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Energy & Technology, News

SPM, Tesdec Services Ink Green Energy Purchase Agreement for Solar PV Projects

KUALA LUMPUR: System Protection & Maintenance Sdn Bhd (SPM) signed a memorandum of purchase agreement for green energy with Tesdec Services Sdn Bhd (TSSB) to develop several rooftop solar photovoltaic (PV) projects. According to SPM, this collaboration with TSSB enabled 8 PV installation projects to be implemented with a total capacity of 1,332 megawatt (MW) peak. “All the projects are under the Net Energy Metering (NEM) 3.0, government ministries and entities as well as Net Offset Virtual Aggregation (Nova) programme implemented through the solar power purchase agreement (SPPA) with the Terengganu government agency. The first SPPA was signed on 6 December 2022 for a Pesaka Terengganu Bhd project, followed by the Terengganu Skills Development Centre or Tesdec College project. Being an engineering and construction company that specialises in power plants and substations, SPM also informed that the 2 PV projects for Pesaka and Tesdec College were fully completed last year. “Both projects commenced or were operational on 3 September 2023 and 17 January 2024. The projects have generated around 270MW-hours since their commencement,” SPM said.

Cover Stories, Energy & Technology, ESG

NanoMalaysia: Breaking the Stigma of the Hydrogen Economy

KUALA LUMPUR: The topic of renewable and clean energy has been making headway in recent months, with automotive companies racing to roll out their EV cars, trucks and buses, as global acceptance continues to increase. In Malaysia, the government launched the Hydrogen Economy and Technology Roadmap (HETR) in October 2023, highlighting the country’s plans and aspirations to become a regional leader in the renewable energy (RE) industry. Spearheading this mission behind the scenes is NanoMalaysia Bhd, an agency operating under the Ministry of Science, Technology and Innovation (MOSTI) to develop innovative technologies revolving around the hydrogen economy. According to NanoMalaysia Bhd Chief Executive Officer, Dr Rezal Khairi Ahmad, there has always been an interest in hydrogen energy solutions, going back as early as the 60s. However, the usage of fossil fuels as a source of energy was already rising at the time and has remained a widely used commodity to this day since it is ‘faster and easier’ to get. “Fossil fuel was considered cheap back then. When it’s cheap, people don’t care about the pollution it causes,” Dr Rezal commented. This caused the hydroeconomy to experience several false starts. But now, the interest is back – so much so that the HETR launched by the government estimates that the industry will be worth over US$189.19 billion (RM824 billion) by 2050. Dr Rezal revealed that NanoMalaysia drafted its own hydrogen roadmap that predated the one launched by the government. Because of this, the company was appointed as the lead consultant who engaged with various stakeholders to create the HETR – a subset of Malaysia’s National Energy Transition Roadmap (NETR). “We were given the mandate because the government recognised one of our early investments in hydrogen technology in 2016, demonstrating that NanoMalaysia has the competency, the commercial know-how and market insights for us to draw up a comprehensive roadmap,” Dr Rezal explained. The Energy Trilemma According to Dr Rezal, the hydrogen economy revolves around the philosophy of the energy trilemma: accessibility, affordability and sustainability. “Hydrogen checks all the boxes. It’s accessible because it is a resource that is available everywhere in everything around us (including biomass, domestic waste, hydrocarbon from fossil fuels, etc.) It is truly the people’s fuel,” Dr Rezal said. He explained that while solar power is a non-solid energy that can be stored and utilised through solar batteries and solar panels, hydrogen typically comes in the form of gas that can also be harnessed and stored for long-term use through fuel cell technology, similar to fuel cell electric vehicle (EV) batteries. “This could be an opportunity for the government to democratise access to energy. By doing so, we could mitigate the risks that could affect fuel prices, like geopolitical crises, which would end up victimising people like us,” Dr Rezal continued. “We want to give the people the ability to generate hydrogen anytime, anywhere and store it for a long time right in your backyard, which you can’t do with fossil fuels,” he added. Having that in mind, NanoMalaysia is working on developing the technology that could achieve just that, known as the electroliser (looks and functions similar to a water filter system) to decentralise hydrogen for personal use. “We’ll first seed the idea of innovation of the hydrogen economy and we’ll bridge industry players with academic researchers to turn the idea into a commercial technology to benefit the people at large at an affordable price. “The government, through us, will provide the catalytical nudge, allowing us to develop prototypes for us to make demonstrations to make the idea/technology investable for the private sector to take up,” Dr Rezal went on. Currently, the hydrogen being widely produced is known as ‘dirty hydrogen’, which is extracted from fossil fuels and emits carbon dioxide (CO2), globally priced at US$1.5 (RM7.15) per kg. He explained that the cleanest version of hydrogen is categorised as ‘turquoise hydrogen’ and can be produced through the process of pyrolysis, which is what Dr Rezal believes Malaysia should be looking into. With further research and development, NanoMalaysia aims to provide turquoise hydrogen at only US$1 (RM4.75) per kg. Through pyrolysis, NanoMalaysia can produce hydrogen without emitting CO2, turning it into a sustainable energy source. “As it is now, the domestic waste being decomposed in landfills and dumping grounds produces biomethane where hydrogen can be extracted from. If we can leverage these sites and turn them into small-scale heavy production centres in various locations, it could cater as a sustainable energy source to the mass public, even in rural areas,” Dr Rezal opined. The Hydrogen Hyper Reactor Another one of NanoMalaysia’s innovations for the hydrogen economy is its patent-pending ‘hyper reactor’, which is hydrogen that has been transformed into a solid state. Dr Rezal revealed that the hyper reactor has already been integrated into many of NanoMalaysia’s transportation prototypes to be used as demonstrations, to successfully commercialise this innovation in Malaysia. “We are working with companies like Prasarana to allow them to plug a hyper reactor ‘battery’ into the testing vehicles to replace their fossil fuel engines. By doing this, we’re hoping to create more demand for this innovation,” Dr Rezal said. He also mentioned that NanoMalaysia will be given 3 Toyota Mirai from BMW Mobility to conduct test runs on the car model for the next 2 years, demonstrating to the public how safe and economically viable hydrogen fuel is. Additionally, the company is also communicating with numerous bus and truck companies to adopt fuel cell EVs (that utilise hydrogen) as early as October this year. When asked about how hydrogen energy will disrupt the EV industry, Dr Rezal commented, “We are not rivalling the EV battery industry – we are supporting it. Our overarching target for EV is to reach 14% of total industry volume by 2030 and 38% by 2040.” However, one of the main concerns that would significantly affect the success rate of hydrogen adoption is the public’s level of acceptance. “There needs to be a gradual wean of processes and how

