TNB Owned GSPARX Collaborates With Trina Solar On Sustainable Energy Solutions

by
TNB Owned GSPARX Collaborates With Trina Solar On Sustainable Energy Solutions

GSPARX Sdn. Bhd, Malaysia (GSPARX), a wholly-owned subsidiary of Tenaga Nasional Berhad, has signed a memorandum of understanding (MoU) with Trina Solar, a global leading PV and smart energy total solutions provider, to collaborate on developing a robust sustainable energy sector in Malaysia.

With the MoU, Trina Solar and GSPARX, Malaysia will commit to establishing a working committee that will push for sustainable initiatives and promote the adoption of renewable energy within the country. Both parties have also agreed to do joint marketing and work collaboratively to explore and unlock new business opportunities that will develop Malaysia’s solar photovoltaic market.

“We have had a longstanding relationship with GSPARX, Malaysia as its solar module supplier for rooftop solar business in Malaysia since 2019. This agreement further strengthens and expands our relationship on a strategic and working level. We are focusing on securing business opportunities for rooftop, floating and grounded-mounted systems, for our mutual benefit and helping Malaysia move towards a green net-zero future” stated Elva Wang, Head of Southeast Asia at Trina Solar during the announcement.

“Under this MoU, Trina Solar will share its international knowledge and technical expertise with GSPARX, Malaysia with regards to smart grid solutions, energy storage systems, etc. This co-operation will enable GSPARX, Malaysia to strengthen its technical in-house capabilities and help, for example, navigate technical challenges in solar rooftop projects,” Wang added.

Malaysia hopes to achieve the target of having a 31% renewable energy share in the national installed capacity mix by 2025, under the Malaysia Renewable Energy Roadmap (MyRER). The MoU between GSPARX, Malaysia and Trina Solar will hopefully contribute towards that goal and become a zero-carbon country by 2050.

If you’re an investor and want to do your part to make the world a greener place, why not consider becoming an eco-conscious investor?

Get free weekly money tips!

*Free of charge. Unsubscribe anytime.
newsletter image