TotalEnergies ENEOS celebrates the commissioning of SteelAsia's first solar rooftop project

MANILA, Philippines, March 4, 2025 /PRNewswire/ -- TotalEnergies ENEOS successfully commissioned a 1.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system in collaboration with SteelAsia Manufacturing Corporation (SteelAsia), Philippines' leading steel firm and one of the largest rebar manufacturers globally.

With over 3,200 solar modules installed, the PV system at SteelAsia's Meycauayan, Bulacan facility generates around 2,700 megawatt-hours (MWh) of renewable electricity annually. This initiative not only delivers significant cost savings for SteelAsia but also reduces the company's carbon footprint by approximately 2,300 tons of CO₂ emissions each year, equivalent to planting over 34,500 trees.

As part of the 10-year long term solar agreement, TotalEnergies ENEOS fully funded, installed, and will operate the solar system throughout the tenure. SteelAsia will purchase the electricity produced during the 10-year period with no additional upfront costs.

The initiative is part of SteelAsia' wider decarbonization strategy to integrate renewable energy sources across its operations. Two of its other plants – the Calaca green steel manufacturing plant and the Compostela, Cebu rolling mill – are already powered by geothermal energy.

"Sustainability is at the core of our vision for the future of steel manufacturing", shared Andre Sy, President of SteelAsia. "This solar project with TotalEnergies ENEOS is a crucial step in reducing our environmental impact while ensuring energy sufficiency across our operations."

"The steel industry is energy intensive, and we understand the need for improved energy efficiency. We are delighted to be SteelAsia's trusted partner for their first solar rooftop project, supporting them on their decarbonization journey and contributing to the development of sustainable steel industry in the Philippines," said Ingrid Jaumain, Zone Director of TotalEnergies ENEOS Renewables Philippines Project Corp.

To learn more about TotalEnergies ENEOS tailored solar solutions, check out the free brochure, or contact directly for more information.

About TotalEnergies ENEOS Renewables Distributed Generation Asia Pte. Ltd.

The company is a 50/50 joint venture between TotalEnergies and ENEOS to develop onsite B2B solar distributed generation across Asia. It is headquarterewiderd in Singapore with a plan to develop 2 GW of decentralized solar capacity over the next five years. https://solar.totalenergies.asia

TotalEnergies and renewables electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of 2024, TotalEnergies' gross renewable electricity generation installed capacity reached over 24 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030. https://renewables.totalenergies.com/en 

ENEOS Corporation and renewables electricity

ENEOS Group operates solar power plants in Japan and is also participating in renewable energy projects in the United States, Australia, Vietnam and Taiwan, China. Furthermore, ENEOS is actively engaged in power generation projects using biomass, hydroelectric power, wind power, etc. This joint venture is ENEOS' first overseas renewable energy project using distributed power sources. 

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

X             LinkedIn                Facebook            Instagram

About ENEOS Corporation

ENEOS Group has developed businesses in the energy and nonferrous metals segments, from upstream to downstream. The Group's envisioned goals for 2040 are: becoming one of the most prominent and internationally competitive energy and materials company groups in Asia, creating value by transforming our current business structure, and contributing to the development of a low-carbon, recycling-oriented society with the pursuit of carbon-neutral status in its own CO2 emissions. ENEOS Corporation, one of the principal operating companies in the Group, is contributing to achievement of the Group's envisioned goals through a broad range of energy businesses. 

