TotalEnergies aids PREMO Vietnam to reduce carbon footprint

TotalEnergies, a global energy company, has successfully finished the construction of a 1-megawatt-peak (MWp) Rooftop Solar Photovoltaic (PV) System at two production sites owned by PREMO Vietnam Co. Ltd in Quang Nam Province, Vietnam. This significant development marks a substantial stride towards sustainability in the region. PREMO, headquartered in Spain, is renowned for its innovative electromagnetic motion tracking sensing solutions and designs.

The new PV system, boasting over 1,700 installed modules, is set to produce approximately 1,350 megawatt-hours (MWh) of renewable electricity each year. The installation will power approximately 25% of PREMO Vietnam’s facilities with clean, renewable energy, leading to substantial cost savings and a remarkable reduction of the company’s carbon footprint by approximately 1,000 tonnes of CO2 emissions annually. This environmental impact is equivalent to the effect of planting over 15,000 trees.

The partnership between TotalEnergies and PREMO Vietnam is structured to facilitate sustainability and ease of operation. Under the agreement, TotalEnergies fully funded and installed the solar system, and will continue to operate it. PREMO Vietnam, on the other hand, will exclusively purchase the electricity generated by the PV system for the next 20 years, thereby eliminating any upfront costs.

Andres Garcia, the Country Manager of PREMO Vietnam Co. Ltd, expressed his satisfaction with the partnership, saying, “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.” 

Elodie Renaud, Director of TotalEnergies Renewables Distributed Generation Asia, also emphasised the importance of this collaboration, stating, “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.”

Related Posts
Others have also viewed

Meet the trailblazing women collaborating to save the ocean and increase gender diversity in STEM

In Mauritius, Scotland, Manchester, London, and Australia a group of award-winning women scientists and experts ...

STUDY: UK transport and logistics industry faces sustainability gap admist AI adoption

HERE Technologies, the leading location data and technology platform, today unveiled insights from its latest ...

Einride, Mars partner for Europe’s biggest road freight electrification in FMCG industry

Einride, a freight mobility company that provides digital, electric and autonomous technology, has partnered with ...

BCG and Climeworks sign historic 15-Year carbon removal agreement

Climeworks, a global leader in carbon removal via direct air capture technology, and Boston Consulting ...