Huasun Collaborates with ITRAMAS to Develop 1.5 GW Solar Projects, Accelerating Malaysia's Clean Energy Transition
Noida, 18 Oct,2024: Huasun Energy announced a significant strategic partnership with ITRAMAS Corporation Sdn. Bhd. (ITRAMAS), Malaysia's largest vertically integrated solar power developer and EPC contractor, to develop 1.5 GW photovoltaic projects. The joint venture announcement is made at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.
With Malaysia's Minister of Economic Affairs YB Tuan Mohd Rafizi Bin Ramli accompanying him, Huasun and ITRAMAS formalized their new collaborative chapter with signed Memorandums of Understanding (MoU). From 2025 forward, Huasun will progressively supply ITRAMAS with high-efficiency modules of 700W+ HJT for large-scale solar energy system market projects. It is a collaborative venture with leveraging the technological innovation and expertise of Huasun, whereby this cooperation is anticipated to strengthen Malaysia's solar supply chain while introducing more state-of-the-art photovoltaic technologies in the country and the rest of the ASEAN region.
With its tropical location and ample sunshine throughout the day, Malaysia is blessed to offer the best natural conditions for generating photovoltaic power on solar. On 24 July 2023, the Malaysian government launched the first version of the NETR. It shows how Malaysia can be zero-carbon by 2050. Under NETR, renewable energy is expected to account for 70% of all forms of energy by 2050 through solar at 58%. That makes one assert that Huasun and many other Malaysian stakeholders have taken much interest in it, which was evident at IGEM 2024.
ITRAMAS is one of the leaders in green technology and renewable energy EPC contractors, developing more than 1.5 GW, operating over 200 MW of solar power projects. Delivering green energy solutions, it utilizes the company's expertise within the sphere of renewable energy, engineering, and infrastructure to support the transition that the nation requires for energy transition. Huasun in total has a production capacity of 20 GW in HJT products and is the world's biggest HJT manufacturer with more than 7 GW of HJT products supplied to over 40 countries. Hungry for further innovations, Huasun's way of thinking fits the ITRAMAS vision: to strive for greener and more efficient energy for an ever-expanding market towards energy transition in Malaysia.
About the companies
Huasun Energy is a renewable energy company that specializes in high-efficiency solar photovoltaic products and solar powered cold storage market. It is the world's biggest manufacturer of heterojunction (HJT) solar modules having 20 GW capacity and regarded as a trailblazer in the innovative approach to clean energy solutions. Their HJT products are excellent in efficiency, longevity, and environmentally friendly compared with conventional PV technologies. Huasun focused on sustainability and technological advancement and had supplied over 7 GW HJT modules to more than 40 countries. The company is committed to supporting the global shift toward renewable energy by providing the cutting-edge solar solutions that support sustainability goals. According to continuous innovation, Huasun will accelerate the assimilation of green energy in the world for a cleaner future.
ITRAMAS Corporation Sdn. Bhd. is Malaysia's leading developer of green technology and renewable energy. The company specializes in EPC services, having been established in 1999 to provide vertically integrated sustainable solutions on high-renewable energy transition in the country. Focus areas include large-scale solar power projects and associated infrastructure developments, giving them an edge in environmental sustainability and energy efficiency. ITRAMAS currently has over 200 MW of solar power projects, and it has another 1.5 GW in the pipeline; hence, it is an integral part of the country's efforts in utilizing the share of renewable energy in its power mix. In addition to renewable energies, ITRAMAS is involved in smart city technologies and offers solutions on smart street lighting, traffic management systems, and environmental monitoring. With a keen commitment to providing innovative yet sustainable solutions, ITRAMAS is aligned with the country's vision for Malaysia's national energy objectives, thereby supporting moving into a greener, more efficient future. The company's relations with global partners have further amplified its mission for advanced clean energy technologies in the region. Competent with experiences in renewable energy and infrastructure, the company proceeds to drive Malaysia's clean energy revolution and sustainable development forward.