BUSINESS

SOLARVEST EMPOWERS BROMMA’S GREEN INITIATIVES THROUGH PROVISION OF CLEAN ENERGY SOLUTIONS

24/05/2023 04:35 PM

KUALA LUMPUR, May 24 (Bernama) --  Clean energy expert Solarvest Holdings Bhd has completed a 1.1 megawatt-peak (MWp) rooftop solar photovoltaic (PV) installation project for Swedish company Bromma (M) Sdn Bhd at its manufacturing plant in Chemor, Perak.

Solarvest said it serves as the engineering, procurement, construction, and commission (EPCC) provider for the rooftop installation of solar PV panels, with an expected annual clean electricity generation of 1,497.8 megawatt-hours (MWh).

“This allows Bromma to offset 957 tonnes of carbon dioxide emissions, which is equivalent to the air-purifying effect of 43,505 mature trees,” it said in a joint statement with Bromma and the Malaysian Investment Development Authority (Mida) today.

On the completion of the PV installation project for Bromma, Mida deputy chief executive officer (CEO) for investment promotion and facilitation Sivasuriyamoorthy Sundara Raja expressed the authority’s full commitment to supporting businesses and investors throughout their journey in Malaysia.

He said the Malaysian government has recently announced visionary policies that highlight the significance of clean energy sources, and Bromma's dedication to renewable energy couldn't have come at a more opportune time.

“By adopting solar power, Bromma is not only reducing their environmental impact but also actively contributing to our nation's ambitious goal of increasing the renewable energy capacity mix to 70 per cent by 2050.

“They are paving the way for a brighter, greener future,” he said.

According to Sivasuriyamoorthy, sustainability practices have been amplified with the adoption of environmental, social and governance (ESG) principles that will certainly spur sustainable growth by addressing the issues related to climate change.

“This is in line with the National Investment Aspirations (NIA) to ensure that the country remains a competitive destination for high-value investments, delivering sustainable and holistic economic growth,” he said.

Solarvest executive director and group CEO Davis Chong Chun Shiong said by leveraging the company’s expertise in turnkey engineering and technical solutions, the group is confident in helping Bromma achieve its energy efficiency targets through this solar PV system.

“With sustainability initiatives becoming an important corporate agenda, we are seeing a surge of interest in clean energy adoption,” he said.

He added that the company’s job pipeline remains strong, with a tender book of about 2.5 gigawatts (GW) comprising large-scale power plants, commercial and industrial projects, as well as overseas ventures.

Bromma president ShuShu Zhang said Bromma is committed to helping reduce its carbon footprint by halving its greenhouse emission by 2030, as part of its climate ambition to limit the rise in global temperature by 1.5°C per year.

“In pursuit of this objective, we are excited to transition to solar energy to promote clean electricity consumption and emission reduction.”

“In addition to reducing the environmental impact of our operations, we aim to mitigate the risk of rising electricity costs by utilising solar energy,” she said.

-- BERNAMA


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