Meta Bright Group Berhad has secured a renewable energy supply agreement with Tenaga Nasional Berhad and Surau Perumahan PASDEC II Indera Mahkota to implement a solar photovoltaic (PV) system in Pahang under the Supply Agreement with Renewable Energy (SARE) scheme.
The project involves the installation of a 43.66kWp DC and 36.00kWac solar PV system at Surau Perumahan PASDEC II Indera Mahkota in Kuantan, Pahang.
Under the agreement, its subsidiary FBO Land will design, construct, install, operate, and maintain the solar PV system at its own cost over 20 years. The company will also be responsible for securing all necessary approvals and maintaining insurance coverage for the system.
The solar tariff under the agreement is fixed at RM0.4054 per kWh.
MBGB said ownership of the solar PV system will remain with FBO Land throughout the contract tenure, while TNB will own the solar energy meter. Upon expiry of the 20-year term, ownership of both the solar PV system and the meter will be transferred to the surau for RM1.
The agreement marks the materialisation of a collaboration between MBGB and Koperasi Kakitangan Istana Pahang Berhad (KKIPB), following a memorandum of understanding signed in May 2023.
The partnership was established to explore the implementation of solar PV systems on rooftops of mosques and surau across Pahang under the SARE framework.
MBGB said the project allows the group to expand its participation in the renewable energy sector while generating recurring long-term income.
