TotalEnergies ENEOS announced the end of its first floating solar system project in Asia-Pacific by signing an agreement with PT. Perusahaan Industri Ceres. This installation reinforces the company's decarbonization efforts, while allowing significant savings in energy consumption

The installed system will power approximately 9% of Ceres' manufacturing plant in Bandung, Indonesia, with renewable energy. This newly installed PV system will reduce the company's overall carbon footprint by around 2,600 tons of CO2 emissions, which is equivalent to taking around 560 cars off the road or planting over 39,000 trees. According to Nancy Florencia, managing director of PT. Perusahaan Industri Ceres, “P.T. Perusahaan Industri Ceres is proud to be committed to this partnership with TotalEnergies ENEOS to achieve this important sustainability milestone. It also marks a step forward in Indonesia's goal of achieving net zero emissions by 2060 or sooner.” For his part, Alexandru Buzatu, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia Pacific believes that “TotalEnergies ENEOS is delighted to support PT. Perusahaan Industri Ceres in its sustainable development approach. As a leading solar service provider for the commercial and industrial sectors, we are committed to helping customers like PT. Perusahaan Industri Ceres to reduce their energy expenses while reducing their carbon emissions. Building on our global expertise, TotalEnergies ENEOS will continue to provide innovative end-to-end long-term solutions to help the customer achieve their decarbonization goals.” Under the agreement, TotalEnergies ENEOS will fully finance, install and operate the solar system, while Ceres will benefit from significant cost savings by only paying for the electricity generated for 15 years, with no initial costs