MoU signed to generate 500 MW of solar power in Malaysia

Malaysia-based Malakoff Corporation Bhd has signed a memorandum of understanding (MoU) with MMC Group of Companies-owned ports to generate 500 MW of solar power as part of the Corporate Green Power Programme (CGPP). The ports include the Northport (Malaysia) Bhd, Johor Port Bhd, Pelabuhan Tanjung Pelepas Sdn Bhd and Penang Port Sdn Bhd.

Under the partnership, Malakoff will be the solar power producer and MMC Ports will be the corporate consumer. This will allow the ports to tap into renewable energy (RE) through a virtual acquisition of solar power. Additionally, under the self-consumption (SelCo) rooftop solar programme, Malakoff will manage the installation, operation and maintenance of the solar photovoltaic (PV) system.