Manufacturing requires an enormous amount of electricity in comparison to powering offices. In some countries or regions where the supply of renewable
electricity is limited, like Japan, Taiwan, and Singapore, it is much more expensive than electricity produced by traditional means, placing a significant future cost burden on companies that purchase renewable electricity.
Epson’s transition to 100% renewable energy sets a benchmark for Japan’s manufacturing sector, driving industry-wide transformation across the region. In the Philippines, the company relies on local geothermal and hydroelectric sources as its renewable source of energy. Epson’s subsidiary in Indonesia drives its renewable energy transition by capitalizing on the local palm industry, using palm kernel shells as a sustainable biomass energy source derived from the region’s abundant palm trees. In Japan’s Tohoku region, Epson taps on local hydropower from Tohoku Electric Power Co. to supply its semiconductor fabrication plant in Sakata.
This shift has motivated other companies in the Nagano region to embrace renewable energy, accelerating broader growth in the manufacturing industry. Epson has also announced the construction of its first Biomass Power Plant in Nagano, which will utilize unused wood from the Minami Shinshu area, further solidifying its commitment to sustainable energy solutions.Epson has set an ambitious goal to become carbon negative and eliminate the use of underground resources by 2050.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Paving the Way for a Sustainable Future with Innovative Water and Energy StrategiesAs cities grow and urban life accelerates, balancing progress with environmental sustainability can feel daunting. But what if the solutions are closer and simpler than we think? Amid rapid urbanization, practical and inspiring answers are already taking shape—bridging the gap between development and sustainability, offering hope for a resilient future. At the recent Manila Bulletin Sustainability Forum 2024, SM Investments Corporation (SMIC), a leader in sustainability since the 1990s, highlighted its efforts to harmonize urban growth with environmental care. Its sustainability journey began with a simple yet profound question: as they expanded, were they truly accountable for the impact? This reflection led to the company’s first step in environmental stewardship—sewage treatment.
Read more »
Manufacturing PMI hits 29-mo highPHILIPPINE manufacturing activity continued to improve in November as manufacturers boosted production in anticipation of stronger sales, S&P Global said on Monday.
Read more »
Unlocking next-gen manufacturing capabilities through mobile private networks, powered by Smart, PLDT Enterprise, and EricssonSmart Communications, Inc. (Smart), the wireless subsidiary of PLDT, and PLDT Enterprise, the corporate arm of PLDT, have announced a new strategic
Read more »
Tolentino presses more license plate manufacturing plantsCEBU CITY – Sen. Francis N. Tolentino has suggested the construction of more manufacturing plants to address the license plate backlog.
Read more »
Manufacturing output contracts anew in OctFACTORY output, both in terms of volume and in value, contracted anew in October, the Philippine Statistics Authority (PSA) reported on Friday.
Read more »
PH manufacturing volume declined 1.8% in OctoberThe manufacturing sector contracted 1.8 percent in October 2024, the Philippine Statistics Authority (PSA) said Friday. This was slower than the 5 percent
Read more »