KUALA LUMPUR, July 14 — Tesco Malaysia has announced that 15 out of its 62 stores nationwide will be powered by solar. According to Tesco, they have entered into the largest long-term Power Purchase Agreement (PPA) for solar energy in Malaysia with NE Suria Satu Sdn Bhd (NESS), a joint-venture...
Tesco CEO Paul Ritchie said “The installation of the solar PV panels in 15 out of 62 of our stores is the first phase in Tesco’s renewable energy push. Eventually, we will be able to generate clean, renewable energy at most of our stores and in the process, reduce our carbon emissions.
Tesco has also shared that the solar project will support its parent company, Tesco Group’s goal of becoming a zero-carbon business by 2050. NESS’ Director and Head of Petronas New Energy Dr Jay Mariyappan said, “We are honoured to be awarded Tesco’s first solar project in Malaysia. With the collective capabilities of Petronas and NEFIN, we are confident that we will be able to support Tesco in realising its sustainability goals which ultimately will benefit all of us. This is also in line with our aspiration to be the leading cleaner energy solutions provider.
NESS is a joint venture between Petroliam Nasional Bhd’s subsidiary for its New Energy business in Malaysia, Petronas Power Sdn Bhd and NEFINCO Malaysia Sdn Bhd, a member of the NEFIN Group. Petronas New Energy is Petronas’ renewable business that currently includes M+ which has more than 50MW of solar solutions under development covering commercial and industrial customers in Malaysia.
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