In 2024 Ventec's energy-management disclosure covers the four major plants (Suzhou, Taiwan, Shenzhen, and Jiangyin) and the Europe/U.S. offices (UK, Germany, and the U.S.). Among the four plants, energy use in 2024 was dominated by purchased electricity and natural gas: purchased electricity accounted for 51.30%, natural gas 46.61%, and renewable energy 0.86%. Compared with 2023, total energy consumption at the four plants decreased by 40.18% in 2024. Driven by the Green Energy Taskforce, Ventec upgraded its power-generation system in 2024, raising Suzhou Plant's renewable-energy use by 467.83 GJ. The Company has implemented the ISO 14001 environmental management system and passed third-party verification (most recent certificate valid May 2024 – May 2027), underscoring our commitment to systematic environmental management. For the Europe/U.S. offices, total energy consumption in 2024 was 4,287.47 GJ, down 8.41% year over year. Natural gas was the largest energy source (49.61%), followed by purchased electricity (48.70%).
2024, total energy consumption across the four major plants decreased by
In 2024, renewable energy use at the Suzhou Plant increased by
In 2024, total energy consumption at the Europe/U.S. offices decreased by
Ventec established a Green Energy Task Force in 2021 to mitigate global warming and environmental burdens by continually optimizing plant equipment for energy conservation and carbon reduction. Since 2023, the Suzhou Plant has upgraded its power-generation system and installed solar photovoltaic panels, steadily expanding self-generation for self-consumption. In 2024, the Company set an annual renewable-energy generation target of 358,800 kWh and achieved approximately 400,000 kWh, exceeding the target. In the same year, we further upgraded critical energy-using equipment—including magnetic-bearing chillers, lamination presses, hot-water pumps, and variable-frequency drives—delivering total annual electricity savings of 461,049 kWh and a reduction of 247.40 tCO₂e, thereby lowering our operational carbon footprint. The Suzhou Plant also continued to enhance energy-management performance in production processes through investments in energy-saving and low-carbon, green-manufacturing initiatives; in 2024 it earned Suzhou City Class 2A Green Factory certification.
| 2024 Suzhou Plant Action Items | 2024 Energy-Saving Performance |
|---|---|
| Renewable energy: Suzhou Plant solar-PV installation | System design target: 358,800 kWh annual generation; 2024 actual ~400,000 kWh; 214.64 tCO₂e emissions reduction. |
| Equipment upgrade: Magnetic-bearing chiller (Plant 1) | Electricity saved: 51,000 kWh; emissions reduction: 27.37 tCO₂e |
| Equipment upgrade: Magnetic-bearing chiller (Plant 2) | Electricity saved: 75,848 kWh; emissions reduction: 40.70 tCO₂e. |
| Equipment upgrade: Lamination presses (Plants 1 & 2) | Electricity saved: 187,200 kWh; emissions reduction: 100.45 tCO₂e. |
| Hot-water pump for adhesive application | Electricity saved: 59,904 kWh; emissions reduction: 32.14 tCO₂e. |
| VFDs (seasonal process pumps and chiller pumps) | Electricity saved: 87,097 kWh; emissions reduction: 46.74 tCO₂e. |
| Suzhou City Class 2A Green Factory certification (2024) | Ventec continues to advance green, low-carbon transition and sustainable, environmentally friendly operations; obtained Class 2A Green Factory certification in 2024. |
Note: Emissions-reduction figures are estimated using the nationwide grid emission factor 0.5366 kgCO₂e/kWh from China's 2022 electricity emission-factor bulletin.
