PT Ineco Solar Solutions (Inecosolar), a subsidiary of Yinson Renewables, and Lazada Indonesia through its business unit Lazada Logistics, have signed an agreement to design, construct, install, operate and maintain a 396kWp solar panel project at Lazada’s largest logistics facility located in Cimanggis, Depok, West Java. The signing ceremony took place at Pullman Jakarta Indonesia.
The solar panels are designed to generate more than 555MWh per year, with an estimated 400 tonnes of carbon emissions avoided. The panels aim to meet approximately 13% of Lazada’s Cimanggis warehouse electricity needs, bringing about a positive impact on the environmental footprint.
Inecosolar Managing Director Mr Benoît Prim, shared his excitement for the collaboration with Lazada, saying, “This is a significant achievement for Inecosolar as we offer energy as a service to one of the leading e-commerce platforms in the region. As one of the leading all-in-one energy-as-a-service (EaaS) providers in the country, our goal is to provide Lazada with a comprehensive package that offers the full financing, construction, operation and maintenance, without any upfront cost.”
Lazada Indonesia Chief Logistics Officer Mr. Philippe Auberger said, “Our strong commitment to building a sustainable business and creating a positive impact refers to the principles of Environment, Social and Governance (ESG). We hope that our various steps and efforts, including the use of renewable energy by installing solar panels, can contribute to reducing environmental impacts and creating a ‘greener’ Indonesian environment.”
“Installation of solar panels is one of the initiatives to support sustainability efforts at Lazada. The installation of solar panels at Lazada’s largest logistics facility is projected to reduce up to 400 tonnes of carbon emissions per year. This solar panel installation initiative is also being carried out to support the achievement of the Indonesian government’s new renewable energy (EBT) mix target of 23% by 2025,” he added.
EaaS is a model that allows customers to access clean and reliable energy minus any upfront capital investment. Inecosolar as an EaaS provider offers turn-key solar panel solutions for commercial and industrial customers in Indonesia. Inecosolar handles everything from the development and financing to building and operating solar panels, with the ultimate goal of helping customers lower both electricity costs and CO2 emissions.