December 22, 2024 - Malaysian utility firm Tenaga Nasional Berhad (TNB) and property developer Sime Darby Property Berhad have joined forces in a landmark collaboration aimed at expediting sustainable energy projects within Sime Darby Property’s Township developments.
Sealed through a Memorandum of Understanding (MoU), this partnership marks a significant leap towards advancing Malaysia’s clean energy goals and cementing a commitment to a greener, more sustainable future, TNB said in a statement on Wednesday.
As a prominent sustainable energy solution provider, TNB said the firm is spearheading sustainable energy solutions in township development by strategically partnering with industry leaders like Sime Darby.
It noted that over a two-year period, the firm will focus on implementing diverse sustainable energy initiatives, including rooftop solar installations, electric vehicle (EV) charging infrastructure, and innovative microgrid solutions within Sime Darby Property’s townships.
It said this collaboration echoes TNB’s dedication to pioneering sustainable energy solutions and Sime Darby Property’s commitment to fostering environmentally conscious developments.
It also said this endeavor supports Malaysia’s clean energy objectives, aligning with the National Energy Transition Roadmap (NETR).
It also signifies the commitment of government-linked companies (GLCs) to reducing their carbon footprint, it added.
“This collaboration embodies our shared commitment to drive a sustainable energy transition,
“Through this MoU, we aim to significantly contribute to Malaysia’s clean energy objectives in line with the vision of achieving 70 percent renewable energy capacity by 2050,” said TNB President and Chief Executive Officer Ir. Baharin Din.
According to the statement, this expanded partnership builds upon TNB’s prior collaboration with Sime Darby Property in developing Smart Green Home solutions in Elmina Grove at the City of Elmina in Shah Alam, Selangor, emphasizing a mutual dedication to environmental, social, and governance (ESG) goals.
Expressing enthusiasm about the extended collaboration, Baharin stated this partnership is a testament to the firm’s joint commitment to realizing Net Zero 2050 and implementing sustainable practices within our operations and communities.
He said it cements TNB’s leadership in facilitating a responsible energy transition and highlights our dedication to leveraging innovative solutions for a sustainable future.
“The partnership between TNB and Sime Darby Property represents a significant stride towards cleaner energy in Malaysia, demonstrating our commitment to creating more eco-friendly towns,
“Collaboratively, we lead the way toward a greener future, set an example for sustainable development, and support Malaysia’s goals for a cleaner environment,” he added.
