NGK Insulators is all set to develop solar PV equipment with a total capacity of 40 MW by 2025.
The company will introduce the equipment at its manufacturing sites in both Japan and overseas. With this, it aims to cut annual CO2emissions by 22,000 tons.
It comes at a time when the NGK Group has aimed to achieve net zero CO2 emissions by 2050. For this, the company has designed a Carbon Neutrality Strategic Roadmap as per which it plans to cut emissions by 25 percent by 2025.
Besides, the company is installing PV and working to procure renewable energy.
NGK is all set to install PV at its main overseas manufacturing subsidiaries in Poland and Thailand.
According to the company, NGK Ceramics Polska will have large-scale PV installation with a total capacity of 15.1 MW, with an annual output of 15,240 MWh.
Similarly, NGK Ceramics Thailand will be installing large-scale PV with a total capacity of 4.25 MW on the rooftops, which is likely to produce an annual output of 5,560 MWh.
Issuing a statement, the Group shared that it is considering switching all energy consumed by overseas manufacturing sites to renewable energy by fiscal 2025.
Besides installation of PVs, acquiring Renewable Energy Certificates and introducing carbon-neutral city gas, the Group is also launching other initiatives. It also includes additional installation of PV and the effective use of renewable energy through storage using NAS batteries.
NGK informed that it will advance various initiatives in regions around the world to achieve net zero CO2 emissions by 2050.
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