Ricoh Co Ltd announced Nov 18, 2019, that it will expand the use of renewable energy at its overseas production bases as part of its efforts to achieve the "RE100" initiative, which is aimed at using only renewable energy-derived electricity in business activities.
At Ricoh Thermal Media (Wuxi), which is Ricoh's production company in China, a 2.8MW solar power generation (PV) system was set up on its roof by using a PPA (power purchase agreement) model. The PV system started operation Nov 7, 2019, increasing the ratio of renewable energy-derived electricity to all the electricity used at the company to about 20%. This is the first time that the Ricoh group has installed a mega (large-scale) solar power plant.
Also, Ricoh UK Products, Ricoh's production company based in the UK, switched to a renewable energy-based power contract Oct 1, 2019, and started to use only renewable energy in the company's building.
As a result, the total amount of renewable energy-derived electricity used at the two production bases became equivalent to 13.8GWh per year, which is equivalent to 2.6% of the amount of electricity that Ricoh uses for its business operation. And it is expected to reduce about 5,000t of CO2.
In April 2017, the Ricoh group became the first Japanese company that joined the RE100. Since then, it has been making efforts to install energy-saving and private power generation facilities and switch to power having a high ratio of renewable energy. As for its production bases, it switched to renewable energy-derived electricity at all the buildings for assembling A3 multi-function printers in China, Thailand and Japan in fiscal 2019.
As of the end of fiscal 2018, the ratio of renewable energy-derived electricity that meets the standards of the RE100 and is used for Ricoh's business activities was 9.4%. The company aims to increase it to at least 30% by 2030 and 100% by 2050.