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Ann Joo Steel, Solarvest Holdings Successfully Install 3.3 MWp Rooftop Solar PV System in Penang Manufacturing Plant

KUALA LUMPUR: Ann Joo Steel Bhd (AJS), a wholly-owned subsidiary of Ann Joo Resources Bhd (AJR), together with Solarvest Holdings Bhd (SHB), has completed a 3.3 megawatt-peak (MWp) rooftop solar photovoltaic (PV) system installation at AJS’ manufacturing plant in Seberang Perai, Penang.

Signing the completion deal. (From left): Ann Joo Resources Bhd corporate director Loo Ling Hong, group managing director Datuk Lim Hong Thye, Solarvest Holdings Bhd executive director and group chief executive officer Davis Chong, Ann Joo Resources deputy group managing director Datuk Lawrence Lim and Solarvest Holdings business development manager Loo Qiu Xi.

AJS appointed SHB to provide engineering, procurement, construction, and commissioning (EPCC) services to upgrade their 0.6 MWp rooftop solar PV system to 3.3 MWp.

The system is expected to generate approximately 4,040 MWh of clean energy annually, allowing AJS to offset approximately 3,060 tonnes of carbon dioxide annually.

AJR group managing director Datuk Lim Hong Thye said the company recognise the importance of sustainability within the Malaysian iron and steel industry.

“Our continued adoption of green energy solutions demonstrates our commitment to leading the industry towards a more sustainable future.

“As stakeholders’ focus on environmental practices intensifies, we actively integrate green initiatives into our core business operations. This aligns with our long-term commitment to championing clean energy and environmental responsibility,” he said in a statement.

SHB executive director and group chief executive officer Davis Chong Chun Shiong said the iron and steel industry is facing increasing pressure to ramp up its decarbonisation efforts to meet the national net-zero goals by 2050, as nearly 28 per cent of manufacturing emissions and 4 per cent of national emissions come from steel production.

“As advocates for clean energy, we celebrate AJR’s progress in energy transitioning, which shows a dedicated commitment to achieving a more environmentally friendly future together.

“Looking ahead, we are keen to foster new partnerships between the iron and steel industry and clean energy. We are confident in our expertise to support the industry’s decarbonisation,” he said.

Building on their successful 2020 collaboration on a 0.6 MWp solar PV system in Seberang Perai, SHB and AJS are partnering again to upgrade the existing system.

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