Malaysian energy and environmental company Malakoff Corporation Berhad has partnered with carmaker HICOM Automotive Manufacturers to work on a solar energy project in Malaysia.
Malakoff announced on Tuesday that its solar energy branch, Malakoff Radiance (MRSB), is growing its work in renewable energy. The company has signed a second solar power agreement with HICOM Automotive to supply clean energy.
The new project will generate 4.22 megawatts of solar power and will be MRSB’s biggest solar setup at one location. It also marks the start of the second phase in the growing partnership between Malakoff and HICOM Automotive.
This new project comes after the successful first phase, installing a 2.0 MWp rooftop solar system at HICOM Automotive’s factory in Pekan, Pahang. That system started operating on July 1, 2022.
So far, the first phase has helped HICOM Automotive move closer to its sustainability goals by cutting down electricity use from the grid by about 7.0 million kilowatt-hours. It also reduced carbon emissions by nearly 5,489 tons—about the same as planting 261,000 trees.
Building on the success of the first phase, the second phase will begin construction in June this year. It will include a more advanced solar system at the same factory, using traditional rooftops and special solar panels built directly into the carport structure.
This combined approach makes the solar setup look better with the building’s design and helps produce energy more efficiently.
The new solar system is expected to reduce the factory’s regular electricity use, save money over time, and show HICOM Automotive’s strong commitment to eco-friendly manufacturing.
“This project is a big step forward for MRSB—not just because of its size, but also because it shows our growing role in helping industries reduce carbon emissions and switch to cleaner energy.”
“The growing energy demands of industrial sectors are placing increasing pressure on our national grid, highlighting the need for smarter, more resilient energy strategies,” Malakoff’s Managing Director and Group Chief Executive Officer, Anwar Syahrin Abdul Ajib, said.
He mentioned that, according to the International Renewable Energy Agency, Malaysia’s energy use is expected to grow by about 2% each year and could almost double by 2050.
“As we move forward, Malakoff is focused on growing its renewable energy projects by forming smart partnerships that provide long-term benefits and improve how we operate.”
“This collaboration exemplifies how large-scale industrial players can move beyond sustainability pledges to meaningful climate action – embedding RE into core operations and generating measurable impact across the supply chain,” he added.
Malakoff is working hard to expand its renewable energy projects while ensuring Malaysia’s energy security is unaffected.
Through its branch, Malakoff Green Solutions, the company has developed a strong renewable energy portfolio with a total capacity of 173 MW.
This includes a variety of projects, such as large solar power plants, solar systems for businesses, small hydropower plants, and building infrastructure for carbon-free transportation.
Read more- The Association Secures 7-Figure Funding to Expand Digital Savings Solutions in Egypt
