TNB unit to install solar PV facilities at Aeon Malls

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) and its wholly-owned subsidiary, GSPARX Sdn Bhd, have signed a supply agreement for renewable energy with Aeon Co (M) Bhd for the installation of solar photovoltaic (PV) facilities at all Aeon Malls and Aeon BiG nationwide.

Under the agreement, GSPARX will install and maintain a 77,000-kilowatt peak (kWp) PV system at the Aeon ecosystem for 25 years.

TNB chief strategy and ventures officer Datuk Megat Jalaluddin Megat Hassan said the initiative with Aeon is expected to continue until 2024.

Each installation of the PV sites costs RM3mil to RM4mil and will be borne by TNB as part of its social responsibility towards the environment and efforts to encourage clients to participate in its RE iniatiatives to meet the net-zero target by 2050.

The initiative will help Aeon self generate its electricity and allow savings of up to 30%, he told reporters after the signing ceremony here yesterday.

“The focus will be on the big malls so that Aeon customers can enjoy the benefits faster,” he added.

Meanwhile, Aeon Co deputy managing director Tsugutoshi Seko said the first installation for this project was completed in October 2022 at Alpha Angle Mall in Wangsa Maju, featuring 1,513 kWp of PV solar on the rooftop and ground level open-air car park.

The first phase of the PV installation will be carried out at 11 Aeon malls this year.

“We see this as a fantastic opportunity to continuously promote energy-saving initiatives and deliver a greener future,” Seko added. — Bernama

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

TNB , RE , Aeon , solar , power , savings


Next In Business News

Rastam Mohd Isa is new FGV chairman
5G coverage in populated areas at 68.8%
Hanoi to turn off 2G phone technology
Ecoscience gets RM38mil construction job
Foreign funds take long-term stance
SC, SME Corp join hands to advance smaller businesses
Growth in net interest income a boon for banks
UEM Sunrise to provide grant for water quality assessment
SNS Network positive on ICT industry
Cashew exports predicted to rebound strongly by year-end

Others Also Read