Canon Plans to Deploy 100% Renewable Power

  • Optics expert Canon plans to deploy 100 per cent renewable power in its manufacturing sites for its printing business.
  • The firm said that renewable energy now covers the equivalent of the fiscal year 2023 electricity consumption of five locations in its companies.

Japanese optics expert Canon plans to deploy 100 per cent renewable power in its manufacturing sites for its printing business, a unit of the company said.

Canon Central and North Africa (CCNA) said in a press statement that renewable energy now covers the equivalent of the fiscal year 2023 electricity consumption of five locations in its companies that make the products of its printing business.  

They include Canon Suzhou Inc., Canon Vietnam Co Ltd (Thang Long Factory and Tien Son Factory), Canon Hi-Tech Thailand Ltd (Ayutthaya Factory), and Canon Prachinburi Thailand Ltd.

The products made by those businesses include office multifunctional devices, home inkjet printers, and large-format inkjet printers.

So far, Canon has installed photovoltaic (PV) panels within the grounds of some factories, including the Thang Long Factory in Vietnam, where around 18% of the entire plant’s power comes from solar. However, the complete conversion of the five plants in question was achieved through renewable energy certificates (RECs).

Considering both methods, the company has increased the percentage of renewable energy usage in 2023 at all of its final assembly sites for printing products to approximately 39.5 per cent.

This year, Canon said it intends to install even more PV panels and increase the usage rate of renewable energy.

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