ESG

Phase 1 of Apex Solar Project was completed with the expected annual carbon emissions reduction to exceed 2,100 tons from 2023.
2022.11.25
Apex GREEN Project ESG

Issuer:Apex International Co., Ltd.

Issuance date:25 Nov 2022


"Apex Solar Project" completed the construction of the first part of phase 1 in November. From 2023, the total nameplate capacity of the Apex solar system would exceed 2,700kW and is expected to reduce annual carbon emissions by more than 2,100 tons.


Apex Solar Project flexibly utilizes existing buildings to build up the solar system on the rooftops of the factory’s building. In the second half of 2022, Apex adjusted the project to expand the scope of the installation of solar panels to the whole area of the Apex factory. Phase 1 of the project has already started in December 2021 and is expected to be completed in 2024 in three parts. After the completion of Phase 1, in 2025, the estimated total nameplate capacity of Apex’s solar system is expected to exceed 11,300kW, which is expected to reduce the annual carbon emissions reduction of more than 8,500 tons. Phase 2 of the program is planned to be started in 2025 and is expected to be completed in 2027. At that time, the total nameplate capacity of Apex’s solar system is expected to exceed 20,600kW, which is expected to reduce the annual carbon emissions of more than 15,000 tons.


For corporate sustainability and facing global carbon emissions reduction, Apex is actively planning alternative energy and energy-saving solutions. In addition to continuously investing in the construction of renewable energy systems, Apex’s new building design will also take solar power generation systems and energy-saving design into consideration in the future. With the advantage of Thailand’s annual average sunshine of about 200 days, Apex Solar Project is expected to provide renewable energy and assist Apex to reduce carbon emissions. With the expansion of Apex's solar system, Apex will continue to move towards the goal of resource sustainability and environmental protection.


【About Apex Solar Project】

Facing the global climate change and carbon emissions reduction trends, Apex launched the "Apex GREEN Project" to strengthen our ESG development with three main topics, which are "Renewable Energy", "Wastewater Recycling", and "Improving Energy Efficiency". To develop the "Renewable Energy" of the Company, Apex Solar Project was born to increase the renewable energy replacement ratio and provide factory electricity demand in the future. The project has already started in December 2021 and is expected to be completed in 2027 in two phases. At that time, the nameplate capacity of the Apex solar system is expected to exceed 20,600kW, which is expected to reduce the annual carbon emissions of more than 15,000 tons.


Relevant information:

Video of Apex Solar Project








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