property

JLand to deploy renewable energy across its property projects

JLand Group Sdn Bhd (JLG), a wholly owned subsidiary of Johor Corporation (JCorp), will include renewable energy solutions and a green mobility ecosystem in its residential, commercial, and industrial projects in Johor.

The projects include Menara JLand, KOMTAR JBCC, B5 Johor Street Market, Ibrahim International Business District (IIBD), and Bandar Dato' Onn (BDO).

Menara JLand is a 37-storey tower and the first building in the Johor Bahru city centre to obtain the gold certificate for green building index (GBI) and grade A office building in IIBD for its use of green and smart technology.

Meanwhile, the 250-acre IIBD is part of JCorp's transformation plan to transform Johor Bahru into a "metropolis of international standard."

The IIBC was launched in 2016 with an expected gross development value of RM20 billion to RM25 billion. Coronation Square is the first project under IIBD, with a RM3 billion GDV.

JLG will collaborate with Gentari Sdn Bhd on feasibility studies to integrate renewable energy solutions into the selected projects and industrial parks.

Both companies will also explore the possibility of establishing an electric vehicle (EV) charging point at Ibrahim Technopolis, as well as renewable energy options for JLG's industrial parks.

On this, both parties have signed a memorandum of understanding (MOU).

JLG's director of the real estate and infrastructure division Datuk Akmal Ahmad said the partnership with Gentari signifies a milestone in the company's progress towards decarbonisation initiatives and enhanced capabilities in the renewable energy sector.

"Through our joint effort with Gentari, we are further equipped to act on our continued commitment to sustainable growth. The wide-scale deployment of the green mobility and renewable energy ecosystems across our main developments showcase the depth and extent of the partnership's value creation potential, considering the number of end-users present throughout our operating entities," he said in a joint statement here yesterday.

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