Santi Monster Electric Power, A Subsidiary of Santi Renewable Energy, Has Entered into A Green Power Contract with King's Town Bank

Santi Monster Electric Power, A Subsidiary of Santi Renewable Energy,
Has Entered into A Green Power Contract with King's Town Bank

2024.06.20

Santi Renewable Energy's subsidiary in renewable energy, Santi Monster Electric Power, actively participates in the green power sales market, with the goal of making green power more accessible to businesses and integrating it into our daily lives. Announced on the 20th that it had signed a solar power purchase and sale contract with King's Town Bank and supplying 240,000 kWh of green power to King's Town Bank in phases starting from July this year, helping it to move towards the goal of net-zero emissions.

King's Town Bank (2809) stated that in response to global net-zero emission goals, it plans not only to continue reducing its own energy consumption but also to install solar energy systems at its branches and procure green energy, increasing the proportion of renewable energy use year by year. The purchased green power will be prioritized for use in the Head Office building, while also considering and incorporating the potential use of green power in our branches. We look forward to further collaboration with Santi Monster Electric Power in the future.

Since its establishment in 2019, Santi Monster Electric Power has been dedicated to the renewable energy industry. Their team members possess a profound understanding of renewable energy generation and have developed expertise in power matching data, are they are capable of effectively meeting customers' electricity requirements and offering tailored green power procurement solutions for businesses.

Santi Monster Electric Power relies on its parent company, Santi Renewable Energy, to invest in or build its own diversified and large-scale solar photovoltaic sites to ensure a stable and diversified green power supply. Additionally, it has its own operation and maintenance team and procures renewable energy from external sources in parallel, providing businesses with worry-free green energy security. In the future, Santi Monster Electric Power will continue to expand its green power supply scale and collaborate with more companies to achieve the goal of achieving net zero emissions, thereby injecting new momentum into global sustainable development.

The parent company, Santi Renewable Energy, has announced its active participation in the green power sales market and the signing of Corporate Power Purchase Agreement (CPPA) with multiple companies. They have recently secured a 35MW photovoltaic project sites and anticipate supplying power to major consumers in the third quarter of this year. The projected amount of green power supply is expected to exceed 4 million kWh.