HomeEnergy efficiency ›Samaiden Group Signs PPA with Yakult to Embrace Sustainability and Promote Clean Energy

Samaiden Group Signs PPA with Yakult to Embrace Sustainability and Promote Clean Energy

Under the terms of the agreement, Samaiden is set to supply Yakult with renewable energy generated from solar facilities located at two strategic locations – Seremban, with a capacity of 496.26kWp, and Glenmarie, with a capacity of 212.22kWp.

July 19, 2023. By News Bureau

Samaiden Group Berhad announced that Samaiden Capital Management Sdn Bhd, a wholly-owned subsidiary of Samaiden, has successfully completed the acquisition of a Power Purchase Agreement (PPA) with Yakult, a globally recognised beverage company.

The PPA underpins the shared commitment of both companies to embrace sustainability and promote clean energy practices.

Under the terms of the agreement, Samaiden is set to supply Yakult with renewable energy generated from solar facilities located at two strategic locations – Seremban, with a capacity of 496.26kWp, and Glenmarie, with a capacity of 212.22kWp.

This significant combined capacity has the potential to address a substantial portion of Yakult’s energy requirements with clean, solar power, underscoring both entities’ commitment to sustainable practices.

The 20-year Power Purchase Agreement (PPA) between Samaiden and Yakult serves as a testament to their long-term dedication to solar energy and a broader commitment to environmental stewardship.

Throughout the tenure of the agreement, Samaiden, as the investor, will be responsible for the installation, operation, and maintenance of the solar power systems at the designated sites, thereby ensuring a consistent and reliable supply of renewable energy.

Highlighting the impact of this partnership on Yakult’s carbon footprint, it is worth noting that the shift towards renewable solar energy will significantly mitigate the company’s carbon emissions.

By opting for clean, solar power, Yakult takes a proactive step towards reducing its environmental impact, affirming its position as a responsible corporate citizen dedicated to sustainability.

Managing Director of Yakult, Hiroki Yanase, commented on the partnership, “With the changing global scenario, this PPA with Samaiden is a strategic step towards our commitment to sustainability. We’re excited to see how this partnership will further our green initiatives and support our mission of providing healthy beverages whilst caring for our environment.”

Managing Director of Samaiden Group, Ir. Chow Pui Hee expressed her delight over the secured PPA, saying, “Ther collaboration enables us to contribute significantly to Yakult’s sustainability initiatives while advancing our mission to promote clean energy solutions. We are confident that our expertise in renewable energy will lead to palpable and positive outcomes for Yakult.”

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