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Sustech Inc. (Headquarters: Minato-ku, Tokyo; Representatives: Yusuke Tanno, Yuichiro Iida; hereinafter "the Company") has entered into a Power Purchase Agreement (PPA) with Taipei Port Container Terminal Corporation (hereinafter "TPCT"), a company jointly owned by world-leading port logistics operators Evergreen Marine Corporation (Taiwan) Ltd., Wan Hai Lines Ltd., and YangMing Marine Transport Corporation. This agreement marks the commencement of our rooftop solar power generation project (hereinafter "this Project").From left: TPCT Chairman Huang Wen-Yao, Sustech CEO Yusuke TannoThis Project involves the installation of approximately 3.7MW of solar power generation capacity, utilizing the rooftops of TPCT's port logistics facilities located in Bali District, New Taipei City, Taiwan. The Company will develop, own, and optimally operate the solar power generation facilities using the AI solution system "ELIC," and will supply the generated renewable energy to TPCT on a long-term basis. This Project is the Company's first overseas project utilizing project finance and represents a significant milestone in promoting the development, financing, and operation of renewable energy projects overseas in an integrated manner. Furthermore, regarding power offtake, we have structured an optimal framework utilizing FIT (Feed-in Tariff) and CPPA (Corporate Power Purchase Agreement) to maximize revenue in addition to decarbonization.TPCT Port Logistics Facility at Taipei Port (Provided by TPCT)Through this Project, the Company will contribute to the expansion of renewable energy adoption and the decarbonization of port logistics facilities in Taiwan. Based on the knowledge gained from this Project, we will accelerate power supply in ports both domestically and internationally by deploying renewable energy supply models that utilize rooftops of port facilities. Moving forward, we will continue to support the development of renewable energy projects and the promotion of corporate GX (Green Transformation) through the power of "Renewable Energy x Technology" in the Asian region, including Taiwan, contributing to corporate decarbonization management and the realization of a sustainable society.Background of this ProjectTaiwan is promoting the expansion of renewable energy adoption towards achieving net-zero emissions by 2050. Consequently, interest in Corporate PPAs, where companies procure renewable energy long-term for their own decarbonization purposes, is increasing.TPCT is a port infrastructure operator that plays a crucial logistics role at Taipei Port, Taiwan's leading international commercial port. This Project is an initiative to advance decarbonization in the vital port logistics functions undertaken by TPCT and to contribute to the increased utilization of renewable energy by corporations.Overview of this ProjectItemDetailsNameTPCT Rooftop Solar Power Generation ProjectLocationBali District, New Taipei City, TaiwanCustomerTaipei Port Container Terminal Corporation (TPCT)EPC/O&M ProviderSanti Renewable Energy Co.,LtdGeneration CapacityApproximately 3.7MWProject SchemeCorporate PPAScheduled Start of Operation2029About TPCTTPCT (Taipei Port Container Terminal Corporation) is a port infrastructure operator that manages the container terminal at Taipei Port, one of the largest international commercial ports in northern Taiwan. With strengths in advanced automation technology and high-quality logistics services, it plays a vital role in supporting Taiwan's international logistics.TPCT is also actively working to improve energy efficiency and reduce environmental impact, promoting the realization of sustainable port operations. Through this Project, TPCT aims to further advance the utilization of renewable energy, balancing environmental impact reduction with the enhancement of port logistics functions.About ELIC"ELIC" is a next-generation energy management system developed by Sustech to overcome the challenges associated with the widespread adoption of renewable energy. Comprising cutting-edge technologies such as AI-powered management and operation of distributed power sources, accurate prediction of power generation and demand, optimal control of battery storage, reduction of grid load, and market trading of environmental value, "ELIC" enhances the performance of renewable energy and realizes a "zero outage" scenario.About Sustech Inc.Founded in 2021, Sustech Inc. operates under the management mission "Design the New Era of Energy." The company provides comprehensive solutions for achieving carbon neutrality, including the innovative distributed power operation platform "ELIC" and the decarbonization support platform "CARBONIX." Sustech aims to realize truly impactful green businesses by leveraging technology.