top of page
PS logo(black).png
Writer's pictureProgressture Solar
Jul 262 min read

IJM Land and Progressture Solar Sign MoU on Solar Deployment

KUALA LUMPUR, Malaysia, 9 July 2024: IJM Land Berhad (IJM Land) and Progressture Power Sdn Bhd (Progressture Solar) have signed a memorandum of understanding to jointly explore business opportunities in maximising deployment for a total capacity of 40 megawatt peak (MWp) of solar energy in IJM Land’s future developments.


From left: Mr Ng Yew Weng (Progressture Solar Co-Founder, COO), Mr Cliff Siaw (Progressture Solar Co-Founder, CEO), Datuk Wong Tuck Wai (IJM Land CEO), Datuk Tony Ling Thou Lung (IJM Land COO)


The scope of the partnership encompasses the pre-installation of solar rooftop photovoltaic (PV) systems with a capacity of 25 MWp for residential developments, along with the options for enabling homeowners to benefit from this implementation. The partnership also includes the development of a 15 MWp floating solar farm spanning 37.5 acres at IJM Rimbayu.


Cumulatively, this solar deployment is projected to reduce 40,997 tonnes of carbon dioxide each year and over one million tonnes in the next 25 years.



“We are honoured to collaborate with IJM Land to shape the future of sustainable urban development and accelerate the energy transition. As an end-to-end solar PV solution and service provider, we play a dynamic role in the integration of RE best practices for the real estate sector. We aim to strengthen this industry-wide movement by employing technologies that support advanced solar PV systems and optimised energy yields,” Cliff Siaw Sze Hau, Co-Founder and Chief Executive Officer of Progressture Solar said.


“This partnership directly supports Malaysia's goal of achieving a 40% renewable energy mix by 2035. It is a testament to our commitment to advancing RE solutions, highlighting the crucial role that clean energy plays within the real estate sector. As a leading clean energy provider in Malaysia, we are excited to partner with IJM Land on this transformative venture," stated Ng Yew Weng, Co-Founder and Chief Operating Officer of Progressture Solar.


The partnership is set to be operationalised in line with the implementation of the third-party access for the nation’s electricity supply industry, which will enable other parties such as independent power producers to supply energy using Tenaga Nasional Bhd’s transmission lines.


Check it out in the news:


123 views0 comments

Comments

bottom of page