Ecolite Biotech Manufacturing Sdn Bhd has inked a long-term agreement with TotalEnergies Eneos for a solar PV deal in Malaysia. Ecolite is the subsidiary of Malaysia’s public-listed company Sunzen Biotech Berhad.
As per the deal, Eneos will provide solar photovoltaic system to the facility in Malaysia. This system is likely to power about 10% of the facility with renewable energy. Eneos will fully fund, install and operate the solar system while Ecolite will pay for the electricity generated for 20 years.
According to the company, the PV system could generate around 450 MWh of renewable electricity annually. It would reduce the company’s carbon footprint by about 290 tons of CO2 emissions.
It has been informed that there will be installation of over 660 modules.
Steve Lim, Director of Ecolite Biotech Manufacturing Sdn Bhd was quoted in a statement, “We are committed to sustainable development and growth, so pleased to have partnered with TotalEnergies ENEOS for this milestone project. Aside from translating to cost savings and energy efficiency for us, this is one of our contributions in the fight against global warming.”
Similarly, Elodie Renaud, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia commented, “As the leading provider of solar solutions in the region, we are dedicated to deliver solar solutions that are cost-effective and environmentally friendly. We are pleased to support Ecolite and look forward to collaborating further in the future.”
