EXAL Group and Solarvest Announce Strategic Collaboration

26 February 2025

KUALA LUMPUR: EXAL Group, a pioneer in sustainable real estate, has partnered with Solarvest Holdings Berhad, Malaysia's largest clean energy solutions provider, to integrate clean energy infrastructure into EXAL's architectural developments in Sarawak. This collaboration represents a significant milestone in EXAL's SÓLCARE sustainability initiative, which is designed to enhance the quality of life in the communities they develop while promoting environmental, social, and governance (ESG) excellence for future generations.

As Malaysia advances its National Energy Transition Roadmap (NETR) 2030, environmental awareness is on the rise. The country is committed to reducing its economy-wide carbon intensity by 45% by 2030 compared to 2005 levels, with the goal of achieving 31% renewable energy in its national installed capacity mix by the second quarter of 2025.

In response to the increasing demand for sustainable solutions, EXAL Group has collaborated with Solarvest to incorporate state-of-the-art rooftop solar photovoltaic (PV) systems and green electric vehicle (EV) charging infrastructures into their developments. This partnership not only reinforces EXAL's dedication to a sustainable lifestyle but also further advances its SÓLCARE sustainability goals, aiming to reduce carbon footprints and foster a cleaner, greener Malaysia for generations to come.

To this end, EXAL’s partnership with Solarvest marks a major step in adopting renewable energy solutions into modern architecture. Beyond the high-efficient and durable rooftop solar PV systems, its green EV charging infrastructure is 100% powered by clean energy, further supporting the transition to a clean township through e-mobility.

By leveraging Renewable Energy Certificates (RECs), the partnership also enables property owners to validate their commitment to 100% renewable energy consumption. These initiatives not only minimise energy consumption and reduce carbon footprints but also deliver significant cost savings for homeowners. Additionally, Solarvest’s advanced inverters and monitoring systems provide real-time performance data, empowering end-users to track energy output, charging efficiency, and environmental benefits.

Leon Liew, Executive Director and Group Chief Strategy Officer of Solarvest shared: "As a leader in clean energy infrastructure, we prioritise ESG considerations in every aspect of project construction and development. This partnership with EXAL represents our shared commitment to reducing carbon footprints and promoting sustainable living. Being born and raised in Sarawak, I am proud to be part of the sustainability property development, driving Malaysia’s clean energy transition for a greener environment for the next generations.”

Furthering its commitment to sustainability, EXAL has also signed a Memorandum of Understanding (MoU) with GreenRE, Malaysia’s premier green certification body. GreenRE focuses on enhancing energy and water efficiency, reducing carbon footprints, and prioritising occupant well-being—ensuring EXAL’s projects adhere to internationally recognised green building standards.

GreenRE-certified homes in Malaysia are up to 40% more energy-efficient than conventional homes, reducing environmental pollution by lowering reliance on fossil fuel-generated electricity while also enhancing water efficiency and using eco-friendly materials to minimise their carbon footprint. With GreenRE certification, properties can achieve up to 50% reductions in energy consumption and significantly lower operational costs, boosting their environmental value and market appeal for developers and homeowners alike.

“Sustainability is at the heart of everything we do. This partnership with Solarvest and our commitment to GreenRE certification reflects our vision for a future where sustainable living is accessible, practical, and impactful. Together, we are redefining what modern, sustainable real estate looks like in Malaysia,” shared Albert Ko, Managing Director of EXAL Malaysia.

Reaffirming his commitment to driving Malaysia’s transition toward a more sustainable and environmentally responsible future, Albert was also recently honoured with the prestigious ASEAN-Sarawak Business Excellence Award, recognising his leadership in driving innovation, sustainability, and economic growth in the region. Under his stewardship, EXAL Group has not only set new benchmarks in sustainable real estate development but has also played a key role in positioning Sarawak as a dynamic regional hub.

This award underscores his commitment to aligning business excellence with ASEAN’s broader goals, particularly in advancing ESG (Environmental, Social, and Governance) initiatives and fostering long-term sustainable development.

Notable attendees at the signing ceremony included Padawan Municipal Council (MPP) Chairman Tan Kai and Deputy Secretary Daniel Goh, underscoring local governmental support for environmentally sustainable initiatives. Additionally, representatives from Maybank, including Regional Director Sarawak Abang Jamili bin Abang Julai, Head Consumer Banking Sarawak Lam Ko Liang, and Branch Manager Lim Jun Chiang, were present to affirm Maybank's commitment to sustainable development partnerships.

Maybank echoes EXAL Malaysia's commitment in advancing sustainable real estate in Sarawak, and is ready to meet the growing demand for sustainable housing and other eco-conscious practices. Through solutions such as Green Home Financing, Home+Reno Financing, MyDeco Financing, and Solar Financing, Maybank empowers new and existing home owners to make environmentally conscious choices. This ecosystem of solutions form part of the bank's long-term vision of becoming the sustainability leader in Southeast Asia in line with its mission of Humanising Financial Services.

By weaving Solarvest’s clean energy expertise into its developments and aligning with GreenRE’s rigorous standards, EXAL is setting a new standard for sustainable real estate in Sarawak. These initiatives are not just about environmental responsibility; they also make economic sense by lowering energy bills and enhancing long-term operational efficiency.