GreenYellow, the market chief in Thailand and Vietnam to assist companies win the warfare towards electrical energy inflation and local weather change by masking each angle
The continued inflationary rise in vitality costs impacts all sectors, from households to trade which is positioned in an irreversible state of affairs of getting to lift costs and danger dropping enterprise or slicing off margins and dangers that might not be worthwhile.
The present excessive vitality costs are difficult companies to search out different options. Certain, governments can disrupt pricing mechanisms to guard customers and corporations from rising vitality prices, however such measures are prone to deepen issues in the long term.
On this period of rising authorities FT (gasoline tariff) prices for business and industrial companies, GreenYellow provides enticing photo voltaic vitality and vitality effectivity options. Zeroing in on the economic facet of the equation, GreenYellow helps giant electrical energy customers like factories chart a path to a sustainable future.
By the BOOT (construct, personal, function, switch) mannequin of GreenYellow, the enterprise doesn’t need to bear the burden of funding. GreenYellow’s one-stop vitality service resolution consists of financing, design, development, set up, operation and upkeep of photo voltaic cell programs and energy-intensive gear (reminiscent of cooling programs, lighting, air compressors) tailor-made to the wants. of shoppers, thereby saving clients’ funding and operation prices.
In keeping with the Bio-Round-Inexperienced Financial Mannequin (BCG) promoted by the Thai authorities, GreenYellow’s good 360° vitality optimization strategy reduces vitality consumption in shopper amenities by optimizing the usage of high-efficiency gear. As well as, GreenYellow invests in photo voltaic crops (roof, farm, floating, carport) for its clients and sells them inexperienced electrical energy at a less expensive price than the grid for a sure time period, after which the undertaking turns into an asset to the shopper. And all whereas providing a excessive stage of alignment with the corporate’s tradition, full management of operational processes and buildings, sharing information and insights, and offering companies with higher agility.
After finding out the shopper’s electrical energy consumption and conduct, GreenYellow designs every photo voltaic cell system to match the shoppers’ vitality consumption wants with a watch towards optimizing electrical energy value financial savings. Prospects can monitor their vitality consumption on a month-to-month foundation, to allow them to really see improved vitality consumption effectivity. The most effective vitality administration options translate into assured system efficiency that exhibits the distinction between forecast and precise vitality prices.
Because the photo voltaic vitality programs are 100% financed by GreenYellow, the corporate ensures that every set up achieves the most effective vitality saving efficiency. Fixed monitoring and upkeep by GreenYellow consultants ensures that the system operates in line with worldwide security requirements and that common upkeep is offered.
With over 5 years of expertise, the system has confirmed to be a positive fireplace success. Till the top of 2022, GreenYellow could have 120 shoppers in Asia, together with 60 in Thailand, with a complete put in capability of 340 MWp, of which Thailand accounts for 170 MWp. Amongst 324 websites in Asia, 177 websites in Thailand can save electrical energy prices for GreenYellow shoppers as much as THB 330 million per 12 months and cut back carbon dioxide emissions as much as 85,000 tons/12 months .
GreenYellow acquires photo voltaic farm in Vietnam
GreenYellow Vietnam lately accomplished the acquisition of the Vietnamese subsidiary of Qair, a French unbiased renewable vitality producer. That is along with its 70% stake in a 49.5 MWp photo voltaic farm working in Vietnam’s Binh Dinh province. The acquisition is GreenYellow’s first utility-scale photo voltaic asset in ASEAN, finishing C&I’s 280+ MWp present portfolio of personal PPAs. The acquisition permits GreenYellow to shift gears by way of scale and growth within the ASEAN area.
New shareholder – new views
GreenYellow by no means stops. Not too long ago, Ardian accomplished the acquisition of a 75% stake in GreenYellow by its infrastructure fund. The reinvestment of the corporate’s capital by the historic shareholders, Groupe On line casino, Tikehau and Bpifrance, exhibits their renewed confidence within the firm. Ardian’s entry as majority shareholder and the improved monetary capabilities it brings allow GreenYellow to additional develop its rising renewable property portfolio.
Going ahead, GreenYellow goals to double its footprint in Asia inside three years and targets to double the variety of initiatives in Thailand to 300 by 2025.