Technoform Asia Pacific has partnered with NEFIN Group to advance their sustainability objectives through a 23-year solar power purchase agreement (PPA) in Hong Kong. By embracing renewable energy sources, it not only underscores their dedication to energy efficiency and commitment to setting a precedent in energy transition, but also amplifies their efforts in environmental protection.
Andrew Li, Managing Director of NEFIN HK, expressed: “NEFIN is grateful for the opportunity to partner with Technoform to advance Technoform’s Science Based Targets Initiative (SBTI) driven sustainability objectives. As we launch the two companies’ long-term partnership, we eagerly anticipate the successful completion of our first renewable energy project, and future regional collaborations.”
This renewable energy venture is anticipated to generate an estimated 1,528,400 kWh of clean electricity annually with an installed capacity of 1.3MW. This project will support the environment by offsetting approximately 840 tonnes of CO2 emissions, equivalent to powering 465 homes, and planting of 14,000 trees yearly.
Technoform is a market leader in high-precision engineering plastic profiles across multiple industries. In the building industry, their core solutions of thermal insulation profiles for windows, doors and facades, and glass edge bond technology help optimize building energy efficiency and considerably reduce carbon emissions.
