ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Inauguration Ceremony for Solar Power Generation Facility at Hitachi Astemo Bekasi, Indonesia



TOKYO, Oct 7, 2022 - (JCN Newswire) - PT Hitachi Astemo Bekasi Manufacturing, located in Bekasi, West Java, Republic of Indonesia, a group company of Hitachi Astemo, Ltd., held an inauguration ceremony for a roof-installed solar power generation facility today, October 7.

Solar panels on the roof of Hitachi Astemo Bekasi Manufacturing

To help the Hitachi Group achieve carbon neutrality in its business and production activities by fiscal 2030, Hitachi Astemo Bekasi has introduced an off-balance sheet, solar power generation scheme in which the company does not own the solar power generation equipment installed at the plant, and instead pays for the electricity it consumes based on the amount it generates.

In line with this scheme, the solar panels will start by generating 1,248 kW of electricity, and are expected to generate up to approx.1,600 MWh per year in 2022, aiming to reduce emissions by approx.1,200t-CO2 per year.

Hitachi Astemo contributes to the reduction of environmental impact through the use of renewable energy, the ongoing promotion of energy conservation, as well as through the expansion of its electrified products and other businesses.

Hitachi Astemo is committed to strengthening its business and delivering technological innovation through a strategic business portfolio, which consists of the Powertrain & Safety Systems business, Chassis business, Motorcycle business, Software business and Aftermarket business. Aiming for a better environment globally and growth around the pillars of "green," "digital," and "innovation," we will deliver highly efficient internal combustion engine systems; electric systems that reduce emissions; autonomous driving for improved safety and comfort; advanced driver assistance systems; and advanced chassis systems. Through such advanced mobility solutions, we will contribute to realizing a sustainable society and provide enhanced corporate value for our customers.

For more information, please visit the Hitachi Astemo website: www.hitachiastemo.com/en/.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.