During our virtual launch event, “Reinventing Energy, Redefine Future”, a collaboration between Plus Xnergy Services (“PXS”) formerly known as “Plus Solar Systems Sdn Bhd” and Yinson Renewables Pte Ltd, a wholly owned subsidiary of Yinson Holdings Berhad, was announced.
“During these challenging times brought upon us by the pandemic, overhead expenses such as electricity bills become a burden to many businesses. Through the synergies created with this collaboration, PXS and Yinson Renewables can offer businesses a chance to significantly lower their monthly electricity bills at zero upfront costs to them.
We are confident that with our experience, having outfitted over 700 buildings, together with Yinson’s strong network and experience in the energy space - businesses in Malaysia and beyond can enjoy great benefits from clean energy solutions”, stated Ko Chuan Zhen, GCEO of Plus Xnergy.
The details of this collaboration were covered by The Star, Bernama and more.
Read the coverage by The Star below:
KUALA LUMPUR: Yinson Holdings Bhd, via its indirect wholly owned unit Yinson Renewables Pte Ltd, has signed a collaboration agreement with Plus Xnergy Services Sdn Bhd (PXS) to jointly invest and develop solar photovoltaic (PV) projects via power purchase agreement (PPA) schemes within and beyond Malaysia.
PXS is a wholly owned unit of of Plus Xnergy Holding Sdn Bhd (Plus Xnergy).
Focusing primarily on commercial and industrial rooftop solar PV projects, Yinson and Plus Xnergy aim to build an asset portfolio of up to 250MW within the next three years.
Media Source: The Star
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The Star - Star BizWeek Pg. 6