Samaiden Group Berhad has announced that its subsidiary Samaiden Capital Management Sdn Bhd, successfully secured a 20-year Power Purchase Agreement with Yakult Malaysia Sdn Bhd.
Under the terms of the agreement, Samaiden is set to supply Yakult with renewable energy generated from solar facilities located at two strategic locations – Seremban, with a capacity of 496.26 kilowatt peak (“kWp”), and Glenmarie, with a capacity of 212.22kWp. The group said the 20-year PPA between Samaiden and Yakult serves as a testament to their long-term dedication to solar energy and a broader commitment to environmental stewardship. Throughout the tenure of the agreement, Samaiden will be responsible for the installation, operation, and maintenance of the solar power systems at the designated sites, thereby ensuring a consistent and reliable supply of renewable energy.
Managing Director of Yakult, Mr. Hiroki Yanase, commented on the partnership, “With the changing global scenario, this PPA with Samaiden is a strategic step towards our commitment to combat with climate change and sustainability. We’re excited to see how this partnership will further our green initiatives and support our mission of providing healthy beverages whilst caring for our environment.”
By utilising Samaiden’s proficiency in solar power generation, Yakult stands to significantly reduce its dependence on fossil fuels and considerably lower its carbon emissions by 705.96 tonnes annually. This partnership illustrates the unwavering commitment of both organisations to foster a greener and more sustainable future.
