Malakoff enhances green energy credentials

KUALA LUMPUR: Malakoff Corporation Bhd has signed a solar power purchase agreement (SPPA) through its wholly owned subsidiary Malakoff Radiance Sdn Bhd with Gas Malaysia Bhd for the development, operation and maintenance of solar photovoltaic (PV) systems at three Gas Malaysia sites.

The three sites are Gas Malaysia’s headquarters (HQ) in Shah Alam, Selangor, southern regional office in Pasir Gudang, Pahang, and eastern regional office in Gebeng, Kuantan.

Additionally, Malakoff will also be installing electric vehicle (EV) charging stations at Gas Malaysia HQ and Gas Malaysia at Jalan Gurney in Kuala Lumpur.

An MoU signing was held on Nov 7 at the Setia City Convention Center in Setia Alam in conjunction with Gas Malaysia’s unveiling of its business sustainability plan. Malakoff was represented by its chief financial officer Mohd Nazersham Mansor and the signing was witnessed by Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad.

In line with Malakoff’s robust initiatives and proactive approach towards supporting the government’s holistic measure to address climate change, the implementation of solar energy solutions and installation of carbon-free mobility infrastructure through this collaboration is a step towards realising its commitment to achieve 500MW of solar projects within the Albukhary Group of Companies, simultaneously supporting Gas Malaysia’s aspiration in advancing environmental sustainability.

“In today’s landscape, both consumers and businesses, as well as employees are actively seeking organisations and partners that authentically uphold their green energy adoption commitments.

“We believe that by in-corporating EV charging solutions into a corporate infrastructure serves as a tangible embodiment of that organisation’s core values and unwavering commitment to sustainability.

“This initiative truly demonstrates both Malakoff and Gas Malaysia’s dedication to align our actions with our words regarding the adoption of green energy, setting a noteworthy example for the industry,” said Malakoff managing director/CEO Anwar Syahrin Abdul Ajib on the company’s latest endeavour towards supporting the govern-ment’s net-zero nation by 2050 goal.

To date, Malakoff holds a total of 151MW of renewable energy generating capacity under its portfolio consisting of projects acquired for large-scale solar, rooftop solar and small hydro power generation.