Sunview Group Berhad, a renewable energy player involved in, amongst others, engineering, procurement, construction, and commissioning (EPCC) announced that its wholly owned subsidiary, Fabulous Sunview Sdn. Bhd. has embarked on a strategic business alliance with Kulim Technology Park Corporation Sdn. Bhd. (KTPC) for a period of 2 years. KTPC is wholly owned by Perbadanan Kemajuan Negeri Kedah (PKNK) where KTPC is entrusted with the development and management of Kulim Hi-Tech Park (KHTP), a national project funded by the Government of Malaysia.
The scope of collaboration involves promoting and developing potential rooftop and large-scale solar photovoltaic (PV) projects at KHTP where Sunview will act as a technical partner to provide services such as installation of solar PV panels, system mechanical and electrical installation, operations & management services, project management and liaison with relevant authorities for the adoptions of solar renewable energy.
As an immediate next step to promote the partnership, Sunview will be placing two electric vehicle charging stations at KHTP Business Car Park and Sunview’s signage on the rooftop of the KHTP Business Centre building.
Sunview Group Berhad Chief Operating Officer & Executive Director Charlie Chow Kian Hung said, “The strategic business alliance with KTPC will serve as a platform to assist more Malaysian companies in adoptions of renewable energy in KHTP. As of 2021, renewable energy only accounts for 7.0% of Malaysia’s electricity generation capacity, with the strategic business alliance in place, it will act as an entry point for more businesses in KHTP to have access to renewable energy leveraging on Sunview’s expertise and years of experience in the renewable energy industry.”
In line with the Malaysia Renewable Energy Roadmap (MyRER) of achieving a 31% share of renewable energy in the national energy capacity mix by 2025, the Project will enable KHTP to be at the forefront of green energy industrial parks in Malaysia. The Project is also expected to attract more foreign direct investments while creating more job opportunities for KHTP.
Our effort to assist KHTP to transition into Malaysia’s greenest industrial park will not just help in energy savings but also allow businesses in KHTP to adopt Environmental, Social, and Governance (ESG) practices especially when they participate in global supply chain/ trading where ESG is further emphasised. For instance, countries within the European Union (EU) are regulated under Carbon Border Adjustment Mechanism (CBAM) to ensure that imported goods are taxed for their carbon emissions. With ESG practices, businesses will be able to export to the EU without buying CBAM certificates. This creates a win-win situation for the business with savings in electricity and adoption of ESG practices.”
Malaysia Venture Capital Management (MAVCAP) is deemed a substantial shareholder of Sunview Group Berhad with an indirect interest of 11.59% held via Basil Power Sdn Bhd. MAVCAP is wholly owned by the Ministry of Finance Malaysia.
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 projects at Kulim Hi-Tech Park. Sunview will provide technical services and expertise, including installation, operations and management, and project management. The partnership aims to increase Malaysia's renewable energy capacity and attract more foreign direct investment while creating job opportunities.){kind=link}