KUALA LUMPUR: SCOMI GROUP BHD has tied up with technological solutions provider Odesi Ecob Sdn Bhd to jointly develop and promote an urban solar programme.
In a filing with Bursa Malaysia yesterday, Scomi said its wholly-owned subsidiary, Scomi Capital Sdn Bhd (SCSB) had entered into a memorandum of understanding with Odesi to develop the programme.
The aim of the programme is to to sell and purchase electricity generated from a solar photovoltaic system via a power purchase or supply agreement with renewable energy on a zero-capital expenditure model.