Namiki Precision (Thailand) Co., Ltd. And Constant Energy / Shizen Energy Execute A Corporate PPA For A Corporate Solar PV Rooftop In Thailand

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Constant Energy and its Japanese partner, Shizen Energy, are pleased to announce they have executed a long-term Power Purchase Agreement on a corporate solar PV rooftop of total installation capacity of 1.3 MW with Namiki Precision (Thailand) Co., Ltd. a leading company on producing and providing Medical Devices, Fiber Optic Components, DC Micro Motor located in Northern Region Industrial Estate, Lamphun province. The project is expected to start operation in the third quarter of this year.

Due to limited factory access during the COVID-19 pandemic situation in Thailand, the e-signing ceremony was held to celebrate a new partnership with a Japanese leading company, Namiki Precision (Thailand) Co., Ltd. via Zoom meeting. The participants across Thailand and Japan have joined the ceremony to witness this partnership.

Franck Constant, Founder, and CEO of Constant Energy stated “We are very pleased and honoured to establish a long-term partnership and work with Namiki Precision (Thailand) Co., Ltd.a leading company for manufacturing producing high-quality medical devices, fiber optic components, and DC micro motor. We are especially appreciative of the vision of Namiki on environment conservation. We are appreciated that Namiki found that Constant Energy has been rapid to implement Namiki’s site as a priority. The project is expected to COD in the third quarter of this year. We look forward to supporting Namiki on a combined reduction of electricity cost and GHG emissions.”

Koga Hiroki, Head of International Business Department of Shizen Energy, mentioned “We are very pleased to execute this PPA with Namiki Precision (Thailand) Co., Ltd. Despite the travel restrictions by Covid, we highly appreciated the understanding of Namiki Precision (Thailand) Co., Ltd. to have this E-ceremony and are pleased to mark this as the first step of a long-term relationship. Together with Constant Energy, we would like to actively contribute to the environmental vision of Namiki Precision.”

Kenji Yamauchi, Chief Operating Officer and Director of Namiki Precision added “We, Namiki, have a very high concept of how to be responsible for the environment. Through this corporate PPA, we are very happy to contribute CO2 reduction to the country. We highly appreciated that Constant Energy provided such kind of proposal. And we are looking forward to the further implementation and operation of the asset. This solar installation is totally aligned with our concept.”

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