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Tag: #IGEM2023

  • Perintis Teknologi Hidrogen Malaysia Membentuk Masa Depan Yang Lebih Baik

    KUALA LUMPUR, 5 Oktober 2023 – YAB Timbalan Perdana Menteri, Dato’ Sri Haji Fadillah Haji Yusof, secara rasminya melancarkan Pelan Hala Tuju Teknologi dan Ekonomi Hidrogen (Hydrogen Economy and Technology Roadmap – HETR) hari ini di Persidangan dan Pameran Antarabangsa Teknologi Hijau dan Produk Eko Malaysia 2023 (IGEM 2023) yang berlangsung di Pusat Konvensyen Kuala Lumpur.

    Hadir sama di majlis pelancaran HETR di IGEM 2023 ialah YB Tuan Chang Lih Kang, Menteri Sains, Teknologi dan Inovasi dan YB Tuan Nik Nazmi Nik Ahmad, Menteri Sumber Asli, Alam Sekitar dan Perubahan Iklim.

    HETR telah dibangunkan oleh Kementerian Sains, Teknologi dan Inovasi (MOSTI) bagi menyokong Aspirasi Negara Rendah Karbon 2040, di bawah Dasar Tenaga Negara 2022-2040. Fokus utama HETR adalah memajukan ekonomi hidrogen negara melalui ekosistem yang inovatif dan komprehensif, dipacu oleh teknologi tinggi untuk membolehkan transisi kepada penggunaan hidrogen bagi mencapai sasaran penyahkarbonan dalam agenda pembangunan sosio-ekonomi yang lebih lestari, selaras dengan aspirasi Malaysia MADANI dan rencana Ekonomi MADANI. Lima (5) teras strategik telah digariskan bagi membangunkan ekosistem hydrogen tempatan yang teguh dan berdaya saing di sepanjang rantaian nilai dan bekalan hidrogen untuk menjadikan Malaysia sebagai salah satu peneraju ekonomi hidrogen dunia menjelang tahun 2050.

    HETR akan meletakkan Malaysia dalam posisi yang menguntungkan di peringkat global kerana potensi sumber dan kelebihan tempatan yang boleh dibangunkan contohnya Tenaga Boleh Baharu (TBB) seperti solar dan hidro untuk penjanaan hidrogen hijau. Negara-negara seperti Jepun, Korea Selatan, China, Australia, dan beberapa negara ASEAN telah mula memanfaatkan hidrogen, terutama dalam bidang mobiliti, industri dan sektor yang intensif dalam penggunaan tenaga, selaras dengan prinsip Alam sekitar, Sosial dan Tadbir Urus (Environmental, Social and Governance – ESG).

    Strategi dan Pelan Tindakan yang digariskan dalam HETR bakal memacu penggunaan hidrogen yang diunjurkan menyumbang kepada pengurangan pelepasan gas rumah hijau (GHG) antara 6% sehingga 15% serta menjana sehingga 200,000 peluang pekerjaan menjelang tahun 2050. Manakala dalam jangka masa pendek, diunjurkan antara 0.4%-1.3% pengurangan GHG dapat dicapai menjelang tahun 2030 bergantung kepada model pelaksanaan yang dicadangkan dalam HETR. Selain itu, penjanaan pendapatan sehingga RM12.1 bilion dengan sumbangan kepada Keluaran Dalam Negara Kasar (KDNK) negara antara RM49 bilion dan RM61 bilion dijangkakan pada tahun 2030 disamping penjanaan peluang pekerjaan antara 8,000 sehingga hampir 45,000 dalam sektor tenaga bersih menjelang tahun 2030.

    Pembangunan keupayaan dan pemacuan teknologi tinggi yang dirancang melalui HETR dengan pendekatan “Bina Sebahagian, Beli Sebahagian (Build Some, Buy Some)” bertujuan menghasilkan hidrogen pada kos yang kompetitif, disokong oleh ekosistem dan kepakaran tempatan. Ini penting untuk memudahcara peralihan kepada hidrogen bagi penggunaan domestik dalam rangka transisi tenaga negara untuk mencapai sasaran penyahkarbonan dan juga untuk eksport hidrogen ke pasaran antarabangsa.

    Pembangunan HETR terkandung dalam Rancangan Malaysia ke-12 (RMKe- 12) dan Dasar Tenaga Negara 2022-2040 (DTN) di mana HETR adalah dokumen sokongan kepada DTN 2022-2040. Agenda hidrogen yang direncanakan di bawah HETR juga diselaraskan dengan Pelan Hala Tuju Peralihan Tenaga Negara (National Energy Transition Roadmap; NETR) Fasa 1 dan 2 yang telah dilancarkan secara rasmi. Manakala Pelan Induk Perindustrian Baharu 2030 (New Industrial Master Plan 2030; NIMP) turut menjadikan hidrogen sebagai salah satu agenda pembangunan industri dan inisiatif pelaburan hijau di bawah pelan tindakannya. Sehubungan itu, MOSTI komited untuk menjayakan pelaksanaan HETR melalui kerjasama konstruktif dengan kementerian, agensi Kerajaan dan juga para pemegang taruh yang lain dalam ekosistem ekonomi hidrogen tempatan khususnya dan peralihan tenaga untuk industri yang lebih mampan amnya.

