In a significant step towards sustainability, Solarvest Holdings Berhad, a renowned clean energy expert, has secured a momentous contract with Dexcom Malaysia Sdn Bhd to install a 3.6 megawatt-peak (MWp) solar PV (photovoltaic) system at Dexcom’s manufacturing facility in Batu Kawan, Penang. Dexcom, a subsidiary of the US-based DexCom, Inc., a leading provider of continuous glucose monitoring systems, is venturing beyond US borders for the first time with this overseas facility.
The contract entails Solarvest acting as the engineering, procurement, construction, and commission (EPCC) provider for the installation of rooftop solar PV systems at Dexcom’s main building facilities and car park. This 3.6 MWp clean energy generation will enable Dexcom to offset a significant 3,190 tonnes of carbon dioxide emissions, marking a commendable initiative toward operating sustainably in Malaysia.
Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), praised Dexcom’s commitment to sustainable operations, and stated, “We are excited about Dexcom’s commendable initiative towards operate sustainably in our country. Dexcom’s continued investment in enhancing its operations aligns with Malaysia’s ambitious goal of achieving net-zero carbon emissions as early as 2050. This move not only showcases Dexcom’s corporate responsibility but also sets an inspiring example for businesses aspiring to contribute to a sustainable Malaysia. With a heightened focus on Environment, Social, and Governance (“ESG”) principles is expected to stimulate sustainable growth and effectively address the pressing challenges posed by climate change.” He further emphasized, “MIDA is dedicated to positioning Malaysia as the preferred sustainable investment destination by leading players in the global value chain, and it is the presence of strong local players like Solarvest that reinforces our commitment. In line with our National Investment Aspirations (“NIA”) and the New Investment Policy (“NIP”), we aim to foster sustainable growth and a greener future for Malaysia.”
Mr. Davis Chong Chun Shiong, Executive Director and Group Chief Executive Officer of Solarvest, expressed delight commenting, “We are delighted to be entrusted by US-based Dexcom to deliver their very first overseas manufacturing facility in Malaysia with our reliable and efficient clean energy solution. This is expected to contribute towards their overseas expansion ESG initiatives while being able to optimize operational cost.” He further stated, “The growing recognition of sustainability’s significance in business operations has led to a surge in the adoption of clean energy by corporates. As a result, our job pipeline remains strong, with a tender book of approximately 2.5 gigawatts (“GW”) across Malaysia, Taiwan, Philippines, Vietnam, Indonesia, Singapore, and Thailand. We are also targeting to boost our current unbilled order book of RM550.0 million by leveraging on the release of the 800 megawatts (“MW”) solar PV assets quota under the Corporate Green Power Programme (“CGPP”). With more corporations looking to reduce their carbon footprint, Solarvest is committed to providing our customers with clean energy solutions.”
Global Environmental, Health, Safety & Sustainability (EHSS) Senior Director of DexCom, Inc., Meredith Raymond, emphasized Dexcom’s commitment to sustainability. He said, “At Dexcom, we prioritize sustainability and have set forth a comprehensive strategy to reduce our Group’s greenhouse gas (“GHG”) emissions across our operations and supply chain. We actively pursue the implementation of clean energy solutions that help minimize our carbon footprint, aligning with one of our core objectives of promoting environmental responsibility.”