Tag: #MOU

  • UiTM Partners with Bateriku.com to Strengthen Innovation, Research, and Entrepreneurial Efforts

    UiTM Partners with Bateriku.com to Strengthen Innovation, Research, and Entrepreneurial Efforts

    UiTM and Bateriku.com Forge Strategic Partnership to Strengthen Innovation, Entrepreneurship, and Research. Universiti Teknologi MARA (UiTM), through its Malaysian Academy of SME and Entrepreneurship Development (MASMED), has entered into a strategic Memorandum of Understanding (MoU) with Bateriku (M) Sdn. Bhd., a key player in Malaysia’s automotive ecosystem. This significant partnership aims to bridge the divide between academic theory and industrial practice, creating a foundation for collaboration in innovation, entrepreneurship, and academic research. The MoU was formalized at a ceremony held at the Tuanku Syed Sirajuddin Chancellery Building, UiTM Shah Alam, and officiated by Prof. TPr. Dr. Jamalunlaili Abdullah, Deputy Vice-Chancellor (Industry, Community & Alumni Network), together with Bateriku.com’s Founder and CEO, Mr. Azarol Faizi Bin Zakaria Ansari. The ceremony was also witnessed by senior leaders from both UiTM and Bateriku.com, highlighting the mutual commitment to transformative industry-academia partnerships.

    This collaboration represents a concerted effort to strengthen ties between academia and industry, with a strong focus on nurturing innovation and equipping students with real-world skills. Among the key initiatives outlined in the MoU are opportunities for UiTM students to engage in industrial training and applied research, the joint organization of knowledge-sharing platforms such as seminars and conferences, and the establishment of academic and staff exchange programs. Furthermore, both institutions have committed to promoting entrepreneurship and technological innovation to empower the next generation of graduates.

    Bateriku.com’s expansive service model, which includes roadside assistance, workshop networks, and mobility data analytics, aligns with UiTM’s ambition to prepare future-ready graduates. The company’s integration of cutting-edge technologies such as big data and the Internet of Things (IoT) makes it an ideal partner for a university that is increasingly focused on digital transformation and sustainability. This partnership not only enhances UiTM’s curriculum but also provides students and faculty with meaningful exposure to contemporary industry practices.

    Azarol Faizi, CEO of Bateriku.com, expressed pride in working with UiTM, describing the partnership as a meaningful step towards developing Malaysia’s future workforce. “We are honored to collaborate with a prestigious institution like UiTM. This partnership goes beyond expertise sharing — it’s a joint effort to shape the workforce of the future,” he remarked. His sentiments were echoed by Prof. Dr. Jamalunlaili, who emphasized the MoU’s role in facilitating industrial training and entrepreneurial participation, all while contributing to the Sustainable Development Goals (SDGs). He added that this initiative will help shape a generation of critical thinkers and socially aware leaders.

    Effective for three years, the MoU signals a new chapter in UiTM’s commitment to collaborative growth with the private sector. It is expected to drive impactful projects that enhance national development through education, innovation, and environmental stewardship. Bateriku.com’s ESG (Environmental, Social & Governance) framework further complements this academic-industrial synergy, positioning it as a responsible and forward-thinking partner.

    On the environmental front, Bateriku.com advocates sustainability through its Second Life Batteries initiative, where used batteries are refurbished and reused to reduce waste. For batteries that are no longer viable, ethical disposal is ensured via certified smelting companies approved by the Department of Environment (DOE), alongside efforts to educate the public on hazardous waste management. Socially, the company actively creates job opportunities for university students, graduates, and the disabled, while promoting the sharing economy and entrepreneurship through its BHero and BPreneur programs.

    From a governance perspective, Bateriku.com upholds high standards of ethics, transparency, and legal compliance. It champions integrity and financial accountability, ensuring all stakeholders benefit from a sustainable and principled operational model. Through this MoU, UiTM and Bateriku.com are poised to make a lasting impact on Malaysia’s educational and economic landscapes.