    HETR merupakan salah satu agenda Kerajaan Perpaduan untuk memacu perkembangan teknologi hijau dan ekonomi rendah karbon di Malaysia. HETR akan membentangkan perincian strategi dan inisiatif, serta menggariskan potensi dan peluang yang boleh dijana melalui pemacuan teknologi dan ekonomi hidrogen.

  • Bursa Malaysia Takes a Significant Step Towards Sustainability with VCM Handbook Release

    The inaugural Bursa Malaysia Carbon Market Forum 2023, aligned with IGEM 2023, featured key insights and discussions on Malaysia’s efforts in establishing and promoting the Voluntary Carbon Market (VCM). YB Nik Nazmi Nik Ahmad, Minister of Natural Resources, Environment and Climate Change (NRECC), was present to engage in this significant event.

    The VCM Handbook is a collaborative effort between Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and the Malaysian Green Technology and Climate Change Corporation (“MGTC”), which was initiated through a memorandum of collaboration (“MOC”) signed on 20 February 2023. The VCM Handbook was developed in consultation with NRECC and various ecosystem participants.

    As Malaysia shifts towards becoming a lower carbon economy, the VCM Handbook is a relevant guide designed to assist entities keen on participating in carbon market project development and Malaysia’s voluntary carbon market. The handbook defines the roles and functions of key entities in Malaysia’s carbon market operations, serving as a reference point for market players.

    “We are delighted to complete the VCM Handbook within just six months of the MOC signing, and this demonstrates effective collaboration in fulfilling a need to nurture the development of carbon projects in Malaysia,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia.

    “With the increasing prominence on carbon offsets and carbon markets globally, it is imperative that Malaysia acts on the nation’s untapped potential, by developing its VCM ecosystem and implementing high-quality carbon projects. This VCM Handbook is a critical step in ensuring Malaysia’s VCM can truly support the country’s net zero journey,” added Datuk Umar.

    “The VCM Handbook will be a valuable resource to facilitate carbon offset project implementation in Malaysia, where the carbon credit generated will be used by other corporations to meet their net zero targets. The VCM Handbook provides essential information on how it works, key concepts, standard methodologies, and case studies,” shared Ts. Shamsul Bahar Mohd Nor, Group Chief Executive Officer of MGTC.

    He added, “MGTC is honoured to collaborate with bursa Malaysia in developing it. We thank the numerous stakeholders, including federal ministries, state governments, relevant government agencies, carbon consultants, project developers, as well as validation and verification bodies, for their invaluable contributions. In addition to the VCM Handbook, we are pleased to announce the launch of a VCM Directory, another necessary tool to scale up the emerging Malaysia’s carbon credit supply.”

    Datuk Umar also shared plans to promote both the VCM Handbook and VCM Directory at the Malaysia Pavilion during the 2023 UN Climate Change Conference (UNFCCC COP 28) in Dubai later this year. “Our goal is to attract international project developers and investors to participate in the development of high-quality carbon projects in Malaysia, and facilitate the transfer of knowledge, skills and capital needed to rapidly scale up carbon initiatives in the country. This effort is pivotal in supporting domestic corporates in their net zero and carbon neutrality goals, and for fulfilment of the role of the Bursa Carbon Exchange,” he explained.

    The inaugural Malaysia Carbon Market Forum is a half-day event organised by the Bursa Carbon Exchange. With knowledge sharing as the central focus, the forum offered participants the opportunity to learn from both local and leading global experts on global VCM trends and how to leverage and navigate carbon markets and carbon project development. Speakers at the forum included representatives from International Emissions Trading Association (IETA), Verra, Indonesia Carbon Trade Association (IDCTA), Vitol, Sylvera, Permian Global, Shell’s Nature Based Solutions business, EKI Energy Services Ltd., Viridios Capital Pty Ltd and BloombergNEF.

    A copy of the VCM Handbook can now be downloaded from https://bcx.bursamalaysia.com/index.php?rp=vcm_handbook. Companies operating in the carbon market industry can now register their services in the newly established VCM Directory, accessible via https://www.mgtc.gov.my/vcm/.

