Cleantech Solar, a leading provider of renewable energy to corporations in Asia, celebrates the completion of a solar PV system for Kotra Pharma (M) Sdn Bhd, a wholly-owned subsidiary of Kotra Industries Bhd, which is listed on the main board of Bursa Malaysia. The solar project was awarded to Cleantech Solar under a long-term power purchase agreement (PPA) where Cleantech Solar would be responsible for funding, building, operating and maintaining the system across the term of the agreement.
The solar system retrofitted on the facility is a great addition to Kotra Pharma’s world-class manufacturing and research plant. The plant, which is the hub for Kotra Pharma’s R&D and manufacturing activities, is designed with state-of-the-art technology as well as advanced pharmaceutical process equipment. The 600 kW solar system is expected to generate about 790 MWh electricity in the first year.
Mr. Piong Teck Onn, Managing Director of Kotra Pharma, said:
“Kotra Pharma recognizes the importance of embedding sustainability practices into our daily operations from the economic, environmental and social perspectives.
We strongly believe that every individual has the right to a quality and accessible healthcare. We are trying to contribute to that by earning the trust of our customers.
We built that trust on technology, quality and safety. In line with this, we are pleased to see that we have made the right choice by selecting Cleantech Solar for this long-term partnership.”
“Cleantech Solar remains focused on providing companies in the forefront of sustainability with cost-competitive, reliable and high performing solar solutions. Building on our solid track record in Malaysia and across Asia, we will continue to help corporations like Kotra Pharma reap the full benefits of solar,” said Raju Shukla, Cleantech Solar Founder and Executive Chairman.