Metronic Global inks 25-year solar PV deal with Technology PP Industries

KUALA LUMPUR: Metronic Global Bhd has signed a solar power purchase agreement (SPPA) with Technology PP Industries (Northern) Sdn Bhd under a solar leasing model in Kedah.

The company said the SPPA was secured by its 70 per cent owned subsidiary, Sinaran PPA Sdn Bhd, which will develop, finance, design, construct, test, commission, own, operate, and maintain a solar photovoltaic (PV) generating facility with a capacity of approximately 3,121 kilowatts peak (kWp) in Sungai Petani to generate and deliver solar PV energy to Technology PP.