, Malaysia
Photo from Solarvest's website.

Solarvest to develop rooftop solar PV for Lotus’s Malaysia

The 7.98MWp solar panels will be installed in 12 stores and one distribution centre.

Clean energy firm Solarvest Holdings Berhad will be the solutions provider for the rooftop solar photovoltaic project in 12 stores and one distribution centre of the hypermarket chain, Lotus’s Malaysia.

In a statement, Solarvest said it was appointed by NEFIN Group the engineering, procurement, construction and commissioning solutions provider for the project which has an estimated capacity of 7.98 megawatts-peak (MWp).

The project is expected to operate by 31 July 2022, barring any unforeseen circumstances.

Solarvest Executive Director and Group CEO Davis Chong Chun Shiong said they are pleased to be reappointed for the second phase of the project.

The repeat contract is a testament to both our quality workmanship and ability to deliver innovative solutions in the solar PV EPCC space. As Malaysia works towards its carbon neutral goal by 2050, we continue to expect conducive policies towards renewable energy to get as many parties involved, as quickly as possible,” he said.

The 7.98MWp project is also expected to offset about 6,633 tonnes of carbon emissions annually, equivalent to planting around 301,000 trees, it said.

Solarvest was tapped by NE Suria Satu Sdn Bhd, the joint-venture company of PETRONAS and NEFIN Group for the completion of the first phase of the project where it installed solar panels at 15 hypermarkets, then known as Tesco, across peninsular Malaysia.

With the new project, Lotus’s Malaysia will now have a total of 27 solar-powered outlets which is the most amongst hypermarket brands in the country.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

India’s Rajasthan and Gujarat need policy reforms to fuel RE transition
Some steps they could take are implementing green tariffs and setting infrastructure funds.
Global clean energy tech market to hit $2t by 2035
This is fuelled by investments as countries aim to enhance energy security.The global clean energy technology market is projected to grow from $700b in 2023 to over $2t by 2035, nearing the scale of the crude oil market, according to the International Energy Agency (IEA).This growth is fuelled by significant investments in clean technology manufacturing as countries aim to enhance energy security, maintain economic competitiveness, and cut emissions. Investment is concentrated in regions with established positions in clean energy, particularly China, the European Union, the UK, and increasingly, India.Whilst the US, EU, and India have taken measures to support their clean energy sectors, China is expected to remain the world's manufacturing hub. By 2035, China's clean technology exports are forecasted to exceed $340b—comparable to projected oil export revenues from Saudi Arabia and the UAE.Southeast Asia, Latin America, and Africa contribute less than 5% of global cleantech production value, yet the IEA suggests that these areas still hold opportunities within the clean energy economy. Developing economies, for instance, could leverage competitive advantages to advance in the value chain beyond resource extraction.The IEA said Southeast Asia could become one of the most cost-effective regions for producing polysilicon and wafers for solar panels over the next decade.

Exclusives

Coal-dependent ASEAN told to scale up RE generation
A regional power grid could help governments in their renewable energy transition.
Indonesia told to tap communities in clean energy transition
Solar and wind power managed by villages could generate 96 million jobs over 25 years.
Indonesia to add 90 MW geothermal capacity
Three power plants in West and East Java and North Sumatra will start operating this year.