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Solarvest plans to forge green innovations across industries

Solarvest plans to forge green innovations across industries

28 Nov 2022

Solarvest Holdings Bhd (SHB) unveiled a new brand promise, ‘Energising the Next’, to expedite its transformation into a regenerative clean energy expert and accelerate the world’s decarbonisation journey into a net-zero future.

The three brand pillars encapsulate SHB’s aim of establishing a resilient and sustainable ecosystem while maximising the potential of all stakeholders and creating continuous value for many generations to come.

The company also unveiled a new logo to represent SHB’s moving forward aspirations of Planet, People & Progress.

As the world strives for net-zero emissions by 2050, SHB is committed to energising people on their decarbonisation journey.

As such, SHB plans to engage in green innovations encompassing energy efficiency solutions, electric vehicle infrastructure, renewable energy certificates (REC), battery energy storage systems (BESS), and green hydrogen and to incorporate other renewable energy sources such as hydropower and biogas.

Executive Director and group chief executive officer Davis Chong Chun Shiong said the company’s 10th-anniversary celebration commemorates the important milestone of SHB’s journey from a startup in the solar industry to becoming a recognised name as a clean energy specialist.

“Across our ventures in residential, commercial, and industrial, as well as utility-scale projects, we have powered an aggregate of 400 megawatts (MW) of solar capacity all over the country.

“Presently, SHB is developing 50 MW worth of solar assets, which were awarded to us under the large-scale solar (LSS4) scheme.

“Next, leveraging on our expertise in the industry, we are striving for a one gigawatt-peak (GWp) solar capacity installation by 2025,” he said in a statement today.

Davis said that to further solidify SHB’s foothold in the renewable energy space, the company is expanding its capabilities beyond solar by repositioning itself as a regenerative clean energy expert.

“Through our corporate vision of energising a regenerative world, SHB aims to uplift the quality of life and enable meaningful transitions to a net zero carbon economy by making clean energy more reliable, accessible, and affordable.

“With that in mind, SHB is venturing into a vertical expansion across the clean energy ecosystem with green technologies to build a resilient and sustainable ecosystem for future generations to enjoy,” Davis said. 

Source: NST