JLand Group and Cenergi SEA Berhad have entered a joint venture partnership to undertake an RM140 million investment for the deployment of rooftop solar and energy efficiency solutions to commercial and industrial (C&I) consumers across JLG’s industrial parks in Johor, spanning a total of 11,069 acres.
Both parties have agreed to jointly undertake investments, installations, operations, and maintenance of rooftop solar and energy efficiency solutions. The first phase investments are expected to contribute approximately 13,000 MWh of green electricity generation and 8,000 tons of carbon emission reduction per year by the C&I consumers.
The industrial parks are Senai Industrial Park, Tebrau Industrial Park, Pasir Gudang Industrial Park and Tanjung Langsat Industrial Park.
Cenergi Group CEO, Hairol Azizi Tajudin said “The rooftop solar solutions will help factory owners and businesses at the industrial parks to save up to 30% of electricity cost, while energy efficiency solutions would potentially give another 10% to 20% savings. Businesses will be able to significantly reduce their carbon footprint and achieve an optimum level of the Building Energy Index (BEI), complying with new requirements of the Energy Efficiency and Conservation Act (EECA)
Accessibility and affordability are set to increase exponentially, as predicted by McKinsey’s 2030 solar capacity projections which value 30 times higher than 2006 projections. McKinsey further estimates that by 2026, global RE capacity will
increase more than 80% from 2020 levels, of which two-thirds will be contributed by solar and wind energy with an increase of 150% (3,404 GW).
