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InvestSarawak joins forces with Toyo Engineering to support Sarawak's energy transition in Malaysia

In a bid to embrace sustainable practices, Nibong Tebal Paper Mill Sdn Bhd (NTPM) has partnered with Solarvest Holdings Bhd to implement an additional 8.9MWp solar project. This initiative, valued at RM27 million, aims to power NTPM’s facilities across Nibong Tebal, Penang, and Parit Buntar, Perak, effectively reducing carbon emissions and aligning with national greenhouse gas (GHG) reporting requirements.

The fully operational solar project, which commenced on December 31, 2023, signifies NTPM’s commitment to building sustainability into its operations. Recognized for producing household products such as PREMIER tissue and eco-friendly CUTIE COMPACT tissue, NTPM has actively promoted the use of recycled paper through awareness campaigns. Their eco-friendly tissue paper comprises at least 50% post-consumer waste-recovered fiber, further emphasizing their dedication to environmental responsibility.

Chong Chat (Frankie) Lee, Chief Operating Officer of Project Development and Engineering at Nibong Tebal Paper Mill Sdn Bhd, emphasized the importance of adopting clean energy solutions in pushing forward the nation’s energy transition plans. Lee highlighted that by adopting solar energy, NTPM expects to reduce carbon emissions by approximately 7,365 tons annually, aligning with their five-year target of maintaining carbon emissions below 1000 kg of CO2e per ton of paper.

Davis Chong Chun Shiong, Executive Director and Group Chief Executive Officer of Solarvest, expressed pride in supporting NTPM’s sustainability journey. He underscored the significance of exploring green energy options to achieve Malaysia’s carbon neutrality goal by 2050, citing solar panel installation and carbon accounting measures as crucial steps in decarbonization efforts.

Solarvest, NTPM’s long-term green energy partner, anticipates ongoing collaboration and upcoming projects in line with their shared commitment to environmental stewardship.


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