The project was delivered under a long-term Power Purchase Agreement (PPA) signed between Malaysia’s K-Plastics Industries Sdn. Bhd., a subsidiary of Southeast Asia’s top rigid plastic packaging group Dynapack Asia and Cleantech Solar, a leading provider of renewable energy solutions to corporations in Southeast Asia and India.
The solar project has been fully financed, designed, installed and will be operated and maintained by Cleantech Solar. The solar power plant’s 5,734 PV modules are expected to generate over 71 GWh of clean electricity during the lifetime of the project, which is equivalent to offsetting over 41 kilotonnes of CO2 emissions, thereby supporting Dynapack Asia in its goal of becoming Asia’s most sustainable plastic manufacturing company.
The solar PV system can generate electricity up to 85% of the factory production needs during peak hours and on average, covers 20% of KPMY’s annual energy requirements.
This project completion follows the successful partnership of Cleantech Solar and Dynapack Asia Group in Thailand, comprising of two phases of a rooftop solar PV project for Berli Dynaplast in Lopburi for a total of 2.3 MW. Read more: https://cleantechsolar.com/cleantech-solar-and-berli-dynaplast-enter-into-an-agreement-to-install-a-2-3-mw-solar-pv-system-in-lopburi-thailand/
Moreover, Cleantech Solar and Dynapack Asia are considering expanding their partnership in Malaysia, which will be announced shortly.
Sebastien Borne, Head of Procurement & Group Sustainability at Dynapack Asia, said:
“Very happy another solar project for our factories was turned on! And this large installation is truly making a difference in our use of renewable energy, carbon-free.”
Raju Shukla, Founder and CEO of Cleantech Solar, said:
“At Cleantech Solar, we strive to deliver best-in-class service to our customers and I am delighted that Dynapack Asia Group has chosen us as their sustainability partner yet again, this time to power up their factories in Malaysia. Our experienced teams across different markets in the region ensure our customers can derive maximum benefits from our top-of-the-line solar PV solution to suit their specific needs in different markets. Furthermore, with zero upfront or maintenance costs, this solar PV system will help Dynapack Asia focus on their core business activities in a sustainable and cost-effective manner, significantly reducing not just their carbon emissions, but also their energy costs.”
