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TNB empowers SMART Modular Technologies to achieve 100 pct renewable energy

SGH Chief Operating Officer & Smart Modular Technologies President, Jack Pacheco (third left); and GSPARX Sdn Bhd Managing Director, Elmie Fairul Mashuri (third right) are holding the SARE signed documents. Together with them are SMART Modular Technologies General Manager of Finance, Foo Li Lin (extreme left); SMART Modular Technologies Vice President, Vejay Kumar (second, left); Penang State Executive Councillor for Infrastructure and Transport, Zairil Khir Johari (centre); TNB's Head of State Retail (Penang), U. Ananda Rani (second right); and General Manager (Stakeholder Affairs – Penang), Haji Ismail Lathifi (extreme right). Credit: TNB

KUALA LUMPUR, Nov 12 (Bernama) -- Tenaga Nasional Bhd's (TNB) wholly-owned subsidiary, GSPARX Sdn Bhd, has formed a partnership with SMART Modular Technologies Inc. (SMART) to enable SMART to meet its environment, social and governance (ESG) commitment to attain 100% electricity powered by renewable energy.

Via this collaboration, SMART becomes the first multinational corporation in Penang and the first US-based electronics company in Malaysia to achieve this milestone, a joint statement from TNB and SMART said today.

This will be achieved at SMART’s Seberang Jaya operations, its primary manufacturing plant in the region. The ESG milestone is the result of implementing a solar rooftop solution and a Green Electricity Tariff (GET) provided by TNB.

GSPARX managing director Elmie Fairul Mashuri said the partnership with SMART to address its ESG goals sets an example for other MNCs in Malaysia to embark on similar initiatives to reduce their own carbon footprint.

“Once we complete the solar installation, SMART will be capable of delivering 1,496 MWh of solar energy annually,” Elmie said.

He said the total carbon offset is 5,403 metric tonne per year, equivalent to 99,128 tree seedlings growing for 10 years when the Green Electricity Tariff and the solar rooftop solutions are used together.

Meanwhile, Smart Modular president, Jack Pacheco said to achieve 100 per cent renewable energy, 80 per cent will be achieved via SMART’s subscription to TNB's green tariff with a total subscription of 6.96 GWh annually.

“The remaining 20 per cent is to be powered by GSPARX’s rooftop solar photovoltaic installation with a capacity of 1,051kWp under a Supply Agreement of Renewable Energy,” he said.

To date, GSPARX has successfully secured 287 projects with commercial, industrial and government organisations, generating 232 MWp of solar capacity in total.

-- BERNAMA

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