With the initiative to support Malaysian government's goal to achieve 20% clean energy, EduCity continues to strive by creating a sustainable future for the EduCity community with the extension of another milestone by signing a Tripartite Agreement on Sustainable Renewable Energy with GSPARX Sdn Bhd and Tenaga Nasional Berhad (TNB) on 29 July 2019, at Hilton Kuala Lumpur, KL Sentral.
|Official Signing Ceremony and photo session at the media conference|
The Sustainable Renewable Energy initiative was led by Digital Pulse, a unit under Iskandar Innovations Sdn Bhd (IISB), a wholly owned subsidiary of Iskandar Investment Berhad on behalf Iskandar Education Enterprise Sdn Bhd (IEESB), the operating entity under EduCity.
Datuk Ir. Khairil Anwar Ahmad, Chairman of EduCity Iskandar Sdn Bhd
was presenting welcoming speech
IISB responsible to spearhead the digital and technology developments in the Iskandar Malaysia region, had identified two (2) main locations in the education hub, namely the Multi Varsity Complex and a stretch of walkway where they respectively generate 152kWp and the latter being 130kWp, resulting in a total of 282kWp. Annually these two locations will generate 344,816kWh/pa.
Dato' Haji Nor Azman Bin Mufti, Chief Ventures Officer, Tenaga Nasional Berhad
was presenting speech
"We are proud to be a part of the agreement as this is an extraordinary opportunity for the generation and future which promote a cleaner environment and an increase productivity of our economy. This is definitely an oppportunity we should seize, and I thank Digital Pulse for sparking the conversation up until the realization of the dream. Kudos to the team!" mentioned by Wan Ahmad Saifuddin Wan Ahmad Radzi, Director of Iskandar EduCity Enterprise Sdn Bhd.
Wan Ahmad Saifuddin Wan Ahmad Radzi, Director of Iskandar Education Enterprise Sdn Bhd
was giving presentation during the media conference
"EduCity is 300-acre fully integrated education hub that hosts top institutes and universities around the world with first-class facilities. This smart partnership is a part of our contribution to the community and our future leaders where the first year of the agreement will see an estimate savings up to RM31,354. Imagine driving back that amount of money for the betterment of the hub and provide a better and more sustainable student experience," added by Wan Ahmad Saifuddin.
Wan Ahmad Saifuddin Wan Ahmad Radzi and Ir. Mohd Yusrizal Mohd Yusof
at media conference Q&A session
Expected to be ready by February 2020, EduCity will also feature a new student hub that is designed to be the main hive for student's activities as it is envisioned to be run by the students for the students. Other exciting upgrades that is in the pipeline for the next one year includes a new warm up pool that will be located at the Aquatic Center (EduCity Sports Complex), a new rugby field and a petrol station.
SARE ~ Supply Agreement for Renewable Energy
The Tripartite Agreement on Sustainable Renewable Energy signed between EduCity, GSPARX Sdn Bhd and Tenaga Nasional Berhad is named SARE ~ Supply Agreement for Renewable Energy. SARE allows Iskandar EduCity to benefit from its onsite solar PV generation at zero upfront cost. With this scheme, Iskandar EduCity will enjoy saving on the electricity bills for a long time.
Under this scheme, Iskandar EduCity can also sell the excess solar energy from the solar PV installation to TNB and obtain energy credit on a 'one-on-one' offset basis to further offset its electricity bills via the Net Energy Metering (NEM) scheme. SARE is presently offered by TNB subsidiary TNBX Sdn Bhd.
The 2 identified locations for solar PV installation
|Multi Varsity Complex|
For this Sustainable Renewable Energy project, TNB had identified 2 sites for solar PV installation, which are at the Multi Varsity Complex at Student Centre and the Walkway. These 2 locations will be installed with 282kWp of solar PV system or equivalent to 345,000kWh/pa kWh of annual energy to supply part of electricity demand for EduCity. This translates into a saving of RM2.22 million for 25 years.
The value of this project goes beyond economic benefit. With solar PV system, Iskandar EduCity will offset greenhouse emission from approximately 960,000 kilometres distance driven by an average passenger vehicle annually.
About Iskandar Investment Berhad
Iskandar Investment Berhad (IIB) is a Catalyst of Change and key player in Iskandar Malaysia's transformation into a regional metropolis of international standing. Incorporated in November 2006, IIB is tasked to ensure Iskandar Malaysia continues its successful trajectory into an attractive investment destination and a vibrant liveable region via catalytic and high-impact projects. IIB focuses on the development of Iskandar Puteri in the education, creative, tourism, leisure, and health and wellness sectors.
IIB's prominent accomplishments include the successful joint ventures and investment partnerships in EduCity, LEGOLAND® Malaysia Resort, Iskandar Puteri, Medini and various other infrastructure projects under the 9th Malaysia Plan in Iskandar Malaysia. IIB is committed to steering economic and environmentally sustainable growth in Iskandar Malaysia and ensuring inclusive developments for local Iskandarians through employment and income opportunities.
For more information on IIB, please visit www.iskandarinvestment.com
|Picture source from: www.iskandarputeri.com/knowledge/educity|
About EduCity Iskandar Malaysia Sdn Bhd
EduCity, a catalyst development driven by IIB is a fully integrated education hub expected to be a feeder of talents to support Iskandar Malaysia's various economic activities whilst grooming future generations of leaders. Partnering with luminaries in education from around the globe, EduCity with its institutes of higher education, R&D centres, student accommodations and recreational and sports facilities is the first of its kind in Asia.
Already in operations with nine local and international education partners, EduCity plays a significant part in developing the education sector of Iskandar Malaysia, along with the education cluster's multiplier effects to the local economy. EduCity is developed by IIB through its wholly owned subsidiary EduCity Iskandar Malaysia Sdn Bhd (EIMSB).
For more information on EduCity, please visit www.iskandarputeri.com/knowledge/educity