Announced details
Electricity supply at the Malaysia site, use of renewable energy, and CO₂ emissions reduction
Expected to reduce annual CO₂ emissions by approximately 6,900 t-CO₂. Annual power generation is equivalent to several percent of NEGM’s electricity consumption.
A wholly owned subsidiary of Nippon Electric Glass Co.,Ltd.
Located in Selangor, Malaysia. Established in 1991, it is a group company wholly owned by Nippon Electric Glass Co.,Ltd. Its main product is glass fiber, and it is also a major production site for medical tubing glass. The president is Hamashima Ken (濵島 健).
Rooftop of the building of Nippon Electric Glass (Malaysia) Sdn. Bhd. (Selangor, Malaysia)
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Solar Power Generation Equipment |
| Counterparty | Nippon Electric Glass (Malaysia) Sdn. Bhd. |
| Counterparty overview | Located in Selangor, Malaysia. Established in 1991, it is a group company wholly owned by Nippon Electric Glass Co.,Ltd. Its main product is glass fiber, and it is also a major production site for medical tubing glass. The president is Hamashima Ken (濵島 健). |
| Relationship with the Company | A wholly owned subsidiary of Nippon Electric Glass Co.,Ltd. |
| Contract Date | July 2024 (VPPA concluded; the contract date for the solar power generation facility is Not disclosed) |
| Launch date | Began operations on 17 March 2026 (the overview states that power generation began in March 2026) |
| Applicable area | Electricity supply at the Malaysia site, use of renewable energy, and CO₂ emissions reduction |
| Location | Rooftop of the building of Nippon Electric Glass (Malaysia) Sdn. Bhd. (Selangor, Malaysia) |
| Quantitative Effects | Expected to reduce annual CO₂ emissions by approximately 6,900 t-CO₂. Annual power generation is equivalent to several percent of NEGM’s electricity consumption. |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To reduce CO₂ emissions at sites in Japan and overseas in pursuit of carbon neutrality by 2050. This further advances the VPPA (virtual power purchase agreement) initiative concluded in July 2024.