Indo Kordsa decarbonized by TotalEnergies

Indo Kordsa and TotalEnergies celebrated the launch of the solar system installed on the roof of industrial buildings in Indonesia.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

Indo Kordsa and TotalEnergies celebrated the launch of the solar system installed on the roof of industrial buildings in Indonesia. An official inauguration Indo Kordsa and TotalEnergies launched the solar system in Citeureup, in the city of Bogor, Indonesia. Indo Kordsa is one of the leading suppliers of tire reinforcement…

Indo Kordsa and TotalEnergies celebrated the launch of the solar system installed on the roof of industrial buildings in Indonesia.

An official inauguration

Indo Kordsa and TotalEnergies launched the solar system in Citeureup, in the city of Bogor, Indonesia. Indo Kordsa is one of the leading suppliers of tire reinforcement materials in Southeast Asia. In addition, it is the first tire cord manufacturer to use solar energy in Southeast Asia.

The opening ceremony was attended by representatives of Indo Kordsa and TotalEnergies. In addition, representatives from the Department of Energy and Mineral Resources and the Governor of West Java were present. In addition, the company aims to reduce its emissions by 3% per year through the use of renewable energy.

An industrial commitment

Indo Kordsa is committed to becoming a Net Zero company in 2050 by reducing its emissions. In particular, the company is committed to reducing its greenhouse gas emissions to combat climate change. Thus, the company was looking for a partner to install its rooftop photovoltaic system in order to reduce its carbon footprint.

Indo Kordsa chose TotalEnergies known for its solid technical experience in the deployment of renewable energy solutions. The system installed on the company’s roof includes 8800 modules. Thus the photovoltaic system is able to reach 4.8MWp allowing to generate about 6800MWh per year.

A central position

Ă–mĂĽr MenteĹź, president and director of PT Indo Kordsa Tbk, states:

“This record is the largest among other Kordsa projects in 6 countries and also the largest in Bogor district. With these solar panels, PT Indo Kordsa Tbk has also become the first textile industry in Indonesia to use rooftop solar panels.”

In addition, as part of the agreement, TotalEnergies finances, installs and operates the solar photovoltaic system. Thus, Indo Kordsa will pay monthly for 20 years the electricity produced, without any initial investment.

Gavin Adda, head of distributed generation for TotalEnergies Renewables in Asia, said:

“TotalEnergies offers our customers peace of mind from a technical, financial and business perspective. We are delighted to support Indo Kordsa in its sustainability journey to reduce its carbon footprint.”

In Asia, TotalEnergies Renewables Distributed Generation is one of the most important players. The French company has a portfolio of more than 600MW of projects under development. In addition, the company is present in nine countries.

Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.
The public utility Eskom launches a tender to sell long-term solar electricity via PPAs, directly targeting industrial players amid continued pressure on national energy security.
The Norwegian group Scatec strengthens its position in emerging markets with a marked increase in revenue and its portfolio of projects under construction.
The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.
The European Bank for Reconstruction and Development is financing the modernization of Enerjisa Enerji’s electricity distribution network in the Toroslar region, affected by the 2023 earthquakes.
Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
Meta secures its energy supply in South Carolina with a 100-megawatt solar project led by Silicon Ranch and Central Electric Power Cooperative. The site will support the group's future data center in Graniteville.
SolAmerica Energy secures a $100 million revolving credit facility with Deutsche Bank to support its distributed solar assets in the United States.
Diamond Infrastructure Solutions grants Third Pillar Solar exclusive access to its Texas reservoirs to evaluate the potential for 500 MW of floating solar as part of a $700 million investment.
The Jackson County Solar project, valued at 125 megawatts, is expected to generate more than $70 million in direct economic impact for local communities in Michigan.
Empower New Energy commissions a solar power plant in Egypt for L’Oréal, completing a direct investment structured without debt and strengthening its market entry strategy in the African industrial sector.
Looser eligibility rules for U.S. solar tax credits triggered an immediate stock surge, easing investor concerns about potential regulatory tightening.
TCL SunPower Global entrusts the distribution of its solar panels to Energia Italia, thereby consolidating its presence in the Italian market within a context of strategic restructuring.
Weakened by the exclusion of its solar panels from the U.S. market, Maxeon reports a sharp revenue decline and adjusts its financial structure under market pressure.
The Manah-1 solar project in Oman, with a capacity of 500 MW, was delivered by Shanghai Electric and has recorded a stable first month of operation, strengthening industrial and technical cooperation with Électricité de France.
Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.
Rezolv Energy won three contracts for difference totalling 731MW in Romania’s second auction, supported by public financing mechanisms for renewable energy.
Gentari has started construction at the Maryvale site, a solar project combined with a 409 MWh battery storage system, located in Central-West Orana and backed by a long-term public contract.
OX2 has obtained Australian environmental approval to build a solar and storage project in Muswellbrook, on a former coal site in New South Wales, marking a milestone in its industrial strategy in the region.
The International Finance Corporation finances ENGIE EnergĂ­a PerĂş to develop solar, wind, and storage projects, with performance indicators targeting efficiency and governance.
Consent Preferences