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Casio (Thailand) Co., Ltd. Advances Sustainability Efforts in Partnership with Marubeni Green Power for Solar System

On 28 June 2024, Casio (Thailand) Co., Ltd., signed a Private Power Purchase Agreement (Private PPA) with Marubeni Green Power for a solar rooftop project with a capacity of 999.18 kWp. This represents a significant milestone in adopting sustainable energy solutions. The solar rooftop will be installed on the factory roof of Casio (Thailand) Co., Ltd. located in Chok Chai District, Nakhon Ratchasima.

Casio (Thailand) Co., Ltd. is part of the global Casio Group, well-known for its innovative timepieces and calculators. The company is especially famous for its G-SHOCK brand, known for its durability and advanced technology.

With the Private PPA scheme, Casio will not incur any initial investment for the solar system. Marubeni Green Power will manage the installation, maintenance, and operation throughout the contract term. It allows Casio to secure great benefit from clean energy without CAPEX and OPEX.

The solar installation is expected to significantly reduce energy costs and greenhouse gas emissions. It’s estimated to reduce CO2 emissions by approximately 618 metric tons per year This reduction is comparable to the yearly emissions of around 134 passenger vehicles, according to average vehicle emissions data from the U.S. Environmental Protection Agency (U.S. EPA).

Person: from left to right.

Mr. Ryohei Saito – General Manager, Quality Engineering, Casio (Thailand)
Mr. Nobuyuki Satoh – General Manager, Quality Engineering, Casio (Thailand)
Mr. Takahiro Suzuki – Managing Director, Casio (Thailand)
Mr. Akio Uchida – President & CEO, Marubeni Green Power Asset (Thailand)
Ms. Saki Omuro, Business Development – General Manager, Marubeni Green Power Asset (Thailand)
Mr. Amnat Sriubon – Manager, Factory Utility & ISO & Safety Section, Casio (Thailand)

Marubeni owns stakes in power projects across 19 countries
(including Japan) for a total net capacity of about 12GW. Based
on the knowledge and experience gained from these projects,
Marubeni will strengthen and expand its efforts in the field of
power service business by expanding its decentralized power
generation business, and contribute to the achievement of net
zero emissions of GHG by 2050 and the realization of low-carbon
and decarbonization through each project.

Ministry of the Environment, Japan, has been implementing the “JCM Model Projects,” which provides financial support covering up to half of the initial investment
costs. The purpose of this model project is to financially support the implementation of projects which reduce GHG emissions by utilizing leading decarbonizing
technologies in developing countries, and in return, to acquire JCM credits for achieving Japan’s GHG emission reductions and the partner countries emission
reduction targets.

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