FENC has been investing heavily in renewable energy, building a wide array of power generation facilities and purchasing renewable electricity to phase up the use of renewable electricity each year. The total renewable electricity use in 2023 is approximately 180 GWh, accounting for approximately 11.1% of the total electricity consumption. The target is to reach 20% by 2025.

Percentage and Target of Renewable Electricity Usage

Installation of Renewable Energy Facilities

“Develop renewable energy” is one of the five major strategies propelling FENC forward along its march towards net zero. The Company has been intent on investing in and installing a broad mix of renewable energy facilities. Solar, biogas and wind power generators will be installed in Taiwan, mainland China, Vietnam, Japan and the U.S. FENC is supporting renewable energy use and GHG reduction with actions while minimizing environmental impacts from its production activities.

Since 2016, FENC has been installing solar power stations at its production sites in mainland China. In 2023, a total of 18,850 MWh of solar power was generated at FENC sites in Taiwan, mainland China and Vietnam, of which 97% was consumed by FENC and a total of 9,728 tCO₂e GHG emissions were avoided. Additional solar facilities will be added at all production sites, bringing the projected installed capacity FENC-wide to 111 MW in 2025, a soaring 500% growth from 2023 that would generate 140 GWh of power annually.

Renewable Energy Generation and Installed Capacity

Procurement of Renewable Electricity

FENC has been purchasing green power since 2015. In 2023, eight FENC production sites in Taiwan, mainland China and Japan purchased 160 GWh of renewable electricity and avoided 81,103 tCO₂e of GHG emissions. FENC plans to purchase a minimum of 100 GWh of renewable electricity per year in the future to further reduce energy indirect GHG emissions.

Purchased Renewable Electricity

Unit: MWh