In recent years, we have seen rising activities carried out in the various walks of life worldwide, aiming for a sustainable society. A growing number of countries globally have announced their carbon-neutrality target, with the overwhelming majority of them pledging to achieve the goal by 2050. Renewable energies are gaining momentum in response to the widespread awareness and directive towards carbon-neutrality worldwide, along with the accelerated transition of the energy mix and growing demands for more effective utilization of resources. This means optimized energy mix with greater efficiency is of paramount importance. The United Nations has also acknowledged renewable energy investments as one of the key affordable technologies to reach net zero. Clenergy Smart Solar + Digital Energy Management solution (EMS) was launched at the right moment, contributing to lower carbon emissions with higher energy efficiency. The solution is applicable for various scenarios based on a 25-year power purchase agreement (PPA), ranging from government institutions, public utilities, industrial parks to enterprises. This new avenue of real estate for solar coupled with digital cloud based management solutions delivers on multiple social and economic benefits. How does it work? Primarily, the solar PV system helps optimize the energy mix, with less dependence on traditional polluting energy sources. This, in turn, will significantly reduce the amount of emission of CO₂ while producing greener electricity at a lower rate. On the other hand, the Energy Management System that operates based on SCADA, IoT, big data, and an AI algorithm is a visual, customisible, with remote access cutting edge piece of technology which reduces the energy consumption while increasing efficiencies, with a dramatic reduction in operational costs. The Clenergy Smart Solar + Digital Energy Management solution has been chosen for many enterprises across China, enabling them to manage factories and driving towards a zero CO₂ emission threshold during operations. We are glad to announce that another 3.4MW distributed rooftop project using this service has commenced operation. The project was installed on the factory buildings of Panasonic Electronic Devices (Jiangmen) Co., Ltd. (PEDJM), situated in Jiangmen city in Guangdong province, China, covering a total area of 25,000 square meters. Based on its high energy demands, Clenergy provided an optimum solar power generating solution, which is projected to perform with a steady production capacity for the next 25 years. Clenergy (Xiamen) Energy Engineering Co., Ltd., a subsidiary of Clenergy, delivers turnkey engineering services, including the investigation, design, construction, operation, and maintenance throughout the project. This project is expected to generate approximately 77.50 million kWh in the next 25 years, with the amount of CO₂ emissions falling by 77,268 tons. Daniel Hong, CEO at Clenergy, stated: “Many enterprises are accelerating their efforts to achieve the net-zero goal. To zero out the CO₂ emissions is a long-term, arduous task that requires ambitious actions and continuous efforts across the globe. We are glad to work with PEDJM on this impressive project, providing them with eco-friendly, economical, and steady green- electricity at a lower cost. We hope that more companies view this opportunity to align themselves with doing the right thing for our planet, convert their roofs to solar production facilities and commitment towards a Zero CO₂ future.” Being one of the world’s leading renewable energy solution providers, Clenergy has been carrying forward a wide variety of environmental activities for a better planet. We will remain dedicated to global energy transformation for a carbon-neutral world through more advanced and cost-effective technologies. About Clenergy (Xiamen) Energy Engineering Co., Ltd. As a leading EPC company in China, Clenergy (Xiamen) Energy Engineering Co., Ltd is led by a group of prominent personnel, with extensive experience in global solar projects. As of 2021, this subsidiary has completed more than 175 first-class solar plants, with an accumulative installation capacity of over 1GW. About Panasonic Electronic Devices (Jiangmen) Co., Ltd. (PEDJM) Panasonic Electronic Devices (Jiangmen) Co., Ltd. (PEDJM) was established on 10 July 1995, which is 100% owned by the Panasonic Corporation of China. PEDJM is mainly engaged in the production of capacitors for vehicles and machines.

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