Blueleaf unit signs 20-year PPA with Robert Bosch Malaysia

BLE101 Malaysia Sdn Bhd, a unit of Singapore-based Blueleaf Energy Asia Pte Ltd, signed a 20-year power purchase agreement (PPA) with Robert Bosch (Malaysia) Sdn Bhd to provide the company with clean solar energy for its production and warehouse facility in Penang.

BLE, a company that develops, finances, builds and maintains solar projects, will own the solar plant and will be responsible for the design, construction and asset management of the 3MWp power facility.

“We are excited to form a longlasting partnership with BLE. It is an important milestone in our pursuit to reduce CO2 output not only in Malaysia, but globally.

“This is in line with our four major levers, namely to increase energy efficiency, increase the proportion of renewables in its energy supply, buy more green power, and offset unavoidable carbon emissions,” said Robert Bosch Malaysia managing director Simon Song in a statement yesterday.

Under the deal, Greencells Energy Asia Pacific, which is part of the German Greencells Group, will execute the project as the engineering, procurement and construction contractor.

The system is expected to supply power to Robert Bosch in the second quarter of this year, aiming to produce 4,500MWh of clean energy per year.

This is equivalent to powering 900 households in Malaysia while reducing annual CO2 emissions by 3,300 tonnes.

“The project demonstrates how corporations have an increasing impact in shaping clean energy markets and how they can lead by example by transforming the way the world produces and procures renewable energy,” said Blueleaf Energy chief executive officer Marc Lohoff.

According to Bloomberg New Energy Finance, corporations purchased 13.4 gigawatts of clean power in 2018 through long-term contracts, more than doubling 2017’s global total.