Hitachi Cash, Hitachi Asia, and SANTEC Start off Collaboration to Travel Solar Electricity Era Business enterprise in Thailand

TOKYO, Dec 28, 2020 – (JCN Newswire) – Hitachi Capital (Thailand) Co., Ltd., a subsidiary of Hitachi Money Company, Hitachi Asia (Thailand) Co., Ltd., a subsidiary of Hitachi, Ltd., and SANTEC Ability Methods CO.,LTD. entered into Memorandum of Being familiar with (MOU).

3 businesses will motivate set up of the professional photo voltaic self-intake devices within just Hitachi Group in Kingdom of Thailand (Thailand), based on MOU. As the 1st move of a few companies’ collaboration, it is planned to install the photo voltaic self-consumption gear on Gateway manufacturing facility roof (Chachoengsao, Thailand) of Hitachi Automotive Methods Asia, Ltd., and will start its electric power technology from the close of March 2021. Moreover, it will develop its business to Japanese and nearby businesses in Thailand in the medium to extended time period.

In new years, in gentle of the escalating world climate alter trouble, there is a escalating movement towards practically zero greenhouse-fuel emissions in order to comprehend a decarbonization modern society. In Thailand, the energy progress system aims 33% of renewables share in the complete electricity era ability in 2037. On the other hand, the wants of lowering carbon dioxide (CO2) emissions in business things to do by self-consuming renewable vitality these as solar power technology are increasing.

With this collaboration, HCT, Hitachi Asia (Thailand) and SANTEC will pursue installation of photo voltaic self-consumption equipment within Hitachi Team in Thailand. The client is able to install renewable vitality without its first expenditure and will make payment in accordance to the photo voltaic electric power era volume. All those 3 organizations purpose to attain 10MW of electricity generation capacity by 2023.

HCT, as a energy producer, will enter into Electricity Buy Arrangement (PPA) with a customer, and put in photo voltaic self-intake devices including panels on the roof of industrial office or manufacturing facility, as properly as offer all electric powers created.

Hitachi Asia (Thailand), as a job chief, will acquire the direct in task management and source the Advance Solar String Inverter and Energy Administration Technique, so as to achieve the objective of a good, sustainable society run by environmentally friendly electrical power.

SANTEC provides one particular halt providers – layout, procurement, design and upkeep, as a building and upkeep contractor. SANTEC is a subsidiary of SANKO Team which has a significant track document of solar energy and industrial plant enterprise internationally. SANTEC will deliver trouble-free of charge and large good quality construction and routine maintenance by earning use of its group’s knowledge and practical experience.

Hitachi Capital Team has been developing and working its solar and wind powers, as very well as, putting in the photo voltaic self-intake products at a organization aiming to decarbonize with PPA, in Japan. This is the first time for Hitachi Money Team to enter the solar self-usage remedies in abroad. Getting this option in Thailand, Hitachi Cash Group will accelerate its photo voltaic self-consumption options globally and contribute to constructing decarbonization culture.
Hitachi Asia (Thailand)’s position is to produce and develop Hitachi group’s enterprise in Thailand. Solar Ability Era will be a component of its remedies to increase our social innovation business enterprise.
SANTEC has been supplying its solar power options due to the fact 2018, and, will add to the modern society as a member of this collaboration in Thailand exactly where is expected to be ever more developed renewable electrical power small business transferring forward.

HCT, Hitachi Asia (Thailand) and SANTEC will add to resolving customers’ situation as a result of pursuing the solar self-intake options and realizing the decarbonization modern society in Thailand by increasing this organization to all about the country.

About Hitachi Funds Team

Hitachi Funds Group globally aims at both equally fixing social concerns and its ongoing development based on SDGs, as “Social Values Building Corporation”. In its “FY2019-FY2021 Mid-Time period Management Plan”, Hitachi Cash Team positions “Environment/Vitality”, “Mobility”, “Lifetime” and “Gross sales Finance” as a essential small business, and pursue its enhancement of new corporations to fix troubles faced by businesses and regional communities though evolving into the new values which are improvement of collaboration with partners, shift to companies and commercialization, as very well as, their merged small business past finance area. Please accessibility Hitachi Capital and HCT web site for the particulars.

https://www.hitachi-cash.co.jp/hcc/english/index.html
http://www.hitachi-money.co.th/

About Hitachi Asia (Thailand) Co., Ltd.

Integrated in 1992, Hitachi Asia (Thailand) Co., Ltd. gives professional remedies in conference the wants of clients in Thailand, Laos and Cambodia. Hitachi Asia (Thailand) is focusing on the enterprise areas of Intelligent Cities, Good Production and Sensible General public Solutions, with the intention of contributing to the local community as a responsible company citizen.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Organization that brings together information technology (IT), operational technologies (OT) and solutions. The company’s consolidated revenues for fiscal yr 2019 (ended March 31, 2020) totaled 8,767.2 billion yen ($80.4 billion), and it employed roughly 301,000 men and women globally. Hitachi drives digital innovation across five sectors – Mobility, Smart Everyday living, Industry, Power and IT – by Lumada, Hitachi’s superior digital remedies, solutions, and technologies for turning info into insights to push electronic innovation. Its purpose is to supply alternatives that improve social, environmental and financial price for its consumers. For additional information and facts on Hitachi, make sure you take a look at the company’s website at https://www.hitachi.com.

About SANTEC Electric power Solutions CO., LTD

SANTEC is a joint enterprise of SANKO CONTROLS CO., LTD., SANKO INDUSTRIAL Solutions CO., LTD., and Hitachi Energy Solutions Co., Ltd. SANTEC has been featuring providers of electrical power/instrumentation/regulate tools and building of solar electricity technology with the specialized guidance from Sanko Group and Hitachi Power Alternatives. SANTEC will continuously go after its enterprise aiming at harmony of its high quality, setting and safety.

Supply: Hitachi, Ltd.

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