Xing Green Electronics Continues Collaboration with Nanya Technology and Formosa Plastics Group to Provide 400 Million kWh of Green Electricity over 10 Years

Reported about 1 year ago

Xing Green Electronics, a subsidiary of the US-China Silicon Crystal Group dedicated to green energy development, signed a renewable energy purchase agreement with Nanya Technology and its affiliate Formosa Plastics Group. Starting from the third quarter of 2024, Xing Green Electronics will supply green power to Nanya Technology and Formosa Plastics Group for a 10-year period, totaling 400 million kWh. Through this collaboration, the companies aim to reduce carbon emissions by approximately 197,000 tons, equivalent to the annual carbon sequestration of 511 Daan Forest Parks, further enhancing their international competitiveness by promoting the use of renewable energy.

Source: YAHOO

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