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TNB & S P Setia Sign MoU On Green Energy Initiatives In Malaysia

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Tenaga Nasional Berhad (TNB) has entered into a strategic partnership with S P Setia Berhad (S P Setia) to provide smart energy and renewable energy (RE) solutions as the future main source of electricity to potential buyers of residential and commercial buildings developed by the property developer.

A Memorandum of Understanding (MoU) was signed to enable the installation of a rooftop solar PV system as well as ensuring the properties are future-ready to support the installation of battery solutions in S P Setia’s upcoming residential and commercial development projects. 

It offers customers of S P Setia the option to leverage on the solution once it is commercially available upon the end of the Net Energy Metering (NEM) quota. The premises are also designed to support the installation of EV chargers if the owners decide to install them later.

This initiative is in line with TNB’s Sustainability Pathway and S P Setia’s Environmental, Social, and Governance (ESG) roadmap towards zero net carbon emissions by 2050.

Tenaga Nasional Berhad is the largest electricity utility in Malaysia and a leading utility company in Asia with an international presence in the United Kingdom, Kuwait, Turkey, Saudi Arabia, Pakistan, India, and Indonesia.

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Recently, S P Setia took home three awards at the Malaysia Landscape Architecture Awards (MLAA12) of which two were Excellence Awards for its Essex Gardens, Setia Eco Templer, and Setia EcoHill 2 projects, and an Honour Award for Residensi Vogue 1, KL Eco City (KLEC).

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