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Sime Darby Property Deploys Solar Solutions for Creating Green Township in Malaysia
With a successful pilot project paving the way, this initiative could be extended to 10,000 future Sime Darby Property homes to be rolled out in the next five years.
July 31, 2023. By EI News Network
Sime Darby Property is exploring rooftop solar solutions with 1,000 residential landed units as a pilot in the City of Elmina, Shah Alam, leading the way for green townships and further carbon emissions reduction.
In line with the National Energy Transition Roadmap (NETR) Phase 1 introduced by Minister of Economy, YB Mohd Rafizi Ramli at the Invest Malaysia KL 2023 Special Series, Sime Darby Property Berhad outlined its support for the Malaysian Government’s vision to attain 70 percent RE generation capacity by 2050.
Sime Darby Property’s Group Managing Director, Dato' Azmir Merican stated, "In the face of global energy transition, our commitment goes beyond maximising the value of our assets; it is about shaping the future. This venture into renewable energy creates diverse revenue streams, and ushers in an era of sustainable growth for Sime Darby Property and our investors".
With a successful pilot project paving the way, this initiative could be extended to 10,000 future Sime Darby Property homes to be rolled out in the next five years.
Dato' Azmir added, "This is not just about energy generation, it is about creating an ecosystem where supply from previously-unutilised rooftops of homes built by Sime Darby Property is harnessed to meet the increasing demand for green energy. Under this model, rooftops are leased from home buyers for the installation of solar solutions. Solar energy generated are off taken within the township by high-demand users from the retail/commercial or industrial sector".
Sime Darby Property is Malaysia’s property developer with more than 50 years of experience in building sustainable communities.
In line with the National Energy Transition Roadmap (NETR) Phase 1 introduced by Minister of Economy, YB Mohd Rafizi Ramli at the Invest Malaysia KL 2023 Special Series, Sime Darby Property Berhad outlined its support for the Malaysian Government’s vision to attain 70 percent RE generation capacity by 2050.
Sime Darby Property’s Group Managing Director, Dato' Azmir Merican stated, "In the face of global energy transition, our commitment goes beyond maximising the value of our assets; it is about shaping the future. This venture into renewable energy creates diverse revenue streams, and ushers in an era of sustainable growth for Sime Darby Property and our investors".
With a successful pilot project paving the way, this initiative could be extended to 10,000 future Sime Darby Property homes to be rolled out in the next five years.
Dato' Azmir added, "This is not just about energy generation, it is about creating an ecosystem where supply from previously-unutilised rooftops of homes built by Sime Darby Property is harnessed to meet the increasing demand for green energy. Under this model, rooftops are leased from home buyers for the installation of solar solutions. Solar energy generated are off taken within the township by high-demand users from the retail/commercial or industrial sector".
Sime Darby Property is Malaysia’s property developer with more than 50 years of experience in building sustainable communities.
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