  • Advancing Together: Leader Energy and BASF’s MOU

    SELANGOR, 5 OCTOBER 2023 – Leader Energy Holding Berhad (“Leader Energy”), through its wholly-owned subsidiary, Leader Energy Ventures Sdn Bhd, has recently entered into a Memorandum of Understanding (“MOU”) with BASF Stationary Energy Storage GmbH (“BSES”). BSES, a fully-owned subsidiary of the German chemical company BASF SE, acts as the exclusive global distributor for sodium-sulfur batteries (“NAS® Batteries”) manufactured by NGK Insulators, Ltd., Japan. Leader Energy, along with its subsidiary companies and jointly controlled entities, specializes in independent power generation, primarily focusing on the development, ownership, operations, and maintenance of power assets and projects.

    Under the MOU, Leader Energy and BSES intend to establish a strategic partnership to promote the development of long-duration energy storage (“LDES”) projects in Southeast Asia including Malaysia. Leader Energy seeks to deliver comprehensive turnkey solutions for these projects and use NAS® Batteries which will be supplied by BSES. Pursuant to this, Leader Energy has identified 8 LDES projects with a total estimated value of RM1.8 billion.

    Leader Energy’s Executive Deputy Chairman, Dato’ Sean H’ng said, “As we embark on our continuous pursuit towards net zero emissions, we are proud to announce our strategic partnership with BSES. Our commitment towards sustainability is evident as showcased by the list of projects we intend to be involved in using NAS® Batteries. This collaboration will allow us to leverage on each other’s skillset to penetrate further into the power industry in Southeast Asia while offering more comprehensive solutions which will make renewable energy a more reliable and viable option. In addition, it will alleviate the concerns for night time practicality, when solar irradiance is unavailable. Ultimately, we intend to encourage others to gradually embrace the push towards a more sustainable future.”

     

  • IGEM 2023: Driving Innovation Towards a Net Zero Carbon Footprint

    The 14th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2023) was officially launched today. It aims to achieve RM4 billion in business opportunities and attract 40,000 visitors from 40 countries. The event was inaugurated by YAB Dato’ Sri Haji Fadillah Haji Yusof, the Deputy Prime Minister, representing YAB Dato’ Seri Anwar Ibrahim, the Prime Minister of Malaysia. The ceremony was attended by cabinet ministers, ambassadors, international delegates, and other distinguished guests.

    Organised by the Ministry of Natural Resources, Environment and Climate Change (NRECC) and co-organised by the Malaysian Green Technology and Climate Change Corporation (MGTC), IGEM 2023, Southeast Asia leading trade event for green technologies and eco solutions, has an impressive track record of having delivered RM41 billion in business leads, over 530,000 visitors from over 112 countries since 2010.

    Referring to the Prime Minister’s speech YAB Dato’ Sri Haji Fadillah bin Haji Yusof said, “Transitioning to a net-zero world calls for nothing less than a complete transformation of how we produce, consume, and move about. A growing coalition of countries, cities, businesses, and other institutions are pledging to get to net-zero emissions. More than 70 countries have set a net-zero target.”

    “Without a doubt, IGEM 2023 plays a decisive leadership role in accelerating and delivering the region’s Net Zero and just energy transition agenda. There are enormous opportunities to steer us to sustainability while ensuring robust economic and social progress. Something that is exemplified in the Malaysia Madani way of life that my government is strongly advocating and adopting,” he added.

    During the opening ceremony, YAB Dato’ Sri Haji Fadillah bin Haji Yusof unveiled the much-awaited Hydrogen Economy and Technology Roadmap, to unlock the prospect of harnessing a new energy carrier and the knock-on economic effects it would bring. Additionally, Leader Energy signed a strategic partnership with BASF Stationary Energy Storage GmbH, to promote the development of long-duration energy storage projects in Southeast Asia, having already identified 8 LDES projects with a total estimated value of RM1.8 billion.

    YAB also witnessed the signing of a memorandum of understanding (MoU) among PMB Aluminium Sdn. Bhd., Sumitomo Corporation Asia & Oceania Pte. Ltd and Nandina Remanufacturing Pte. Ltd. to expand the use of raw materials derived from retiring aircraft such as airplanes and helicopters, aligning with their shared vision of growing the circular economy to drive sustainable manufacturing.

    Furthermore, during the opening ceremony, Tenaga Nasional Berhad unveiled the Malaysia Green Attribute Trading System, or mGATS, as a national marketplace for Malaysia Renewable Energy Certificates (mREC), as part of the Government’s efforts to further propel the RE sector.

