Cleantech Solar Enters Partnership with Konica Minolta in Malaysia

Cleantech Solar, a leading provider of renewable energy solutions to corporations in Southeast Asia and India, announces the commissioning of a 3.4 MWp rooftop solar PV system at the manufacturing facility of Konica Minolta Business Technologies (Malaysia) Sdn. Bhd. in Malacca, a subsidiary of the Japanese multinational technology company Konica Minolta, Inc. (Konica Minolta). Under a long-term Power Purchase Agreement (PPA), Cleantech Solar will provide full turnkey financing, designing, installing, maintenance and operation of the PV system across the period of the agreement.

This partnership between Cleantech Solar and Konica Minolta is expected to generate approximately 66 GWh of clean energy during the system’s lifetime, equivalent to a reduction of nearly 52 kilotonnes of CO2 emissions. The solar PV system will contribute to the multinational company’s sustainability efforts in Malaysia, powering a part of their operations with clean, renewable solar energy.

Mr. Yoshiyuki Atarashi, Managing Director of Konica Minolta Business Technologies (Malaysia) Sdn. Bhd., said: “Konica Minolta joined RE100 in January 2019, a global leadership initiative that brings together businesses committed to sourcing 100% renewable energy for their operations. Konica Minolta aims to procure 100% of the power used in its own business activities from renewable energy sources by 2050. Malaysia is a tropical country, located strategically for obtaining sunlight throughout the year and is therefore perfect for solar panel installation. We are glad to be in a cooperative partnership with Cleantech Solar to develop this 3.4 MWp solar project, as we aim to expand our use of renewable energy and contribute towards reducing CO2 emissions.

As a manufacturer practicing Sustainable Development Goals (SDGs), we always promote and engage in many activities to reduce CO2 emissions at our production sites with a variety of energy conservation support programs that comply with Konica Minolta Environmental Policy. In the long term, we aim to achieve energy savings with stable supply and simultaneously minimise global warming concerns from daily operations.”

Mr. Sachin Jain, CEO of Cleantech Solar, said: “It is heartening to see industry leaders readily embrace renewable energy and we are glad to be Konica Minolta’s trusted solar partner in Malaysia, helping them further their sustainability goals with our state-of-the-art solar PV system. In keeping with the company’s focus on sustainable growth, this switch to cost-competitive solar power at zero capital investment will help them reduce emissions significantly whilst improving their bottom line. Congratulations to both teams on this partnership!”