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S P Setia Bhd & Tenaga Nasional Bhd started their green initiative partnership by installing solar panels at the corporate headquarters of the developer at Setia Alam, Shah Alam. This is the first phase in S P Setia’s green initiatives with TNB.
S P Setia’s President and CEO, Datuk Choong Kai Wai, S P Setia’s Chief Strategy Officer, Lindayani Tajudin, TNB’s chief customer service officer of government and large business at retail division, Nasaruddin Mohd Zaini and TNB’s Chief Retail Officer, Datuk Megat Jalaluddin Megat Hassan signed the commencement rollout.
This installation was made possible by a memorandum signed on April 12, 2022, to provide smart, renewable energy solutions for the developer’s projects.
Choong said, “For [S P Setia], we will strive to build infrastructure that will generate clean and renewable energy into the homes, offices, and commercial properties we live or work in. We aim to have all our future developments be solar-ready, battery-ready and electric-vehicle-ready.”
S P Setia appointed GSPARX Sdn Bd, a wholly-owned subsidiary of TNB to supply about 10MWp rooftop solar panels to power its commercial buildings. This will reduce the emission of up to 9,053 tonnes of carbon dioxide annually. For 1kWp of solar panel, an estimated RM3,000 is being invested.
S P Setia’s green agenda includes the installation of solar panels. This infrastructure will allow for efficient energy billing and sustainable living.
Megat Jalaluddin said, “TNB is supportive of S P Setia’s ambition to fulfil their ESG (environmental, social and governance) goals as we extend our full commitment to delivering our rooftop solar solutions to the first seven identified commercial assets, starting with their corporate office in Setia Alam. Once the installation at all seven premises is completed, the total carbon sequestered will be equivalent to about 150,000 tree seedlings grown for 10 years.”