3,060 state-of-the-art solar panels to be installed on rooftop of Mondelēz Thailand plant

BANGKOK, THAILAND & HONG KONG SAR - Media OutReach - 22 April 2021 – The leading solar photovoltaic developer and investor in carbon neutrality solutions, NEFIN Group, and leading global snacking company, Mondelez International, signed a Power Purchase Agreement today to kick-off a meaningful partnership allowing the over 7000 sq.m. Mondelēz manufacturing facility in Thailand to embrace clean energy.

Left: Jirapong Jaroensri, Plant Manager, Mondelēz International (Thailand) Co., Ltd.

Right: Glenn Lim, CEO of NEFIN Group


NEFIN Group is commissioned to design and build a total of 3,060 solar panels with a full capacity to generate 1,346.4 kWp. It is estimated that system can produce an annual solar energy output of 1,988,741 kWh, equivalent to 1,566 tons CO2 offset per annum.


"We choose the Earth Day to announce this partnership as it helps convey a deeper meaning than just a PPA project for NEFIN," said Glenn Lim, CEO of NEFIN Group. "We believe all corporates, large and small, should play a key part in combating climate change and embracing sustainability. By announcing the kick-off of this project today, we wish to engage with more decision-makers and stakeholders who want to make a positive change for the environment and for their businesses in the long-run."


Mondelēz International has an on-going commitment to lead the future of snacking by making snacks the right way to deliver positive impact to the world and the communities where its business operates.  As part of the company's mission, Mondelēz International focuses its purpose-driven strategy on well-being and sustainability, including reducing environmental impact.  The company has established clear sustainability goals and measurable environmental targets.  As a result, it had delivered all of its 2020 environmental reduction goals on CO2, water and waste.  Mondelēz International continues to invest more in energy efficient technologies, improving energy management and promoting sustainability in its manufacturing facilities across the globe.


Jirapong Jaroensri, Plant Manager, Mondelēz International (Thailand) Co., Ltd., said, "At our Lad Krabang Plant, we have started our journey towards renewable energy since 2016, including purchasing the electrical from low CO2 emission sources and installing plate heat exchangers (PHE) to produce hot water and reuse it at our Cooling Tower. Today, we are very excited to announce a new milestone step together with a leading solar developer and investor like NEFIN Group. This partnership marks a new progress towards achieving our goals to create sustainable future for snacking and reduce end to end absolute CO2 emissions by 10% by 2025 versus 2018 baseline."


With a strong base and solid track record in Asia, NEFIN has completed projects that altogether have already generated 77,766 MWh, which is equivalent to have planted 775,748 trees for the environment, or offsetting 185,907,287 kilometers' CO2 emission by driving a car. "This partnership kick-off is important to NEFIN Group as it continues to expand its footprint into the Thailand market. We hope this is the first step of a long-term partnership between Mondelēz and NEFIN. Together, we believe we can achieve more for sustainability than us divided," commented Bor Hung Chong, Head of Business Development of NEFIN Group.


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