Potential offtaker

Fuji Electric Co., Ltd.

www.fujielectric.com

Estimated electricity consumption

N/A

Countries of production presence

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Fuji Electric Co Ltd is a Japanese company that operates in the Electrical Power Equipment sector. The company was founded in 1923 and has since then become a leading manufacturer of electrical equipment and systems. Fuji Electric has a global presence with operations in Asia, Europe, and the Americas. The company's mission is to contribute to society through the development of innovative and sustainable technologies.

As the world shifts towards decarbonisation, Fuji Electric has recognised the need to transition towards renewable energy sources. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030. To achieve this target, Fuji Electric is focusing on developing and promoting renewable energy technologies such as wind, solar, and hydro power. The company is also investing in energy-efficient products and solutions to reduce the energy consumption of its customers.

Fuji Electric has a strong commitment to corporate energy management. The company has implemented various measures to improve the energy efficiency of its operations, including the installation of energy-efficient equipment and the use of renewable energy sources. Fuji Electric has also established an energy management system to monitor and control its energy consumption and greenhouse gas emissions. The company has set a target to reduce its energy consumption by 1% annually.

In addition to its own energy management, Fuji Electric is also offering corporate power purchase agreements (PPAs) to its customers. Corporate PPAs allow companies to purchase renewable energy directly from a generator, providing them with a stable and predictable source of energy. Fuji Electric has partnered with renewable energy developers to offer corporate PPAs for wind and solar power. The company is also exploring the potential for other renewable energy sources such as geothermal and biomass.

Fuji Electric's commitment to renewable energy is reflected in its product offerings. The company offers a range of renewable energy products including wind turbines, solar inverters, and hydroelectric generators. Fuji Electric's wind turbines are designed for both onshore and offshore applications and are capable of generating up to 7.5 MW of power. The company's solar inverters are highly efficient and can be used in a variety of applications including residential, commercial, and utility-scale projects. Fuji Electric's hydroelectric generators are designed for both small and large-scale applications and can be used in a variety of settings including dams, rivers, and canals.

Fuji Electric is also involved in research and development of new renewable energy technologies. The company is working on the development of next-generation wind turbines that are more efficient and can generate more power. Fuji Electric is also exploring the potential for energy storage technologies such as batteries and hydrogen fuel cells. The company is committed to developing innovative technologies that will help to accelerate the transition towards a low-carbon economy.

In conclusion, Fuji Electric Co Ltd is a leading manufacturer of electrical equipment and systems that is committed to decarbonisation and renewable energy. The company has set ambitious targets to reduce its greenhouse gas emissions and energy consumption, and is investing in renewable energy technologies such as wind, solar, and hydro power. Fuji Electric is also offering corporate PPAs to its customers, providing them with a stable and predictable source of renewable energy. The company's commitment to renewable energy is reflected in its product offerings and research and development activities. Fuji Electric is well positioned to play a leading role in the transition towards a low-carbon economy.

✓ Declared Net Zero commitment