About SteelAsia

SteelAsia is the county's flagship steel manufacturer and one of the largest rebar producers in Southeast Asia with four rebar mills across the archipelago and a combined capacity of 2.5 million tons per year. Setting technological and management benchmarks for the industry to follow, SteelAsia introduced to the country state-of-the-art steel rolling mill technology and was the first to regionalize steel supply, dispersing economic activities and job creation with steel facilities in Bulacan, Batangas, Cebu, and Davao City. Recently, SteelAsia became the first Philippine company to export steel bars, and has shipped a total of 87,000 metric tons to Canada as of January 2025.  Today, SteelAsia employs over 3,000 personnel; additionally, an estimated 15,000 jobs are created in support of its plant operations. The company estimates it supplies around 80% of all infrastructure, high-rise and other heavy construction in the country. SteelAsia has become a global benchmark for producing steel with one of the lowest CO₂ emissions in the world, putting the Philippines at the forefront of the development of Green Steel internationally. With plans to add new facilities that could reduce 7 million tons of CO₂ per year, SteelAsia's green steel methodology involves a combination of recycling and renewable energy to achieve a staggering 87% reduction in CO₂ compared to traditional steelmaking technologies. Find out more in www.steelasia.com 

TotalEnergies ENEOS Contacts
Media Relations: contact.solar.asia@totalenergies.com

SteelAsia Contacts
Media Relations: Tom Tolibas - +639171233128 / pmtolibas@steelasia.com 

Cautionary Note TotalEnergies

The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

Cautionary Note ENEOS Corporation

The terms "ENEOS", "ENEOS Group" in this document are used to designate ENEOS Corporation and the consolidated entities that are directly or indirectly controlled by ENEOS Corporation. This document contains certain forward-looking statements. Actual results may differ materially from those reflected in any forward-looking statement due to various factors, which include, but are not limited to, the following: (1) macroeconomic conditions and changes in the competitive environment in the energy, resources, and materials industries; (2) the impact of COVID-19 on economic activity; (3) changes in laws and regulations; and (4) risks related to litigation and other legal proceedings.

MANILA, Philippines, March 4, 2025 /PRNewswire/ -- TotalEnergies ENEOS successfully commissioned a 1.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system in collaboration with SteelAsia Manufacturing Corporation (SteelAsia), Philippines' leading steel firm and one of the largest rebar manufacturers globally.

With over 3,200 solar modules installed, the PV system at SteelAsia's Meycauayan, Bulacan facility generates around 2,700 megawatt-hours (MWh) of renewable electricity annually. This initiative not only delivers significant cost savings for SteelAsia but also reduces the company's carbon footprint by approximately 2,300 tons of CO₂ emissions each year, equivalent to planting over 34,500 trees.

As part of the 10-year long term solar agreement, TotalEnergies ENEOS fully funded, installed, and will operate the solar system throughout the tenure. SteelAsia will purchase the electricity produced during the 10-year period with no additional upfront costs.

The initiative is part of SteelAsia' wider decarbonization strategy to integrate renewable energy sources across its operations. Two of its other plants – the Calaca green steel manufacturing plant and the Compostela, Cebu rolling mill – are already powered by geothermal energy.

Image: Andre Sy (right), SteelAsia President was joined by Ingrid Jaumain (left), Zone Director of TotalEnergies ENEOS Renewables Philippines Project Corp during the commissioning ceremony of SteelAsia’s 1.9 MWp solar rooftop photovoltaic system in the company’s Meycauayan steel plant.

Image: Andre Sy (right), SteelAsia President was joined by Ingrid Jaumain (left), Zone Director of TotalEnergies ENEOS Renewables Philippines Project Corp during the commissioning ceremony of SteelAsia’s 1.9 MWp solar rooftop photovoltaic system in the company’s Meycauayan steel plant.

"Sustainability is at the core of our vision for the future of steel manufacturing", shared Andre Sy, President of SteelAsia. "This solar project with TotalEnergies ENEOS is a crucial step in reducing our environmental impact while ensuring energy sufficiency across our operations."

"The steel industry is energy intensive, and we understand the need for improved energy efficiency. We are delighted to be SteelAsia's trusted partner for their first solar rooftop project, supporting them on their decarbonization journey and contributing to the development of sustainable steel industry in the Philippines," said Ingrid Jaumain, Zone Director of TotalEnergies ENEOS Renewables Philippines Project Corp.

To learn more about TotalEnergies ENEOS tailored solar solutions, check out the free brochure, or contact directly for more information.

About TotalEnergies ENEOS Renewables Distributed Generation Asia Pte. Ltd.

