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Delta Advances Towards RE100 by Signing Power Purchase Agreement (PPA) with TCC Green Energy Corporation

Delta, a global leader in power and thermal management solutions, today announced the signing of its first ever power purchase agreement (PPA) with TCC Green Energy Corporation for the procurement of approximately 19 million kWh of green electricity annually, a step that contributes to its RE100 commitment to reach 100% utilization of renewable energy as well as carbon neutrality in its global operations by 2030. TCC Green Energy, which currently has the largest renewable energy available transfer capacity in Taiwan, will supply the green electricity to Delta from TCC’s 7.2MW wind turbine infrastructure. With the aforementioned PPA and its status as the only RE100 member in Taiwan with a cutting-edge solar PV inverter as well as wind power converter product portfolio, Delta further cements its dedication to the development of renewable energy worldwide.

Mr. Ping Cheng, Delta’s chief executive officer, said, “We thank TCC Green Energy Corporation not only for providing us with those 19 million kWh of green energy annually from now on, but also for adopting Delta’s solutions and services in their numerous renewable energy power plants. Cumulatively, this proposal is expected to reduce over 193,000 tons of carbon emissions*, which is equivalent to building 502 Daan Forest Parks (the largest park in Taipei City), and corresponds with Delta’s corporate mission “To provide innovative, clean and energy-efficient solutions for a better tomorrow”. Going forward, this PPA model may be replicated to other Delta sites worldwide for our RE100 goal. Delta has always been committed to environmental protection and actively engages in global environmental initiatives. After passing the Science- based Targets (SBT) in 2017, Delta aims to achieve a 56.6% decrease in its carbon intensity by 2025. By continuously executing three major relevant actions, including voluntary energy conservation, in-house solar power generation, and the purchase of renewable energy, Delta has already reduced its carbon intensity by over 55% in 2020. Furthermore, the Company has also far surpassed its annual goals for three consecutive years, and our global operations’ use of renewable energy has reached approximately 45.7%. These experiences have contributed significantly to our RE100 goal.”

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