Japanese Rengo unit plans 5.6-MW solar project in Germany

• TRICOR Packaging & Logistics AG, a subsidiary of Japanese maker and representative of paper as well as packaging products Rengo Co Ltd (TYO:3941), will certainly set up a 5.6-MW rooftop and ground-mounted solar system in southerly Germany.

The solar energy system, which will include regarding 14,000 panels, will certainly be built atop TRICOR's head office as well as at a nearby plot safeguarded for the firm's development in the Bad Worishofen town, Bavaria, Rengo introduced recently.

Scheduled to commence power manufacturing in the second fifty percent of 2023, the new off-grid solar installation is expected to be able to balance out more than 1,000 tonnes of co2 (CO2) emissions per year as well as minimize natural gas consumption.

In addition to matching Germany's environmental policy, the solar farm likewise aligns with Rengo's Eco Challenge 2030 target to minimize carbon emissions by 46% contrasted to the fiscal year 2013, the Japanese producer kept in mind.