Indo Kordsa's energy to be generated with 5 MWp Solar Rooftop by TotalEnergies

BOGOR, Indonesia, Dec. 9, 2021 /PRNewswire/ -- PT Indo Kordsa Tbk (Indo Kordsa), a subsidiary of Kordsa group and a major supplier for the premium tire reinforcement material for the automotive sector in Southeast Asia, has signed an agreement with TotalEnergies to provide a rooftop-mounted solar system for the company's production buildings, warehouse and office buildings in Citeureup, Bogor, Indonesia. PT Indo Kordsa is one of the first tire cord manufacturers using solar power for self-consumption in Southeast Asia.

Indo Kordsa, in parallel to Kordsa Group's sustainability strategies, has declared that one of its priorities is 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. Under the agreement, TotalEnergies will install, operate and maintain the PV solar system over contract period.

The PV system will have a total capacity of 5 megawatt-peak (MWp) involving 8,830 PV panels to be mounted onto the rooftops of the company's 5 facilities. Once completed, the system is expected to generate 6,645 megawatt-hours (MWh) of solar energy annually to power Indo Kordsa's daily operations. With this new systems, Indo Kordsa can reduce around 5,250 tons of CO₂ emissions annually, equivalent to removing more than 1,100 cars from the roads or planting more than 87,000 trees.

Ibrahim Ozgur Yildirim, President Director of Indo Kordsa said, "We are inspired to reinforce life through our products and by upholding our values, create value not only for our shareholders and stakeholders but also for our planet. Sustainability is World's top agenda, and so is Kordsa's. While we strive to develop sustainable technologies with sustainable production systems, we also contribute to the global efforts against climate change. In parallel to Kordsa's 2050 Sustainability Roadmap, we are determined to reduce our carbon footprint, and increase the use of renewable energy. Our collaboration with TotalEnergies for the installment of PV systems, which will eventually generate some of our total daily energy need, marks an important step towards this goal, and will lead the path within the industry."

Gavin Adda, Head of TotalEnergies Renewables Distributed Generation Asia said, "With a strong, growing presence in Asia, and trusted by companies such as Indo Kordsa as the solar energy partner of choice, TotalEnergies provides a zero-capex solution that fulfils both environmental sustainability and cost-saving goals. As a leading solar service provider for commercial and industrial businesses, we look forward to supporting manufacturing companies, such as Indo Kordsa, in driving down their carbon footprint, and use our global experts of tailor-made solar solutions for any business energy needs."

TotalEnergies, renewables and electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity. At the end of September 2021, TotalEnergies' gross renewable electricity generation capacity is 10 GW. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources 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.

About TotalEnergies Renewables Distributed Generation

TotalEnergies Renewables Distributed Generation is a major international provider of fully integrated distributed solar energy solutions, including solar-powered rooftops, carport and ground-mounted solar power plants, with a portfolio of over 600 MW of projects in development and operation worldwide. Active in Asia since 2018, TotalEnergies Renewables Distributed Generation is one of the largest and fastest players in renewable energy distributed generation in the region for commercial and industrial customers, with a portfolio of 100 MW of projects in development and operation.
https://solar.totalenergies.asia

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, 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.

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About Indo Kordsa

Indo Kordsa is a major supplier for premium tire reinforcement material in Southeast Asia in the last four decades. Product range of Indo Kordsa includes Tire Core Fabric (Nylon 66 and Polyester), Nylon 66 Yarn and High-Modulus-Low-Shrinkage Polyester Yarn. The Company operates on an area coverage of 475,194 M2 with market share covering both local and international customers. The Company, being one of the important affiliates of Kordsa, continues to create value for all stakeholders with its innovation and customer focused approaches.
www.indokordsa.com

TotalEnergies Contact
Media Relations: contact.solar.asia@totalenergies.com

Indo Kordsa Contact
corporate.secretary.id@kordsa.com

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