IJM Land, Progressture Solar sign MoU on solar deployment


PETALING JAYA: IJM Land Bhd has signed a memorandum of understanding with Progressture Power Sdn Bhd (Progressture Solar) to jointly explore business opportunities in maximising deployment for a total capacity of 40 megawatt peak (MWp) of solar energy in IJM Land’s future developments.

In a joint statement, the parties said the scope of the partnership encompasses the pre-installation of solar rooftop photovoltaic (PV) systems with a capacity of 25 MWp for residential developments, along with the options for enabling homeowners to benefit from this implementation. “The partnership also includes the development of a 15 MWp floating solar farm spanning 37.5 acres at IJM Rimbayu.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
IJM , Progressture Power , MoU , solar , energy , property

Next In Business News

Asian stocks fall as Nvidia earnings loom
Chinese yuan slips from 3-1/2-year high after PBOC signals unease over rapid gains
Oil steadies as investors weigh impact of latest US sanctions on Iran
Malaysian firms Bateriku, Respond.io named to Forbes Asia’s 100 to Watch
Monsoon may ease ‘super El Ni�o’ potential impact on palm oil output
Gold rises to highest since mid-May as buying momentum builds
Kuantan Port eyes liquid cargo diversification, to handle 30 mln tonnes of liquefied CO2 annually by 2050
Trump vows to double Canadian auto tariffs, escalating fight
Shein's stock market listing will not mask sustainability challenges
S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves

Others Also Read