Air Products has signed up to procure solar power for its local operations in Taiwan
Tatung Energy Forever will supply its clean energy for a period of 10 years, starting from Q4 2024
Air Products said the PPA will bring down its emissions and help its industrial customers achieve their sustainability goals
US-based industrial gas company Air Products will procure solar power for its local presence Air Products San Fu in Taiwan. The ‘1st’ industrial gases company in Taiwan, Air Products San Fu has entered a 10-year power purchase agreement with Tatung Forever Energy, a subsidiary of local conglomerate Tatung Company.
Through this power purchase agreement (PPA), Air Products will source a portion of its energy consumption for industrial gases production in Taiwan where it supplies industrial gases to companies in the semiconductor and TFT-LCD space.
According to the industrial gases supplier, it operates more than 60 production facilities serving diverse markets in Taiwan, including metal fabrication, glass, electronics, semiconductors, flat panel displays, and petrochemicals.
The Tatung PPA will enable the offtaker to avoid carbon emissions, equivalent to the electricity-related emissions from more than 80,000 households in the country over the course of 10 years. The PPA will come into effect from Q4 2024 onwards.
“This strategic agreement will enable us to reduce our environmental footprint and help customers in various sectors achieve their sustainability goals," said the President of Air Products San Fu, Paul Yang.