PETALING JAYA: Tenaga Nasional Bhd (TNB), via wholly owned subsidiary GSPARX Sdn Bhd, has formed a partnership with Smart Modular Technologies Inc to enable the latter to meet its environment, social and governance (ESG) commitment of attaining 100% electricity powered by renewable energy.
Through the collaboration, Smart, a division of Nasdaq-listed SGH and a global leader in memory solutions, solid-state drives, and hybrid storage, becomes the first multinational corporation in Penang and the first US-based electronics company in Malaysia to achieve this milestone.
This will be achieved at Smart’s Seberang Jaya operations, its primary manufacturing plant in the region. The ESG milestone is the result of implementing a solar rooftop solution and a Green Electricity Tariff (GET) provided by TNB.
GSPARX Sdn Bhd managing director Elmie Fairul Mashuri said TNB is always ready to help organisations in all economic sectors achieve their green agenda by forming partnerships, in line with TNB’s ongoing efforts to achieve its own ESG targets and ensuring continued business growth.
“Once we completed the solar installation, SMART will be capable of delivering 1,496 MWh of solar energy annually. With the combined solution of GET and the rooftop solar installation, the total carbon offset is 5,403 metric ton per year, equivalent to 99,128 tree seedlings growing for 10 years.”
To achieve the 100% renewable energy aspiration, 80% will be achieved through SMART’s subscription to GET with a total subscription of 6.96 GWh annually. The remaining 20% to be powered by GSPARX’s rooftop solar photovoltaic installation with a capacity of 1,051kWp under a Supply Agreement of Renewable Energy.
To date, GSPARX has secured 287 projects with commercial, industrial & government organisations, generating 232 MWp of solar capacity in total. Among them are Mydin Mohamed Holdings Bhd, Sime Darby Properties, Public Works Department, Kuala Lumpur City Hall, Johor Bahru City Council, Seremban City Council, Ipoh City Council, Universiti Putra Malaysia, Tun Hussein Onn University Malaysia, Tati University College, Perak Transit Bhd, Lumileds, SKF Bearing, CJ Bio, Spirit Aerosystems and Primula Hotel Beach.
