Samaiden inks 20-year solar energy PPA with Maxell Tohshin

Samaiden group managing director Chow Pui Hee

KUALA LUMPUR: Samaiden Group Bhd has struck a strategic power purchase agreement (PPA) with Maxell Tohshin (Malaysia) Sdn Bhd to install a 1,028.28-kilowatt peak (kWp) advanced solar photovoltaic (PV) system at the latter company's premises.

The renewable energy specialist said the intiative, set for a duration of 20 years, is expected to significantly curtail carbon emissions from manufacturing operations, projecting an estimated carbon dioxide (CO2) avoidance of 974.66 tonnes per year.

It added that the reduction in carbon emissions aligns with both companies' visions for a greener industrial future.

"By integrating cutting-edge solar technology into their operations, Maxell Tohshin not only demonstrates environmental stewardship but also paves the way for innovative energy solutions within the manufacturing sector.

"Our collaboration is a beacon of progress, showcasing the potential of RE to revolutionise traditional industries while maintaining economic growth and environmental integrity," said Samaiden group managing director Chow Pui Hee in a statement.

Maxell Tohshin is engaged in the design and manufacture of ultra-precision molds and lens mold technologies, and also produces precision plastic optical lenses and the assembly of camera and automotive parts.

"Our partnership with Samaiden through this PPA is a significant stride towards embedding sustainability into our core operations.

"It reflects our proactive approach to embracing RE solutions, reducing our environmental impact, and adhering to the highest standards of corporate social responsibility," said Maxell Tohshin managing director Nobuki Yahiro.