  • IGEM 2023: A Crucible for Synergistic Eco-Innovations and Alliances

    The second day of IGEM 2023, a pivotal event promoting green technologies and eco-friendly products, showcased a series of impactful Memoranda of Cooperation (MoC) signings with influential partners. These collaborations are anticipated to be instrumental in fostering innovation and driving sustainable development across multiple sectors, amplifying Malaysia’s commitment to a green economy and contributing to the global embrace of renewable energy and environmentally-conscious practices.

    The MoC signing between Malaysian Green Technology and Climate Change Corporation (MGTC) and Universiti Utara Malaysia (UUM) marks a significant step toward advancing energy efficiency and renewable energy initiatives. The collaboration covers research partnerships focusing on Green Building assessment and renewable energy applications, knowledge exchange, publication sharing, and industry attachment programmes. It also aims to enhance sustainable energy management at UUM’s campus by achieving Energy Management Gold Standard certification and offering student capacity-building programmes. This collaboration will indirectly contribute to the green economy by promoting energy efficiency, renewable energy adoption, and environmental responsibility.

    Meanwhile, the MoC between MGTC and Mont Aero Sdn Bhd signals a joint commitment to develop hydrogen-related technologies focusing on hydrogen production and hydrogen gen-sets. The collaboration includes promoting hydrogen genset usage, converting landfill biogas into green hydrogen, and seeking government grants and funding. With an estimated investment value of RM15 million, this partnership aligns with Malaysia’s National Energy Transition Roadmap (NETR) and the Hydrogen Economy and Technology Roadmap. The aims of this MoC are rooted in environmental sustainability, energy efficiency, waste management, access to funding, national energy goals, and technological progress, all of which collectively contribute to a more sustainable and green energy landscape.

    On the other hand, the MoC between MGTC and SIRIM focuses on energy efficiency and renewable energy initiatives to support the transition towards a sustainable energy future. The collaboration will explore initiatives related to biomass, biogas, and hydrogen, as well as knowledge sharing and utilising SIRIM labs. This partnership is expected to contribute significantly to Malaysia’s NETR regarding energy efficiency and renewable energy targets. It also seeks to harness expertise, resources, and innovative technologies to promote a greener and more sustainable energy future while fostering knowledge sharing, and quality research and development. Ultimately, these efforts align with global initiatives to combat climate change and ensure a cleaner, more sustainable energy landscape for the future.

    Furthermore, MGTC, along with Alya Agro Venture Sdn Bhd, Ain Biomass Industries Sdn Bhd, and Planters International Berhad, has signed an MoC to collaborate on a biomass project that utilises bamboo as feedstock for the production of bamboo pellets and bamboo biochar. This partnership includes the purchase of raw bamboo, expanding production, knowledge sharing, and engagement in nature-based carbon sequestration efforts. The MoC is also motivated by the desire to leverage bamboo as a sustainable feedstock and enhance production capabilities, aligning with Sustainable Development Goals (SDG) 7: Affordable and Clean Energy and SDG 13: Climate Action.

    Ts Shamsul Bahar Mohd Nor, GCEO of MGTC, explained, “This collaboration will contribute to the green economy by providing a renewable energy source, creating local jobs, promoting trade and export, and mitigating climate change through carbon sequestration. A pilot project on bamboo as biomass feedstock is underway to support the bioenergy transition and the NETR.”

    MGTC and Bank Pembangunan Malaysia Berhad (BPMB) have also signed an MoC focusing on corporate sustainability by adopting the Low Carbon Operating System (LCOS), a cloud-based platform for carbon management. This collaboration was made to advance corporate sustainability, reduce carbon emissions, promote knowledge sharing, raise climate change awareness, adopt green technology solutions, provide access to green financing, and actively participate in global climate initiatives, all in alignment with environmental stewardship and climate action goals. BPMB will also partner with the Malaysia Pavilion at COP28 (Conference of Parties) as part of their commitment to environmental stewardship. Also present during the signing ceremony was YB Nik Nazmi Nik Ahmad, Minister of Natural Resources, Environment and Climate Change.

    The Green Technology Financing Scheme (GTFS) 4.0 launch highlights the financial support for various green sectors, including energy, manufacturing, transportation, building, waste, and water. The scheme provides attractive incentives to SMEs, mainly the 1.5% interest/profit rebate for the first five to seven years and a 60%-80% government guarantee on financing.  The appointed implementing agencies for GTFS 4.0 are MGTC and Credit Guarantee Corporation Malaysia Berhad (CGC) (the scheme administrator). MGTC and CGC will collaborate with Participating Financial Institutions (PFIs) to encourage local companies and entrepreneurs to participate in green technology projects and support the national green technology agenda.

    Ts Shamsul Bahar added, “The collaborations announced on the second day of IGEM 2023 are poised to accelerate Malaysia’s transition to a sustainable, green future, driving economic growth, job creation, and environmental responsibility.”

