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Solarcity Malaysia Sdn Bhd (SMSB) bags 2 solar PV projects in Selangor and Kuala Lumpur from KSK Group. Solarcity is a 70% owned subsidiary of G Capital Bhd. Solarcity will design, construct, install, own, operate and maintain the solar PV projects of 181 kWp and 90 kWp capacity respectively.
G Capital executive director Tan Sri Dr. Ali Hamsa said, “We are here to help businesses, not just manufacturers, on electrical savings via solar PV generation. Installation of the solar PV system at the rooftop of the 10-storey building of KCJ Properties will be our first amongst many to come for high-rise buildings.”
“I do agree that solar PV installation at a 10-storey high rise building may possess higher construction risks compared to low rise buildings. Nonetheless, we shall be able to manage it well with strict safety measures,” he said.
SMSB signed the agreement for 25 years with KSK. These 2 solar PV projects will reduce the carbon footprints of the KSK group and also reduce the energy expenditure of the company.
G Capital Berhad is a public company listed on the Main Board of Kuala Lumpur Stock Exchange with stakes in more than 20 companies from various sectors across the country.