TotalEnergies ENEOS has implemented a 6 MWp solar rooftop photovoltaic (PV) system for Chin Well Fasteners (Vietnam), a carbon steel fastener producer.
As per the firm, this initiative is in line with the Chin Well’s dedication to helping its customers adhere to the forthcoming Carbon Border Adjustment Mechanism (CBAN).
The project was completed within 4 months and will equip Chin Well Vietnam facilities with 30% clean electricity, helping in substantial cost savings and an annual reduction of 5,850 tonnes of CO2 emissions, equivalent to planting over 87,700 trees.
With this, Chin Well will be able to purchase electricity for 20 years without upfront investments, showcasing a commitment to sustainable energy practices.
“We are proud to have completed the solar rooftop project for Chin Well and provide a solution that fulfils both its environmental sustainability and cost-saving goals. As a leading solar service provider for commercial and industrial businesses, TotalEnergies ENEOS commits on the quality and reliability of our operations over the 20 years to provide peace of mind from a technical, financial, and commercial perspective. We look forward to fostering a lasting energy partnership with Chin Well and exploring further collaboration in the future.”, said Elodie Renaud, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia.