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Masers unit to invest US$30b in Malaysia
by hlk Wed 28 Sep 2011, 17:37
Masers Energy Malaysia Sdn Bhd, wholly-owned by Masers Energy Inc, plans to set up a "Smart Grid" low carbon project in Malaysia, with a US$30 billion investment over the next 10 years.
Its president Datuk Seri Suhaimi Abdul Rahman said that for a start, the company will set aside US$20 billion to build a 10MW "smart grid city, carbon free city" in Melaka as a pilot project.
"The city is poised to be one of the world’s most sustainable cities.
"The masterplan envisions a development that is zero-waste, carbon-free and carbon neutral, with solar power being the primary energy resource for powering Melaka," he told reporters after a memorandum of understanding (MoU) signing between Masers Energy Malaysia, Trina Solar Pte Ltd and Seagate Global Group.
Under the MoU, Masers will partner with Trina Solar and Seagate to deliver the low carbon project to Melaka and Malaysia.
Suhaimi said the 10MW solar farm in Melaka is expected to reduce carbon dioxide emissions by 15,000 tonnes a year and is set to be the first cost-efficient solar farm in Malaysia. - Bernama
Its president Datuk Seri Suhaimi Abdul Rahman said that for a start, the company will set aside US$20 billion to build a 10MW "smart grid city, carbon free city" in Melaka as a pilot project.
"The city is poised to be one of the world’s most sustainable cities.
"The masterplan envisions a development that is zero-waste, carbon-free and carbon neutral, with solar power being the primary energy resource for powering Melaka," he told reporters after a memorandum of understanding (MoU) signing between Masers Energy Malaysia, Trina Solar Pte Ltd and Seagate Global Group.
Under the MoU, Masers will partner with Trina Solar and Seagate to deliver the low carbon project to Melaka and Malaysia.
Suhaimi said the 10MW solar farm in Melaka is expected to reduce carbon dioxide emissions by 15,000 tonnes a year and is set to be the first cost-efficient solar farm in Malaysia. - Bernama
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