung, Indonesia. The newly installed PV system will result in a reduction in the company's overall carbon footprint by approximately 2,600 tons of CO2 emissions, equivalent to taking approximately 560 cars off the road or planting over 39,000 trees.
Under the agreement, TotalEnergies ENEOS fully funded, installed, and will operate the solar system, while Ceres enjoy significant cost savings by only paying for the electricity produced for 15 years, without any upfront costs.
“We are excited to take this significant step towards a more sustainable future. Solar energy, as a renewable resource, plays an important role in reducing greenhouse gas emissions and mitigating climate change. PT. Perusahaan Industri Ceres is proud to embark on this partnership with TotalEnergies ENEOS in achieving this sustainability milestone. This also marks an advancement in Indonesia's target of reaching net zero emissions by 2060 or sooner,” said Nancy Florencia, President Director of PT. Perusahaan Industri Ceres.
“TotalEnergies ENEOS is thrilled to support PT. Perusahaan Industri Ceres in their sustainability journey. As a premier solar service provider for commercial and industrial sectors, we are dedicated to helping customers like PT. Perusahaan Industri Ceres lower their energy expenses while reducing carbon emissions. Leveraging our global expertise, TotalEnergies ENEOS will continue to provide innovative, long term end-to-end solutions to help the customer achieve their decarbonization goals,” said Alexandru Buzatu, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia Pacific.
