博彩平台排名:G Capital commences operations of solar PV system at Muda Paper Mills facility

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KUALA LUMPUR: G Capital Bhd's 70%-owned subsidiary Solarcity Malaysia Sdn Bhd has completed the installation and commenced operations of a solar photovoltaic electric power generation system, in line with the supplemental power purchase agreement (PPA) with Muda Paper Mills Sdn Bhd.

It said in a filing with Bursa Malaysia both Solarcity and Muda Paper Mills have accepted the commercial operation date of the plant to be Sept 15, 2022.

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The project was pursuant to the PPA dated May 30, 2022, wehereby Solarcity was contracted to install the 507.28 KWp solar PV system at 391, Jalan Tasek, Kampung Jawi Sempit, Simpang Ampat, Pulau Pinang.

"The plant will be contributing revenue and earnings to the group over a span of 25 years from Sept 15, 2022, the commercial operation date, in accordance to the agreed terms in the PPA.

"Save for the above, the PPA is not expected to have any material impact on the earnings and net assets of the Group for the financial year ending Dec 31, 2022," it said.


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