  • Aiming for Healthcare Excellence: Ministry of Health and SDCL Emphasize Energy for Critical Care

    SDCL, a leading global investor in energy efficiency, has actively engaged with prominent Malaysian organizations such as the Ministry of Health, MGTC, and MyHijau companies during Malaysia’s pioneering First Energy Efficiency Forum. Their collaboration aims at executing projects that effectively reduce carbon emissions while also generating substantial cost savings.

    Hospitals are one the largest and most consistent energy users with the crucial role they play. SDCL brings deep sector experience in demonstrating how energy efficiency can deliver cheaper, cleaner and more reliable infrastructure solutions to a key infrastructure sector. Malaysia hospitals need reliable and cost-effective energy services throughout the year, ranging from electricity and heat, to hot water and cooling. Hospitals also demand reliable and resilient energy solutions and backup systems. Energy demand reduction initiatives involving lighting and temperature control may also improve patient care.

    Through the IGEM engagement, MoH, MGTC and SDCL are setting a pathway to accelerate identifying fit-for-purpose solutions in Malaysia that require no up-front capital outlay for the user and result in lower operating costs. Through focusing on energy efficiency, hospitals can deliver cleaner, more resilient energy solutions that reduce maintenance costs and increase productivity.

    SDCL CEO Jonathan Maxwell states “Our investments in energy efficiency demonstrate that energy efficiency is not only one of the largest but the most cost-effective means to reduce greenhouse gas emissions as it improves resilience and energy security while also reducing costs and improving productivity. It is infact a major source of green growth”.

  • Charging Ahead: Vcharge Asia Sets New Standards with Enhanced EV Charging App

    Charging Ahead: Vcharge Asia Sets New Standards with Enhanced EV Charging App

    Kuala Lumpur, 5 October 2023 – Vcharge Asia, a leading e-mobility service provider from Malaysia, showcased its cutting-edge electric vehicle (EV) charging solutions at the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2023. This unveiling sets the platform for an enhanced and sustainable EV charging experience, aiming to provide convenience and accessibility for EV users throughout Malaysia.

    A brand aligned under Ocean Vantage Holdings Bhd (KLSE:OVH), Vcharge Asia is dedicated to establishing an extensive network of EV charging infrastructure and digital services. The focus is on enhancing charging speed and efficiency of their Targeted 100 EV charging infrastructure across Malaysia, with a remarkable achievement of reducing the usual 3-hour charging time to just 30 minutes. This breakthrough represents a substantial over 80% increase in charging duration.

    “As Malaysia’s sustainability industry continues to flourish and gain momentum, the nation is more receptive towards sustainable transportation solutions. With our newly launched charging infrastructure, we are not just increasing charging speed; we are fundamentally reshaping the entire EV experience. We believe that the future of mobility should be fast, convenient, and sustainable. Together, we are expediting the transition to a cleaner, greener future — one where EVs play a pivotal role in transforming how we move and reducing our environmental footprint,” said Kenny Ronald Ngalin, Founder of Ocean Vantage Holdings. 

    Vcharge employs an innovative approach to charging infrastructure by strategically positioning its stations in municipal council-owned parking lots, specifically catering to busy office and commercial hubs, further increasing accessibility and engagement for users.

    Working on the Open Charge Point Protocol (OCPP), the Vcharge platform is compatible with over 50 brands of EV charging equipment. Their network expansion includes both their in-house brand and the seamless integration of other charging equipment brands, reflecting their commitment to versatility and user accessibility.

    More than charging infrastructure, EV users can now digitally monitor and manage the entire charging process through its all-in-one platform. The Vcharge app allows users to effortlessly navigate their entire driving experience, from finding the nearest charging station and checking real-time charging point availability, to monitoring the charging progress remotely.

    Kenny further added “The core of the Vcharge app is to simplify every aspect of EV charging for a user-centric and hassle-free experience. Coupled with our strategic positioning of charging points within city limits to push the EV movement forward, we hope to continue complementing government initiatives to expand coverage along long-distance routes.”

    Vcharge Asia boasts an extensive portfolio of EV charging equipment from DC charging modules, portable DC chargers, and well-mounted AC chargers, among others. The brand’s bespoke solutions cater to diverse EV requirements, ranging from personal cars to public buses.

    Moving into 2024, Vcharge Asia is set to expand its impressive portfolio — leveraging on their expertise as solution providers, the brand’s next steps include initiating the installation of chargers in car parks managed by DBKL, Putrajaya, MBSJ, and MBPJ. Concurrently, in homage to their roots, installation of the same chargers will commence in Miri, and other cities in Sarawak.

    For more information about Vcharge Asia, log on to www.vcharge.asia.