Time Energy, AIMS partner for Malaysia's first community solar initiative for data centres
The initiative allows landed households within a five-kilometre radius of AIMS' Cyberjaya data centre to lease their rooftops to Emit Solar, a solar brand under Time Energy. Emit Solar will install, operate and maintain the rooftop systems, and aggregate the energy generated for sale to AIMS.
Time Energy said AIMS is the first corporate buyer under the CREAM mechanism.
"CREAM enables most households, including those with lower electricity usage, to participate in the country's RE efforts by generating solar energy for corporate buyers, contributing to a cleaner energy mix and earning extra income," it said in a statement today.
Time Energy chief executive officer (CEO) Arjun Arasu said the CREAM model allows households to generate and sell solar energy to corporate buyers.
"We look forward to bringing solar to more homes, so more people can be involved in helping Malaysia achieve its RE goals," he said.
AIMS CEO Chiew Kok Hin said the company aims to reduce the carbon footprint of its data centres by increasing the use of renewable energy.
"CREAM offers an alternative way to source clean energy while encouraging community involvement in the net zero transition and supporting our Environmental, Social and Governance goals," he added.
The MoU was signed in the presence of Anuar Zaki Bakar, undersecretary of the Electricity Supply Division at the Ministry of Energy Transition and Water Transformation (Petra), who represented the ministry's secretary-general.
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