TNB to Buyback Solar Power From Ain Medicare and TATI University College

KUALA LUMPUR: Tenaga Nasional Bhd has expanded its solar panel installation and buyback of renewable energy with a phamaceutical and university.

TNB's wholly-owned unit GSPARX Sdn Bhd (GSparx) today inked a supply agreement for renewable energy (SARE) with Ain Medicare Sdn Bhd and TATI University College to install solar panels on their rooftops, capable of generating 3,131.5 kilowatt peak (kWp) and 999 kilowatt peak (kWp) respectively.

Solar power systems are given a rating in kWp because it measures energy at peak performance, namely at noon on a sunny day.

There is no generation of solar power when the skies are cloudy and during night time.

Ain Medicare chairman Datuk Wan Ariff Wan Hamzah and TATI rector Prof. Dr. Anuar Ahmad signed the solar energy supply agreements with TNB chief retail officer Megat Jalaluddin Megat Hassan and TNB chief ventures officer cum GSparx director Datuk Nor Azman Mufti.

“The installation of solar panels for both companies is expected to complete in April 2020,” said Nor Azman.

Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC) Yeo Bee Yin, TNB chairman Tan Sri Leo Moggie and TNB president and chief executive officer Amir Hamzah Azizan witnessed the signing of the agreements, at the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2019, here, today.

GSparx will install solar panels at Ain Medicare's pharmaceutical factories in Kota Bharu, Kelantan with a capacity of 2,533.5 kWp and in Kulim, Kedah with a capacity of 598 kWp.

Aannually, Ain Medicare is estimated to be able to generate 3.315 million kilowatt (kWh) energy and an accumulated savings of RM 17.7 million, across 25 years.

GSparx will also install solar panels at TATI University College campus in Kemaman, Terengganu. Annually, the campus is estimated to be able to generate 1.306 million kilowatt (kWh) and reap potential savings of RM6.24 million, in 25 years.