Solarvest has signed five Corporate Green Power Agreements (CGPAs) under the Corporate Green Power Programme (CGPP), totaling 59.98 MWac. These agreements involve prominent corporations such as Micron Technology and Bursa Malaysia, and include the development of two solar power plants in Lumut, Perak, and Kulim, Kedah. Solarvest will manage these plants, supplying power for 21 years. The CGPP allows corporations to procure renewable energy without on-site installations, supporting sustainability goals through Renewable Energy Certificates (RECs).
Solarvest secures 59.98 MWac in new CGPAs
Solarvest secures five CGPAs under the CGPP, totaling 59.98MWac, partnering with Micron Technology and Bursa Malaysia. (Photo Credit: Solarvest)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)