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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Samaiden , Maxell Tohshin , PPA , solar , energy

Next In Business News

Matrade: Malaysia’s trade breaks RM3 trillion mark despite challenging global conditions
Swift Energy Tech subsidiary bags contracts worth RM18mil
Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO

Others Also Read