Measuring and evaluating ESG performance in Malaysia

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  • 20 Apr 2021
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Measuring and evaluating ESG performance in Malaysia

A total of RM500 million has been allocated for the investment cost of the floating solar energy project in Tasik Danau Tok Uban here. Kelantan Deputy Menteri Besar Datuk Mohd Amar Nik Abdullah said the project that is integrated with fish farming and tourism has the potential to be the largest solar farm in Southeast Asia. He said the State Government has appointed Kelantan Utilities Mubaarakan Holdings Sdn Bhd (KUM) as the strategic partner to develop the green technology industry in Kelantan. “The floating solar farm is a project undertaken by Cypark Resources Bhd, through its subsidiary Cypark Estuary Solar Sdn Bhd and Cove Suria Sdn Bhd in collaboration with KUM. The floating solar farm consists of 247,830 floating solar panels that can generate 140,000 MWh a year. It can also supply electricity to about 46,480 households and will cut down on about 96,600 tonnes of carbon dioxide a year,” he told reporters after the launch of the floating solar energy project in Tasik Danau Tok Uban today.

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