The company is a 50/50 joint venture between TotalEnergies and ENEOS to develop onsite B2B solar distributed generation across Asia. It is headquarterewiderd in Singapore with a plan to develop 2 GW of decentralized solar capacity over the next five years. https://solar.totalenergies.asia

TotalEnergies and renewables electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of 2024, TotalEnergies' gross renewable electricity generation installed capacity reached over 24 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030. https://renewables.totalenergies.com/en 

ENEOS Corporation and renewables electricity

ENEOS Group operates solar power plants in Japan and is also participating in renewable energy projects in the United States, Australia, Vietnam and Taiwan, China. Furthermore, ENEOS is actively engaged in power generation projects using biomass, hydroelectric power, wind power, etc. This joint venture is ENEOS' first overseas renewable energy project using distributed power sources. 

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

X             LinkedIn                Facebook            Instagram

About ENEOS Corporation

ENEOS Group has developed businesses in the energy and nonferrous metals segments, from upstream to downstream. The Group's envisioned goals for 2040 are: becoming one of the most prominent and internationally competitive energy and materials company groups in Asia, creating value by transforming our current business structure, and contributing to the development of a low-carbon, recycling-oriented society with the pursuit of carbon-neutral status in its own CO2 emissions. ENEOS Corporation, one of the principal operating companies in the Group, is contributing to achievement of the Group's envisioned goals through a broad range of energy businesses. 

About SteelAsia

SteelAsia is the county's flagship steel manufacturer and one of the largest rebar producers in Southeast Asia with four rebar mills across the archipelago and a combined capacity of 2.5 million tons per year. Setting technological and management benchmarks for the industry to follow, SteelAsia introduced to the country state-of-the-art steel rolling mill technology and was the first to regionalize steel supply, dispersing economic activities and job creation with steel facilities in Bulacan, Batangas, Cebu, and Davao City. Recently, SteelAsia became the first Philippine company to export steel bars, and has shipped a total of 87,000 metric tons to Canada as of January 2025.  Today, SteelAsia employs over 3,000 personnel; additionally, an estimated 15,000 jobs are created in support of its plant operations. The company estimates it supplies around 80% of all infrastructure, high-rise and other heavy construction in the country. SteelAsia has become a global benchmark for producing steel with one of the lowest CO₂ emissions in the world, putting the Philippines at the forefront of the development of Green Steel internationally. With plans to add new facilities that could reduce 7 million tons of CO₂ per year, SteelAsia's green steel methodology involves a combination of recycling and renewable energy to achieve a staggering 87% reduction in CO₂ compared to traditional steelmaking technologies. Find out more in www.steelasia.com 

TotalEnergies ENEOS Contacts
Media Relations: contact.solar.asia@totalenergies.com

SteelAsia Contacts
Media Relations: Tom Tolibas - +639171233128 / pmtolibas@steelasia.com 

Cautionary Note TotalEnergies

The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

Cautionary Note ENEOS Corporation

The terms "ENEOS", "ENEOS Group" in this document are used to designate ENEOS Corporation and the consolidated entities that are directly or indirectly controlled by ENEOS Corporation. This document contains certain forward-looking statements. Actual results may differ materially from those reflected in any forward-looking statement due to various factors, which include, but are not limited to, the following: (1) macroeconomic conditions and changes in the competitive environment in the energy, resources, and materials industries; (2) the impact of COVID-19 on economic activity; (3) changes in laws and regulations; and (4) risks related to litigation and other legal proceedings.

Steel Asia

Steel Asia

Steel Asia

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

TotalEnergies ENEOS celebrates the commissioning of SteelAsia's first solar rooftop project

TotalEnergies ENEOS celebrates the commissioning of SteelAsia's first solar rooftop project

HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.

Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.

Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.

Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.

Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.

Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."

With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.

HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.

Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.

Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.

Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.

Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.

Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."

With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Agoda Data Shows Vietnam Rising as a Favorite End-of-Year Destination for Families Across Asia and Beyond