TPM ENGINEERING–GP ENERGY COLLABORATES ON RM36.7 MILLION SOLAR PV FARM PROJECT, TPM OFFERS TECH COMPANIES 30% DISCOUNT RENTAL

TPM ENGINEERING–GP ENERGY COLLABORATES ON RM36.7 MILLION SOLAR PV FARM PROJECT, TPM OFFERS TECH COMPANIES 30% DISCOUNT RENTAL 150 150 farah

KUALA LUMPUR, NOV. 1 Technology Park Malaysia Corporation Sdn Bhd (TPM), the country’s leading technology park, will soon undergo a major upgrading and modernisation of its power systems with the setting up a solar photovoltaic (PV) farm in its campus in Bukit Jalil, Kuala Lumpur.

The 7.4 MW (Mega Watts) capacity solar PV project is estimated to cost RM36.7 million. The TPM-built solar farm will utilise its existing rooftop, buildings, covered car parks and open space to support 70% its total internal power consumption.

It will be jointly undertaken by TPM’s wholly-owned engineering arm, TPM Engineering Sdn Bhd (TPME) in collaboration with Korea’s GP Energy Corporation Ltd (GP Energy), a renowned solar PV manufacturer and service provider.

The project has the support of YB Yeo Bee Yin, Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC) who made the announcement at the recent four-day International Greentech & Eco Products Exhibition and Conference 2018 (IGEM 2018) held from October 17 – 20 at the Kuala Lumpur Convention Centre.

Yeo said TPM’s initiative was commendable as the project also lends support to the national initiative of sustainable and green Malaysia. “We hope this will encourage more Government agencies and the private sector to make full use of their rooftop space to generate renewable energy (RE).”

TPM, an agency of MESTECC, is the first among the Ministry’s 35 agencies to implement such RE and green technology initiative.

TPM President/CEO, Dato Ir. Mohd Azman Haji Shahidin said the project involving a capital investment of RM36.7 million would enable TPM to enjoy a savings of between 75% and 80% on electricity consumption compared to the conventional method.

On the collaboration with GP Energy, he added that TPME will be responsible for the fabrication, design, technical and power network consultancy, while GP Energy will provide financing services in solar technology, Operation & Maintenance (O&M) of photovoltaic power generation and management of the facilities.

“Through this collaboration, we would be able to garner the experience and technology transfer that increases are ability to develop our own solar technology and equipment in the future.

“We strongly believe that our collaboration with GP Energy will bring valuable positive benefits. We are confident that this joint venture will be equally competitive in the marketplace. It will enable us to tap on foreign expertise. At the same time, this will enhance our capability to the next level towards tapping opportunities in the renewable energy and green technology sectors,” explained Azman.

The 7.4 MW solar PV project will involve the powering of 12 buildings (with three car park buildings), two open land spaces and a car park. It covers a total area of 16 acres of space at the TPM campus.

Meanwhile, in efforts to encourage and accelerate the development of renewable energy and green technology, TPM is on a promotional campaign with offerings of a green rate of 30% off incentives on its premises rental for their biotechnology incubation centre (BIC), innovation and incubation centre (IIC), space for enterprise companies and vacant space for micro enterprises and start-ups.

These special incentives, from as low as monthly rental of RM1,300 and RM 2,100 for the BIC and IIC, respectively, are inclusive of free internet, air-conditioning, usage of shared facilities, lab facilities and general maintenance and building security.

In the case of vacant space rental (rentable area of 2,000 to 5,000 sq. ft) for enterprise companies starts from RM2.90 per sq. ft, while that for micro/start-ups (bare space of 500 sq. ft. and below) is priced at RM 2.90 per sq. ft.

Technology Park Malaysia has an integrated infrastructure, facilities and support services to assist technopreneurs and entrepreneurs who are keen to commercialize their ideas in the four industry clusters, namely, ICT, Engineering, Biotechnology and Green Technology.

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