International solar developer ib vogt has secured a significant project through the Corporate Green Power Programme (CGPP) in collaboration with Samsung SDI Energy Malaysia. The CGPP, initiated by the Energy Commission, facilitates virtual power purchase agreements for corporates to access renewable energy for their sustainability objectives. Samsung SDI Energy Malaysia, a subsidiary of the Korean multinational, will benefit from ib vogt APAC’s delivery of 29.99 MW AC-capacity of solar energy. This venture marks a crucial step for Samsung SDI in achieving its emissions reduction targets.
The clean energy will be sourced from a 40 MWp DC-capacity solar power plant being developed by ib vogt in Malaysia’s Kuala Muda District. The solar farm is equipped with advanced bifacial solar modules on a single-axis tracker system, designed to optimize performance. Anticipated to commence construction in mid-2024, the project is expected to yield solar electricity equivalent to the annual consumption of around 15,000 households, thereby reducing CO2 emissions by up to 35,000 tons annually.
David Ludwig, the Managing Director of ib vogt APAC, emphasized the significance of Malaysia and Samsung SDI’s leadership in decarbonizing the energy supply chain. He highlighted the role of ib vogt in assisting corporations like Samsung SDI in achieving their renewable energy objectives. The development of the project will involve ib vogt’s Malaysian partners, with the company also handling project financing, EPC-Management, and Asset Management services.
The project’s advanced development stage aligns with ib vogt APAC’s goal to have 1 GW of projects under construction and operation by 2025. The collaboration underscores the continued drive towards clean energy transition and sustainable practices.