Since 2012, the Group has invested in solar energy business abroad and locally to support renewable energy development initiatives.
Salcon Power HK Ltd
In 2012, the Group ventured into its first renewable project in the United Kingdom (“UK”) through Salcon Power HK Ltd. The Company invested and built 5MW solar photovoltaic systems in the southern UK, covering over 1,600 residential rooftops from 23 locations. The development is in line with The Department of Energy and Climate Change’s initiative to reduce the UK’s carbon emissions through renewable energy.
Inergist Sdn Bhd
In Malaysia, the Group, through its subsidiaries, Inergist Sdn Bhd (f.k.a. Salcon SER Sdn Bhd) and Satria Megajuta Sdn Bhd, have successfully developed and commissioned the 1.48 MWp solar generating facilities on a build-own-operate (BOO) basis under Net Energy Metering 2.0 programme in 2021. The solar generating facilities are expected to produce approximately 1.8 million kWh of green energy per annum, which is the equivalent of powering 654 households, simultaneously reducing 30,248 tonnes of CO2 emissions throughout the Solar Power Purchase Agreement (SPPA)'s tenure.