KUALA LUMPUR: Meta Bright Group Bhd
has announced that the Kemaman Municipal Council has accepted its proposal for a 407.8kWp solar photovoltaic (PV) system at Kijal Mall in Terengganu.
In a statement, the group said it would design, construct, install, commission, operate and maintain the solar PV system at the said premise, which is owned by the council.
Under the terms of the deal, the council will specify which buildings and premises will be supplied with renewable energy generated by the installation for which the Group will charge 36 sen per kilowatt of solar energy usage under the 20-year supply agreement - renewable energy (SARE) that commences upon operation of the system.
Meta Bright executive director of corporate and strategic planning Derek Phang Kiew Lim said the group is looking forward to working with other local councils in Malaysia.
“Municipal councils are the suitable party to craft and implement high-quality renewable energy solutions specific to their local conditions and needs.
"Partnering with us through our zero-capex program is a win-win as they can focus on continuing to deliver the best for the community while benefitting from renewable energy cost savings without up-front impact to their local budgets," he said.
Phang reported that the group’s year-to-date orderbook relating to sustainable renewable energy solutions post the Kemaman Municipal Council’s acceptance stands at 3.81MW, a 12% increase on total orderbook size.
