TNB Empowers Smart Modular Technologies to Achieve 100% Renewable Energy
Tenaga Nasional Bhd (TNB), via its wholly-owned subsidiary, GSPARX Sdn Bhd (GSPARX) has formed a strategic partnership with SMART Modular Technologies, Inc. (SMART) to enable the latter to meet its Environment, Social & Governance (ESG) commitment of attaining 100% electricity powered by renewable energy.
Through the collaboration, SMART, a division of SGH (Nasdaq: SGH) and a global leader in memory solutions, solid-state drives, and hybrid storage, becomes the first multinational corporation in Penang and the first US-based electronics company in Malaysia to achieve this milestone.
This will be achieved at SMART’s Seberang Jaya operations, its primary manufacturing plant in the region. The ESG milestone is the result of implementing a solar rooftop solution and a Green Electricity Tariff (GET) provided by TNB.
The SARE was signed by TNB's Head of State Retail (Penang), U. Ananda Rani; SGH Chief Operating Officer & Smart Modular Technologies President, Jack Pacheco and GSPARX Sdn Bhd Managing Director, Elmie Fairul Mashuri at SMART’s office in Seberang Jaya on 20 October 2022. Also present to witness the signing ceremony were Penang State Executive Councillor for Infrastructure and Transport, Zairil Khir Johari, SMART Modular Technologies Sdn Bhd Vice President Vejay Kumar and TNB Stakeholder Affairs – Penang General Manager Haji Ismail Lathifi.
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