Malaysian Betamek Bhd, an automotive electronics manufacturing services (EMS) provider, has signed a 25-year PPA with ManagePay Systems Bhd to incorporate solar energy utilisation at its electronic products manufacturing facility in Rawang, Selangor.
As per the solar power purchase agreement (PPA), ManagePay’s wholly-owned unit, ManagePay Resources Sdn Bhd (MRSB), will be responsible for the installation, operation and maintenance of the solar generating facility at Betamek’s Rawang facility with minimum capacity of 515.2-kilowatt peak (kWp). Further, as per the solar PPA, Betamek will pay for the solar-generated power based on electricity tariffs which is a 30% discount of the prevailing tariff rate.
“The installation will come at no cost for Betamek. Further, it will help reduce Betamek’s electricity bill by RM2.1 million to RM2.7 million during the lifetime of the asset,” said Betamek in a statement
Betamek said, “As a one-stop EMS solutions to automotive makers, the potential savings is crucial amid rising electricity generation fuel costs globally that had just made its way into Malaysia this year.”
Betamek MD Mirzan Mahathir informed that the firm is committed towards ESG and the renewable energy (RE) adoption is a step towards the same that will help to minimise health, safety and environmental impact of its operations.
“Other environmental initiatives completed by Betamek include scheduled waste disposal and air emissions monitoring by certified third parties. These small efforts combine to position Betamek as a more competitive player from the ESG (environmental, social and governance) perspective by reducing its carbon footprint and improving efficiency across its operations,” he noted.
“For Betamek, the annual savings in electricity bills range from RM84,000 to RM109,000 or 10.9% to 13.9%, which can be channelled into other things such as our ongoing research and development activities,” he added.
Once it is operational, it is estimated that the installed solar asset will generate one-third of the power demand in Betamek’s Rawang facility.
