Project
Challenges
Formosa Textiles funded the development of an Energy and Carbon Reduction Plan for the Textiles and Apparel factory were annual energy costs were at US$2M.
Goals & Objectives
The primary objective was to develop an Energy and Carbon Reduction Plan for the Textiles and Apparel factory with a target electricity and coal reduction goal of 25%. The Energy and Carbon Reduction Plan will develop an Energy Model of the “As Is” and “To Be” condition and address Quick Win (Capital <$50,000), Short Term (less than 2 year paybacks) and Longer Term (2 year longer paybacks) energy saving interventions.
Solutions
Service provided
Electricity Metering
Energy Efficiency
Energy Management
Energy Management Software & IT Energy Modelling
Techno-Economic Modelling to establish the Business Case
Project Management
Measurement and Verification of Energy Saving
Results and Benefits
Financial Results
25% IRR
Capital Investment $4M
Annual Gross Savings $1.8M
2.5% COGS
Technologies applied
Boiler
Lighting
Material Movement
Compressed Air
Motors
Ventilation
Equipment Optimisation
Meter Technology
Online Electricity Dashboard
ESG Impact
20,500 ton CO2 savings

Project Location
lesotho