Page 12 - AsiaElec Week 47 2022

AsiaElec RENEWABLES AsiaElec

Japanese engine maker goes

green in India

INDIA A leading Japanese engine maker operating in customers. We are pleased to partner with Yan-
India, Yanmar Engine Manufacturing India Pvt mar to provide a solution that fulfills both its
Ltd (YEMI), has made public a small-scale pro- environmental sustainability and cost-saving
ject initially aimed at powering a portion of its goals.”
Tamil Nadu based factory, with the added bene- Under the terms of the project all financing,
fit of reducing operating costs. installations and operational charges in main-
The move is one of many being discussed in taining the project were borne by TotalEner-
Japanese business circles in India with localised gies ENEOS with YEMI only paying for energy
small-scale rooftop solar projects being readied generated.
to help in overall operating efficiency, whilst also
contributing to regional and national reductions According to one source familiar with the
in carbon footprints. project, this is just the first of the joint ven-
The YEMI project in conjunction with ture’s energy aspirations in the region. Plans are
TotalEnergies ENEOS, a French-Japanese already afoot to develop a further 2 GW of solar
joint venture company is a 1 MW rooftop solar on regional grids by the end of the decade to add
system. to an existing green energy portfolio of almost 12
As small as it is at present, according to GW of capacity.
sources at the company, the project will have In addition to the Yanmar project, it is also
the capacity to supply enough energy to understood that a number of other Japanese
cover around 30% of its industrial engine line manufacturers active in industrial centres across
production. India are considering similar projects as both a
Speaking after the installation was com- method to guarantee a low cost and reliable
pleted, Mr. Varun Khanna, Managing Director source of energy, in addition to contributing to
of YEMI said, “The installation of this solar pho- eventual net-zero goals targetted by the middle
tovoltaic generation system underscores Yan- of the century.
mar’s longstanding commitment to sustainable As a major Japanese player both at home
operations.” He continued “(W)ith this invest- with more than 20 PV plants operations, and
ment, we continue Yanmar’s goal to realise a sus- increasingly so abroad, ENEOS is nows work-
tainable future with access to powerful, highly ing towards increased overseas renewables pro-
efficient, and affordable engine technologies as jects, including in India, and the Yanmar project
well as implementing systems that can make is understood to be the first renewables pro-
optimal use of diverse energy sources to reduce ject backed by ENEOS on a distributed power
the burden on the environment.” framework.
The installation consists of more than 2,200 TotalEnergies is also becoming more active
panels and when fully operational will also help across South East Asia and the subcontinent as
to cut YEMI’s local carbon footprint by an esti- it builds its renewables portfolio. Already active
mated 1200 tons of CO2 per year according to in over half the nations of the world, TotalEner-
reports. In local East India this is a figure equiv- gies is now more frequently looking to Asia now
alent to the annual output of around 200 homes. to help the company reach a total of 35GW of
Financed in whole by the Singapore based renewable capacity by 2025.
TotalEnergies ENEOS Renewables Distributed The firm then plans on quadrupling this fig-
Generation Asia, Director of the firm, Gavin ure by 2030, to make it one of the leading renew-
Adda said of the project “TotalEnergies ENEOS able-sourced electricity providers in the world.™
takes pride in providing the best solutions to its

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