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LBS and MGB partner MGTC to take lead in renewable energy
LBS Bina Group Bhd and its subsidiary, MGB Bhd, plans to collaborate with the Malaysia Green Technology and Climate Change Corporation (MGTC) to drive the country's efforts in green growth, climate change mitigation, and green lifestyle.
LBS Bina Group Bhd and its subsidiary, MGB Bhd, plans to collaborate with the Malaysia Green Technology and Climate Change Corporation (MGTC) to drive the country’s efforts in green growth, climate change mitigation, and green lifestyle.

KUALA LUMPUR: LBS Bina Group Bhd and its subsidiary, MGB Bhd, plans to collaborate with the Malaysia Green Technology and Climate Change Corporation (MGTC) to drive the country’s efforts in green growth, climate change mitigation, and green lifestyle.

The collaboration will establish a consortium comprising LBS, MGB, Midwest Green Sdn Bhd (MWG), and MGTC, with the primary objective of with the primary objective of revolutionising the solar energy landscape by integrating cutting-edge green technologies into the next evolution of solar farming encompassing carbon capture storage, crop cultivation, and water harvesting.

The consortium represents a significant advancement in the field of renewable energy while simultaneously promoting the development of innovative large-scale solar programs.

An exchange of the letter of intent occurred during the International Greentech & Eco Products Exhibition & Conference Malaysia 2023, held at the Kuala Lumpur Convention Centre.

LBS was represented by its executive chairman, Tan Sri Ir. Lim Hock San, while MGB was represented by its group managing director, Datuk Joey Lim Hock Guan, and MGTC was represented by group chief executive officer Ts. Shamsul Bahar Mohd Nor.

The event was witnessed by Deputy Minister of Natural Resources, Environment, and Climate Change Datuk Seri Huang Tiong Sii, in the presence of Solarvest Holdings Bhd group managing director Lim Chin Siu, and its head of commercial utilities director Windsor Khor Thiam Seng.

“We are thrilled to embark on this new era of sustainable energy with MGTC. Our group, bolstered by its expertise, stands at the forefront of the solar farming sector.

“Together, we are shaping a future where renewable energy is not merely a conceptual idea but a tangible and environmentally friendly reality.

“Our unwavering commitment to holistic sustainable development and environmental responsibility is our greatest strength in this endeavor,” Lim Hock San said.

With Solarvest Holding Bhd as the preferred engineering, procurement, and construction contractor, the consortium’s ambitious plans for large-scale programs have been meticulously crafted to redefine industry standards and provide a roadmap for a greener, more sustainable future.

Source: NST

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