Energy & Technology, News

Meta Bright Enters Solar Supply Agreement to Power Hospitality Operations

KUALA LUMPUR: Meta Bright Group Berhad (“MBGB”), in its ongoing commitment to sustainable and eco-friendly energy solutions, announced today that its wholly-owned subsidiary, FBO Land (Serendah) Sdn. Bhd. (“FLSBB”), along with Doople Tech Sdn Bhd (“Doople”), has signed a solar supply agreement with Cherengin Hills Sdn. Bhd. (“Cherengin Hills”). This agreement represents a strategic step towards enhancing sustainable practices in the hospitality industry and supporting Malaysia’s national energy objectives. According to a filing with Bursa Malaysia, FLSBB will oversee the installation, maintenance, and operation of a solar photovoltaic system at Cherengin Hills’ properties in Pahang. This system will supply all net electricity output for 21 years from the start of operations. Cherengin Hills, primarily engaged in hotel, motel, and holiday camp operations, stands to benefit from reduced energy expenses and a diminished carbon footprint, while FBO Land aims to leverage the carbon credits generated by the system. This collaboration follows MBGB’s recent partnership with Doople Tech Sdn. Bhd., announced on 19th April 2024, which focused on renewable energy ventures. By combining Meta Bright’s investment capabilities with Doople Tech’s operational expertise, MBGB is eager to explore targeted opportunities in solar energy initiatives within the hospitality sector. This marks MBGB’s initial entry into solar solutions tailored for hospitality, with intentions to further expand in this field. Given the hospitality industry’s strong recovery post-pandemic, driven by rising travel demand and a renewed emphasis on sustainable practices, the timing is ideal for introducing renewable energy solutions. Mr. Derek Phang Kiew Lim, Executive Director of Corporate and Strategic Planning at Meta Bright, commented, “Cherengin Hills is taking a commendable step towards sustainability, and we are pleased to facilitate this transition. By harnessing solar energy, we contribute positively to the environment and demonstrate the economic viability of green initiatives in the hospitality sector.” “MBGB’s venture into renewable energy underscores a broader strategy of responsible corporate stewardship and reflects the Group’s forward-thinking approach in aligning business operations with global sustainability trends,” Mr. Derek Phang added. The partnership with Cherengin Hills signifies another significant achievement for MBGB as it continues to strengthen its position as an innovative player in Malaysia’s business landscape. With a focus on long-term sustainability and growth, MBGB remains committed to leading the way in eco-friendly business practices. MBGB is pleased to announce that the completed installation value of projects to date is approximately RM3.55 million. Furthermore, the company has ongoing projects valued at around RM11.89 million.

Investment & Market Trends

Ann Joo Steel, Solarvest Holdings Successfully Install 3.3 MWp Rooftop Solar PV System in Penang Manufacturing Plant

KUALA LUMPUR: Ann Joo Steel Bhd (AJS), a wholly-owned subsidiary of Ann Joo Resources Bhd (AJR), together with Solarvest Holdings Bhd (SHB), has completed a 3.3 megawatt-peak (MWp) rooftop solar photovoltaic (PV) system installation at AJS’ manufacturing plant in Seberang Perai, Penang. AJS appointed SHB to provide engineering, procurement, construction, and commissioning (EPCC) services to upgrade their 0.6 MWp rooftop solar PV system to 3.3 MWp. The system is expected to generate approximately 4,040 MWh of clean energy annually, allowing AJS to offset approximately 3,060 tonnes of carbon dioxide annually. AJR group managing director Datuk Lim Hong Thye said the company recognise the importance of sustainability within the Malaysian iron and steel industry. “Our continued adoption of green energy solutions demonstrates our commitment to leading the industry towards a more sustainable future. “As stakeholders’ focus on environmental practices intensifies, we actively integrate green initiatives into our core business operations. This aligns with our long-term commitment to championing clean energy and environmental responsibility,” he said in a statement. SHB executive director and group chief executive officer Davis Chong Chun Shiong said the iron and steel industry is facing increasing pressure to ramp up its decarbonisation efforts to meet the national net-zero goals by 2050, as nearly 28 per cent of manufacturing emissions and 4 per cent of national emissions come from steel production. “As advocates for clean energy, we celebrate AJR’s progress in energy transitioning, which shows a dedicated commitment to achieving a more environmentally friendly future together. “Looking ahead, we are keen to foster new partnerships between the iron and steel industry and clean energy. We are confident in our expertise to support the industry’s decarbonisation,” he said. Building on their successful 2020 collaboration on a 0.6 MWp solar PV system in Seberang Perai, SHB and AJS are partnering again to upgrade the existing system.

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