    Delivering the welcoming remarks, Minister of Natural Resources, Environment and Climate Change, YB Nik Nazmi Nik Ahmad said, “Having had the opportunity yesterday to personally meet with some of the delegates, visit the exhibition floor and take part in some of the conference sessions, it is clear to me that IGEM’s role as one of ASEAN’s leading trade events for green tech and eco products remains as relevant today as it was when its doors first opened in 2010.”

    “The government’s energy transition intent under the National Energy Transition Roadmap augurs well with my Ministry’s current effort to decarbonise the power sector through accelerated deployment of RE capacity in our power installed capacity from the existing 25% to 70% in 2050,” he concluded.

    The exhibition floor is organised by the sub-themes of Empowering Cities, Electrifying Mobility, Decarbonising Energy, Accelerating Circularity and Conserving Biodiversity with leading corporations such as UOB, Cypark Resources Berhad, Polymateria Limited, Bio Eneco, Lenovo, Canadian Solar and Cradle Fund making a presence with their impressive booths. The exhibition also features pavilions for Austria and Canada.

    Some of the prominent Malaysian participants include the Ministry of Health (MOH), the Ministry of Science, Technology and Innovation (MOSTI) and the state of Sabah, to name just a few. A key highlight of IGEM this year is the AtoZero ASEAN Summit which is co-located and runs concurrently with the event. Powered by Gentari, the Summit convenes the who’s who from across the net zero value chain, including key decision makers and changemakers to comprehensively explore pathways, policies and business opportunities to drive the global net zero transition agenda.

    IGEM is hosting several conferences on topics such as climate change, low-carbon cities, science and innovation, hydrogen economy, waste management, circular economy, water, energy efficiency and the United Nations Sustainable Development Goals.

    IGEM is also featuring the much-in-demand business networking sessions organized by the Malaysian Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE) and MGTC.

    During the three-day event, numerous Memoranda of Understanding (MoUs) are being signed between Malaysian and international parties, reinforcing their commitment to collaborate in the race towards net zero.

    For further details on IGEM 2023, please visit www.igem.my.

  • Leader Energy and Solarvest Unite to Pursue Regional Growth Prospects

    Leader Energy and Solarvest Unite to Pursue Regional Growth Prospects

    SELANGOR, 6 OCTOBER 2023 – In this strategic collaboration, Leader Energy Holding Berhad (“Leader Energy”) and Solarvest Holdings Berhad (“Solarvest”) will pool their expertise and resources to explore and drive sustainable initiatives across the Southeast Asia (“SEA”) region. This partnership aims to contribute significantly to the advancement of sustainability within the energy sector and beyond. Leader Energy, along with its subsidiaries and jointly controlled entities, holds a prominent role in the independent power producer sphere, specializing in the development, ownership, operations, and maintenance of power assets and projects.

    Under the MOU, the collaboration will primarily focus on the exploration and development of renewable energy, including solar energy, battery energy storage systems, Energy-as-a-Service, as well as other sustainable energy applications. The partnership aims to leverage on the expertise of both parties to deliver innovative solutions within the SEA region and ultimately contribute to the achievement of net-zero emissions goal.

    Leader Energy’s Executive Deputy Chairman, Dato’ Sean H’ng said, “We are grateful to explore the opportunity to collaborate with Solarvest. Considering the ongoing decarbonisation efforts in the SEA region, where numerous countries have set ambitious net-zero targets, this potential collaboration enables us to bolster our footprint in the region. It will position us well to capture untapped opportunities with new green technologies within the region and maximise our contribution towards our net-zero emissions goal. With the collective efforts of both parties, we are optimistic of achieving a fruitful outcome from this collaboration.”

    Solarvest’s Executive Director and Group Chief Executive Officer, Mr. Davis Chong Chun Shiong, said the collaboration is the latest step in the company’s efforts to be a leading clean energy leader in the region. “Southeast Asia is arguably the most exciting region in the world now, with a relatively young, newly affluent, and increasingly eco-conscious consumer population. We are excited to be working with Leader Energy to deliver new and exciting energy solutions to a much broader group of consumers. Indeed, this collaboration is very well aligned with Solarvest’s own 5-Year Strategic Roadmap, aimed at positioning the company as an expert on clean, regenerative energy.”