TNB expands Solar PV System through two new SARE
Focus Malaysia 11 Oct 2019 11:58

Tenaga Nasional Berhad (TNB) and its wholly-owned subsidiary GSPARX Sdn Bhd (GSPARX) today inked Supply Agreement for Renewable Energy (SARE) with Ain Medicare Sdn Bhd (AMSB) and TATI University College (TATIUC) for the installation of solar photovoltaic (PV) system with capacity of 3,131.5 kilowatt peak (kWp) and 999 kilowatt peak (kWp), respectively.

GSPARX will install solar panels at AMSB’s pharmaceutical factories in Kota Bharu, Kelantan with a capacity of 2,533.5 kWp and in Kulim, Kedah with a capacity of 598 kWp. Within the 25-year duration of the SARE, AMSB will annually generate 3.315 million kilowatt (kWh) energy and an accumulated savings of RM 17.7 million.

As for SARE with TATIUC, the agreement is for the installation of solar PV system at TATIUC’s campus in Kemaman, Terengganu. With a potential savings of RM 6.24 million within 25 years, the solar PV will generate 1.306 million kilowatt (kWh) energy, each year.

SARE inked with AMSB is GSPARX’s first collaboration with a pharmaceutical company while the signing of SARE with TATIUC is GSPARX’s third with an education hub or institution. The two other education hubs are TNB’s own Integrated Learning Solution (ILSAS) and EduCity Iskandar. GSPARX’s agreement with TATIUC was facilitated by Malaysian Industry- Government Group for High Technology (MIGHT), an agency under the Prime Minister’s Department.

Signing the SARE for AMSB was its Chairman, Datuk Wan Ariff Wan Hamzah while for TATIUC was its Rector, Prof. Dr. Anuar Ahmad. TNB was represented by its Chief Retail Officer, Ir. Megat Jalaluddin Megat Hassan and Chief Ventures Officer/GSPARX Sdn Bhd Director, Datuk Nor Azman Mufti.

Both SAREs were inked at the Kuala Lumpur Convention Centre here in conjunction with the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2019.

“The installation of solar PV for both companies is expected to complete in April 2020,” said Datuk Nor Azman, TNB Chief Ventures Officer/GSPARX Director.

“With the two SAREs signed, the total number of solar panel installation projects by GSPARX is 92, with a combined capacity of 12,843 kilowatt peak (kWp),” he added.

According to Nor Azman, the installation of solar panel with zero upfront cost by GSPARX enables consumers to save their monthly bill, reduce carbon emission, and generate electricity using green energy.

Platinum Victory’s next launch: PV9 Residences

Platinum Victory Unveils a Zesty New Living Experience in Taman Melati.

AXA recognised for HR Innovation & Excellence

AXA Affin General Insurance Berhad once again cements its market-leading reputation.