GIG Portfolio Company Blueleaf Energy Signs Rooftop Solar PPA with Bosch Malaysia

• Blueleaf Energy has commenced supply of power from a rooftop solar system under its first corporate power purchase agreement (PPA)
• The solar plant supplies power to Robert Bosch (M) Sdn Bhd (Bosch) at its automotive electronics plant in Penang, Malaysia.

GIG portfolio company Blueleaf Energy has completed the construction and reached energisation of its first corporate PPA rooftop solar power plant in Penang Malaysia, providing renewable energy to the automotive electronics plant of Robert Bosch (M) Sdn Bhd (Bosch).

The power generated by the 3 MW plant is provided on a self-consumption basis with the opportunity for Bosch to sell excess generated energy back to the grid under Malaysia’s NEM (Net Energy Metering) scheme.

Fulfilling its commitment to clean renewable energy, Bosch dedicated a rooftop area of 24,500 m2 for installation of around 7,500 solar panels. Blueleaf Energy is contracted to supply power and will own and manage the photovoltaic asset. Greencells Energy Asia Pacific also participated in the project as the Engineering, Planning and Construction (EPC) contractor.

Blueleaf Energy is a portfolio company owned by Macquarie’s Green Investment Group (GIG), operating on a standalone basis. It’s mission is to develop, deliver and operate safe, high quality, ethical onshore renewable energy projects, delivering a greener energy mix and lower power bills.