KUALA LUMPUR, 28 July 2023:
Aiming to have over 400 standalone McDonald’s outlets to be solar-powered by 2025, this fastfood franchise in Malaysia has inked a deal with GSparx Sdn Bhd, a wholly-owned subsidiary of Tenaga Nasional Bhd.
Datuk Azmir Jaafar, managing director and local operating partner of McDonald’s Malaysia said this target will mean over 80% of the chain’s 500-odd planned outlets will have implemented green solutions that reduce electricity consumption and lower carbon emissions.
The initial deal with GSparx involves 100 McDonald’s outlets by end-2024, having already deployed resources for the installation of solar panels at 39 outlets nationwide.
GSparx will be constructing, installing, operating, and maintaining the rooftop solar PV facilities with a system size of 2.5MWp. The 20-year lease includes maintenance and repairs conducted by the TNB subsidiary, while McDonald’s pays the agreed rates.
While the entirety of the solar panel output will be used by the respective fastfood outlets, Azmir said the initial batch of installations will save the chain around RM7 million in electricity costs.
The GSparx deal is expected to be further enhanced with the addition of electric vehicle charging points in a deal that is currently being negotiated.
Digital Booklet_McD x TNB SARE Agreement_FINAL