Potential offtaker

Sharp Corporation

www.sharp-world.com

Estimated electricity consumption

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Countries of production presence

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Sharp Corporation is a multinational corporation from Japan that specializes in the production of consumer electronics. The company was founded in 1912 as a small metalworking shop in Tokyo, but it has since grown into a global leader in the consumer electronics industry. Sharp Corporation is known for its innovative products, such as LCD televisions, solar panels, and home appliances.

In recent years, Sharp Corporation has made a significant effort to reduce its carbon footprint and promote decarbonisation. The company has implemented a number of initiatives to reduce its greenhouse gas emissions and increase its use of renewable energy sources. One of the most notable initiatives is the company's Corporate Energy Plan, which outlines its goals for reducing its carbon emissions and increasing its use of renewable energy sources.

Under the Corporate Energy Plan, Sharp Corporation has set a target to reduce its greenhouse gas emissions by 30% by 2030 compared to its 2013 levels. The company plans to achieve this goal by implementing a number of measures, such as improving the energy efficiency of its products and facilities, increasing its use of renewable energy sources, and promoting the use of electric vehicles.

One of the key ways that Sharp Corporation is increasing its use of renewable energy sources is through the implementation of Corporate Power Purchase Agreements (PPAs). A Corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for the electricity generated by the renewable energy source. By entering into a Corporate PPA, Sharp Corporation is able to secure a reliable and cost-effective source of renewable energy, while also supporting the development of renewable energy projects.

Sharp Corporation has already entered into several Corporate PPAs, including agreements to purchase electricity from wind and solar power projects in Japan. In addition to these agreements, the company has also invested in the development of its own renewable energy projects, such as solar power plants and wind farms.

Sharp Corporation's commitment to decarbonisation and renewable energy is not only good for the environment, but it also makes good business sense. By reducing its greenhouse gas emissions and increasing its use of renewable energy sources, the company is able to reduce its energy costs and improve its bottom line. In addition, the company's focus on sustainability and renewable energy is becoming increasingly important to consumers, who are looking for environmentally responsible products and companies.

In addition to its efforts to promote decarbonisation and renewable energy, Sharp Corporation is also committed to promoting energy efficiency in its products and facilities. The company has implemented a number of measures to improve the energy efficiency of its products, such as developing more efficient LCD televisions and home appliances. In addition, the company has implemented energy management systems in its facilities, which help to monitor and reduce energy consumption.

Overall, Sharp Corporation is a leader in the consumer electronics industry, with a strong commitment to sustainability and renewable energy. The company's efforts to promote decarbonisation and increase its use of renewable energy sources are not only good for the environment, but they also make good business sense. As consumers become increasingly concerned about the environmental impact of the products they buy, companies like Sharp Corporation are well-positioned to meet this demand and succeed in the marketplace.