United Warehouse Partners with Starwarehouse for Solar Energy
United Warehouse and Starwarehouse Engineering Join Forces
In an exciting development, United Warehouse Limited, a subsidiary of Marvion Inc. (NASDAQ: MVNC), has entered into a service partnership with Starwarehouse Engineering Limited. This agreement focuses on the installation and maintenance of solar PV systems, marking a significant step towards sustainability.
A Focus on Sustainability
The newly signed agreement outlines Starwarehouse Engineering's responsibilities, including the design and construction of 170kW solar panels on the roof of United Warehouse. Additionally, they will implement a solar electric generator, ensuring that the energy generated contributes significantly to renewable energy efforts. This initiative not only lowers operational costs but also aligns with broader environmental goals.
Generating Green Energy
Through this partnership, United Warehouse is set to sell the power generated by the solar system to the China Light and Power (CLP) at a predetermined tariff rate. The financial benefits are expected to be substantial, providing a steady revenue stream for United Warehouse while contributing positively to environmental sustainability.
Project Timeline and Future Outlook
The initiative is anticipated to become officially operational early in the next year, running until the end of 2033. With the expected annual solar energy output, United Warehouse aims to make a substantial impact on both its cost structure and its ecological footprint.
Leadership's Vision
Marvion’s CEO, Mr. Chan Sze Yu, commented on the strategic importance of this collaboration, emphasizing the dual benefits of pursuing both economic returns and social responsibility. He expressed optimism about the upcoming contributions of the PV system to the company’s competitiveness in the market.
Commitment to Environmental Sustainability
This venture underscores the dedication of Marvion and United Warehouse to environmental stewardship. It signifies a broader commitment to integrating sustainable practices within logistics and warehousing, setting a precedent in the industry.
About Marvion Inc.
Marvion Inc. (MVNC) is a logistics leader in the Hong Kong market, specializing in comprehensive transport and storage solutions for businesses. Through innovative strategies and commitments to sustainability, Marvion aims to reshape the future of warehousing.
Connecting with United Warehouse
If you have inquiries or require further information about United Warehouse's services or this new partnership, feel free to reach out for more details. The company is open to exploring collaborative opportunities and strengthening its partnership within the green energy sector.
Frequently Asked Questions
What is the purpose of the partnership between United Warehouse and Starwarehouse Engineering?
The partnership aims to design, construct, and maintain solar PV systems to enhance sustainability and reduce operational costs.
How will the solar power system benefit United Warehouse?
The generated power will provide a steady revenue stream by selling to China Light and Power while significantly lowering carbon emissions.
What are the expected outcomes of this solar project?
The project aims to deliver substantial renewable energy output, lower operational expenses, and demonstrate a commitment to environmental practices.
When is the expected operational date for the solar systems?
The solar systems are anticipated to be operational early next year and will continue until 2033.
What does Marvion's CEO say about the initiative?
Mr. Chan Sze Yu highlighted the alignment of the project with the company's sustainability goals and its potential economic benefits.
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