Displaying items by tag: Keppel Asia Infrastructure Fund

Malaysia/Singapore: Pan-United Corporation has signed a new contract with renewable power provider Cleantech Solar. With the support of Keppel, Keppel Asia Infrastructure Fund and Shell Singapore, the partners will install 900 solar panels at Pan-United Corporation sites, including its Johor slag grinding plant in Malaysia. The building materials producer is executing the project as part of an existing three-year memorandum of understanding (MoU) with Shell Singapore for the decarbonisation in the built environment. Commissioning of Pan-United Corporation’s new solar power capacity is scheduled later in 2024.

Pan-United Corporation CEO May Ng said “We are delighted that our partnership with Shell has advanced our efforts to adopt renewable energy solutions, which are crucial in reducing our operational carbon emissions. Industry partnerships to leverage collective strengths is a sure way to decarbonisation. Solar deployment in collaboration with Cleantech Solar supports our efforts in contributing to the sustainability goals under the ‘Energy Reset’ pillar of the Singapore Green Plan 2030 and brings us closer to our sustainability target of becoming a carbon-neutral ready-mix concrete company by 2050.”