Japan's Lixil to develop 5-MW solar plant on roof of Thai factory

• Tokyo-based supplier of building products as well as housing tools Lixil Corp (TYO:5938), announced last week it will set up a 5-MW solar plant on the roof of an aluminium factory in Thailand.

The solar (PV) power facility is anticipated to come right into operation in October of this year.

The solar array will certainly be released on top of the Tostem manufacturing base for Lixil Housing Technology (LHT), which makes about 30% of the group's aluminium structure materials. Following the setup, Tostem's renewable energy intake ratio will total up to 8.5% and it will certainly accomplish a reduction of its annual carbon dioxide (CO2) discharges of some 4,000 tonnes, Lixil price quotes.

The Japanese group aims to come to be carbon neutral by 2050, it kept in mind.