AirTrunk and ib vogt sign Malaysia’s first renewable virtual PPA for a data centre

Malaysia, Wednesday 7 February, 2024 – Asia Pacific & Japan (APJ) hyperscale data centre specialist, AirTrunk, and international renewable energy developer, ib vogt, have signed the first data centre renewable energy Virtual Power Purchase Agreement (VPPA) under Malaysia’s Corporate Green Power Programme (CGPP).

The CGPP is an initiative from the Suruhanjaya Tenaga (Malaysia’s Energy Commission) enabling businesses to sign VPPAs and participate in renewable energy projects in Malaysia. A quota of 800 megawatts (MW) of solar energy generation capacity is allocated to the programme and developers can apply for a maximum capacity of 30MW with a secured offtaker.

AirTrunk, as the offtaker, will procure renewable energy from the 29.99MW solar farm that ib vogt is currently developing under the CGPP. Construction is scheduled to begin in mid-2024.

This announcement builds on AirTrunk’s groundbreaking renewable energy agreements in Hong Kong and Australia. These include a long term PPA for a new solar farm development that will add renewable energy generation capacity into Australia’s grid and a first-of-its-kind renewable energy solution in Hong Kong that will match data centre electricity consumption with local renewable energy certificates.

Damien Spillane, Chief Technology Officer of AirTrunk, said: “Joining forces with ib vogt to lead Malaysia’s first data centre renewable energy VPPA demonstrates our dedication to pioneer sustainable action in the industry. As we continue to drive digitalisation in Malaysia through the development of our 150MW AirTrunk JHB1 data centre, this initiative marks yet another important step in our roadmap to achieve Net Zero and decarbonise APJ’s electricity grid.”

David Ludwig, Chief Executive Officer of ib vogt APAC, said: “The decarbonisation of supply chains in Southeast Asia is just beginning, and it is great to see Malaysia and AirTrunk taking a prominent position in the transition towards clean energy. It is through powerful partnerships with industry leaders like AirTrunk that ib vogt continues to be in a leading role to support corporations in meeting their renewable energy goals.”

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About AirTrunk

AirTrunk is a hyperscale data centre specialist creating a platform for cloud, content and large enterprise customers across the Asia-Pacific & Japan (APJ) region. The company develops and operates data centre campuses with industry leading reliability, technology innovation and energy and water efficiency. AirTrunk’s unique capabilities, designs and construction methodologies allow it to provide customers with a scalable and sustainable data centre solution at a significantly lower build and operating cost than the market.

A private company, AirTrunk is well capitalised to fund its development of data centres across the APJ region. In 2020, a consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2) and including Public Sector Pension Investment Board (PSP Investments), acquired a major stake in the business, investing alongside AirTrunk’s Founder and CEO Robin Khuda. MAIF2 is managed by Macquarie Asset Management, one of the world’s leading alternative asset managers and part of the ASX-listed Macquarie Group Limited (ASX:MQG).

For more information on AirTrunk, visit www.airtrunk.com

About ib vogt

ib vogt is firmly committed to supporting the decarbonisation of the global electricity sector. The company focuses on the global development of turnkey PV plants and battery storage projects as well as the expansion of its IPP portfolio. In these areas, the company performs all integral services of the value chain from development, financing, EPC to O&M and asset management.

Ib vogt APAC is headquartered in Singapore and has been active in Asia since 2012. It has established various subsidiaries across Asia and is present in 12 markets. The company works together with numerous partners in the region augmenting its in-house team of 110 staff in APAC and is supported by more than 800 industry experts worldwide. ib vogt has built or has in construction more than 3 GW of PV power plants globally with a project pipeline of more than 45 GWp with 10 GW in Asia.

For more information on ib vogt, visit www.ibvogt.com