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Malakoff and the Malaysian police cooperative signed MoU on rooftop solar projects

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  • 12 Sep 2021
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Malakoff and the Malaysian police cooperative signed MoU on rooftop solar projects

MALAKOFF Corp Bhd and Koperasi Polis Diraja Malaysia Bhd (KPDRM) have signed a memorandum of understanding (MoU) to assess the feasibility of jointly developing rooftop solar projects. The solar projects would be developed at selected PDRM building premises in Peninsular Malaysia. The power generated from these projects will be at a lower tariff than the electricity tariff from the national grid, thus resulting in potential cost savings for PDRM. Malakoff MD and CEO Anwar Syahrin Abdul Ajib said the collaboration is yet another milestone in Malakoff’s expansion in the renewable energy (RE) segment as it embarks on a transformation journey towards decarbonisation by 2050.

All these projects combined will generate 33,243MW hours per annum and neutralise 23,070 tonnes of carbon emissions per year. Malakoff’s accelerated expansion in the solar segment is part of its transformation agenda, aligned with the United Nations 17 Sustainable Development Goals. Malakoff’s unit Malakoff Radiance Sdn Bhd had recently secured six rooftop solar projects with DRB-Hicom Group in addition to its collaboration with the country’s largest mall operator AEON Co (M) Bhd and renowned logistics industry players such as Northport (M) Bhd, Johor Port Bhd and Pos Malaysia Bhd.

Malaysian Reserve