Azbil Production (Thailand) Co., Ltd., a manufacturing subsidiary of Azbil Corporation, has signed a Power Purchase Agreement (PPA) with a joint venture company financed by Fuyo General Lease Co., Ltd. Under the signed PPA service, SSGT will install nearly 624kW of solar power generation equipment on Azbil Production Thailand’s factory roof, allowing Azbil Production Thailand to leverage renewable energy generated from solar power in its operations, while paying energy bills based on electricity amounts to SSGT. This means that 10% of the electricity used in the relevant factory building will be provided by renewable energy sources.
