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Formosa Textiles, Lesotho

Energy and Carbon Reduction Plan

Location:

Status:

Sector:

lesotho

Textile and Apparel

Completed

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

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Contact us 
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of your project

Project Location

lesotho

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