The new high-tech manufacturing plant in Kulim Hi-Tech Park, currently under construction, will be supplied with solar energy by NUR Power. This is an important step in the strategy of AT&S to become CO2 neutral.
Sustainability is a cornerstone in the strategy of AT&S. Thus it is a milestone that energy for its new high-tech production facility in Kulim, Malaysia, will come from renewable sources. AT&S announced today that it has entered into a Memorandum of Understanding (MoU) with NUR Power, the dedicated Independent Power Utility for Kulim Hi-Tech Park (KHTP), to procure supply of renewable energy (RE) for its upcoming Malaysian plant in KHTP, Kedah, Malaysia. Construction for this high-end IC Substrates manufacturing plant is ongoing. It is expected to be operational in 2024. AT&S is investing RMB8.5 billion (€1.7 billion) to set up this new facility.
Under the MoU Framework signed between the two companies, NUR Power will be providing solar energy for AT&S Kulim plant of 25MW in 2023 and up to 75MW by 2026 through a Power Purchase Agreement for a period of at least 21 years. The committed solar energy is traceable and it will account for 30 percent of the annual energy consumption for the plant in the beginning, with the potential of higher contribution of renewable energy (RE) in the future. In view of the fast track development of the AT&S Kulim plant, both parties will work closely to ensure successful solar RE connection and the necessary capacity within the projected timeline.
Andreas Gerstenmayer, CEO of AT&S, applauds the move, as “AT&S subscribes to the principles of Environment, Social and Corporate Governance (ESG). Therefore, it is a very important step for us to acquire solar energy to run our Malaysian plant at Kulim Hi-Tech Park. We aim to achieve CO2 neutrality for the production in KHTP and aspire to achieve a caring and green company status. We see this step necessary as we commit to reduce our ecological footprint and to steward a greener environment for future generation.“
NUR Power’s Managing Director, Ikwan Hafiz Jamaludin, expresses his affirmation and says, “NUR Power lauds AT&S’ ESG commitment and is proud to be part of their RE CO2 neutrality effort. Our commitment to invest in solar energy forms part of NUR Power’s RE initiatives for our valued customers. As ESG will be driving future investment requirements for foreign and domestic investors alike, we will be focusing on efforts to increase RE supply while continuing to ensure high power quality and reliability in KHTP”.