NEFIN Group, a major Asian carbon neutral solutions provider continues to grow in Taiwan

NEFIN–Honda Logistics solar energy project officially completed

HONG KONG
SAR – Media
OutReach – 10 March 2021 – The leading solar photovoltaic developer and investor in
carbon neutrality solutions, NEFIN Group, and a renewable partner of several
Fortune 500 corporate customers, announced today that Worldwide Logistics
Services, Inc. (W.L.S.)’s solar photovoltaic rooftop project in Taoyuan is officially
completed. The solar project covers an area of ​​approximately 13,562 square meters with Honda Logistics, a subsidiary
of the Japanese Honda Group, as the warhouse user.

 

This rooftop project offers a solar capacity of 1764.33kW,
with an average annual power generation of 2,086,725 kWh. It will help reduce
an average 1,104 tonnes of carbon emissions annually, which is equivalent to
planting 111,203 trees. It is a big step forward for Honda Logistics’ overall
emission reduction target.

 

Honda
Logistics currently has two factories in Taiwan – the Pingtung Headquarters and
the Yangmei Logistics Center. In order to implement Honda Group’s energy saving
and carbon reduction policy in recent years, the roofs of both factories have
been equipped with solar energy panels, signifying completion of the first wave
of its renovation plans.

 

Mr
Glenn Lim, CEO of NEFIN Group, said: “We are strongly committed to co-operating
with corporates of all sizes to achieve the goal of carbon neutrality to create
a sustainable future. As the technical requirements of each plant or roof are
different, the NEFIN team is actively involved throughout the entire process, from
planning to construction. With our extensive experience and strong focus on
safety and quality control, NEFIN can help customers to improve the
productivity of clean energy effectively and reduce operational costs. We also
ensure the seamless integration of solar photovoltaic systems and buildings
safely and with minimal interruption to daily operations. “

 

“As
more of our partners aim to reach RE100, NEFIN Group has ambitious goals to continue
to expand its carbon neutrality offerings to provide the latest, most reliable
and comprehensive solutions to corporates.”

 

W.L.S.’s
Manager, Mr Wei Quan, commented, “We chose to work with NEFIN Group as we
believe in their extensive experience, integrity, quality of work, passion
towards green energy and also their focus on safety. As expected, the team has
completed such complicated and state-of-the-art project in slightly over six
months.”

 

Honda
Logistics Taiwan said: “We are grateful for having the opportunity to
participate in the rooftop solar energy project with NEFIN and W.L.S. Energy
saving and carbon reduction is one of our company’s policies that have grown in
great importance in recent years. Therefore, after the first wave of solar
energy transformation plans, the company also started to replace original
factory lighting with power-saving LEDs and shift to paperless daily
operations. We hope to achieve the goals previously set and take actions to
support the development of green energy and strengthen measures against climate
change.”

 

In line with the Taiwan
government’s green energy policy, Taiwan Power Company aims to have a 20%
renewable energy power generation by 2025, in which the solar photovoltaic
installation capacity needs to reach 20GW. In order to effectively achieve the
goal of green energy generation and improve the overall resilience of the
distribution network, Taiwan Power Company has developed a
“distribution-level regenerative energy management system” to
regulate power distribution and maintain stable power supply. In the future,
large-scale solar power plants will need to connect their own systems with
Taiwan Power Company’s DREAMS system so as to avoid voltage shocks when a large
amount of solar power is integrated into the grid, which will affect the
quality of power supply. NEFIN–Honda’s corporation is included in this overall
plan.

 

Mr
Li Junxian, General Manager of NEFIN Taiwan, said: “In line with the green
energy policy promoted by the government aggressively, we do feel that
Taiwanese companies are actively adopting green energy and emission reduction
strategies. In addition to enterprises with self-owned factories, many large
multinational and local companies choose to rent factories or buildings with a
more complete green energy and emission reduction infrastructure. We believe
that for companies that want to maintain a competitive advantage in the
corporate market, the best choice is having renewable energy as an integral
part of its operations.”

 

After
the revisions to the Electricity Act to liberalize electricity trading, green
energy consumers can purchase green electricity and vouchers through
electricity producers. NEFIN Group will rely on its extensive experience in
renewable energy in Taiwan and internationally to move towards the emerging
industries of the power trading market and contribute to the diversified market
of renewable energy.