Malakoff inks second solar power deal with Hicom Automotive


Malakoff Corp managing director and group chief executive officer Anwar Syahrin Abdul Ajib.

KUALA LUMPUR: Malakoff Corporation Bhd’s (Malakoff) subsidiary, Malakoff Radiance Sdn Bhd (MRSB), has signed a second solar power purchase agreement with HICOM Automotive Manufacturers (Malaysia) Sdn Bhd to expand its renewable energy footprint.

Malakoff said the new project, with an installed capacity of 4.22 megawatt-peak (MWp), will mark MRSB’s largest solar deployment at a single site.

"This second phase, with its construction to commence in June this year, will involve the design and installation of an enhanced solar energy solution at the same facility, combining conventional rooftop solar photovoltaic (PV) with building-integrated PV that seamlessly embeds solar panels into the carport structure.

"This integrated approach not only blends renewable energy (RE) generation with architectural design but also maximises efficiency,” it said in a statement.

The energy and environmental solution company added that the system is expected to significantly reduce the facility’s reliance on conventional electricity, generate long-term cost savings and reinforce HICOM Automotive’s commitment to sustainable manufacturing practices.

Commenting on the partnership, Malakoff managing director and group chief executive officer, Anwar Syahrin Abdul Ajib, said Malakoff remains focused on strengthening its RE portfolio through strategic partnerships that deliver long-term value and operational efficiency.

"This collaboration exemplifies how large-scale industrial players can move beyond sustainability pledges to meaningful climate action - embedding RE into core operations and generating measurable impact across the supply chain,” he said.

The company said the second phase follows the successful implementation of the first phase project with an installed capacity of 2.0 MWp rooftop solar PV system at HICOM Automotive’s manufacturing facility in Pekan, Pahang, which achieved its commercial operation date on July 1, 2022.

"To date, the first phase has made a significant contribution to HICOM Automotive’s sustainability goals by reducing grid electricity consumption by approximately 7.0 gigawatt-hour and avoiding nearly 5,489 tonnes of carbon dioxide equivalent in emissions, which is equivalent to around 261,000 trees,” it added. - Bernama

 

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