TNB, Glomac ink MOU for green energy collaboration

The partnership will focus on floating solar and other green facility development.

Tenaga Nasional Berhad (TNB) and Glomac Technology (GTSB) signed a memorandum of understanding (MOU) to look into business opportunities in floating solar and other renewable facility projects.

In a joint statement, TNB President and CEO Dato’ Indera Ir. Baharin Din said the partnership would allow the companies to meet the rising demand of their customers for green energy.

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Baharin added that this partnership is part of its ESG efforts in its electricity value chain.

Datuk Seri FD Iskandar, Glomac Berhad Group Managing Director/CEO which owns GTSB, said its subsidiary could provide floating solar PV solutions to customers who could not install solar panels on their properties and for them to buy or lease a portion of a solar installation in other sites.