TotalEnergies completes 5-MWp rooftop solar system in Indonesia

• French energy group TotalEnergies SE (EPA: TTE) introduced on Wednesday the launch of a 4.8-MWp roof solar system for Indonesia-based tire cable fabrics maker PT Indo Kordsa Tbk (IDX: BRAM).

The photovoltaic (PV) system was set up atop Indo Kordsa's six facilities that include production, warehouse, as well as office complex located in the district of Citeureup, Bogor city, West Java district.

TotalEnergies financed, mounted and now operates the solar system consisted of greater than 8,800 modules. The Indonesian unit of Turkey-based Kordsa Group (IST: KORDS) will pay regular monthly while the PV portfolio produces clean electrical power under the 20-year agreement.

The rooftop panels will produce some 6,800 MWh annually and also aid Indo Kordsa decrease its carbon dioxide (CO2) exhausts by over 5,400 tonnes every year, the press release states.

PT Indo Kordsa Tbk's president supervisor, Omur Mentes, kept in mind that with this campaign the business is currently the first in the country's textile sector to utilise photovoltaic panels on roofs.