Energy Storage News•about 7 hours ago
Data centre developer DayOne signs solar and BESS PPAs in Malaysia with TNB subsidiaries
Key Takeaway
Large power consumers like data centers are increasingly leveraging government-backed schemes and PPAs to secure renewable energy and storage, offering a practical model for decarbonization and energy security.
AI Summary
- •Data centre developer DayOne has signed Power Purchase Agreements (PPAs) for solar and Battery Energy Storage Systems (BESS) in Malaysia.
- •These agreements were executed under Malaysia's government-launched Corporate Renewable Energy Supply Scheme (CRESS).
- •This initiative provides a direct mechanism for large power consumers, such as data centers, to procure renewable energy and storage solutions via government-backed schemes.
Topics
datacenterpolicyppasolarstorage