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MARCH-APRIL , 2023 | @ green

LOCAL NEWS

09

TNB helps Seng Hin Rubber achieve ESG goals

The energy transition initiative can reduce 1,124 metric tons of carbon dioxide per year

TENAGA Nasional Berhad ( TNB ), through its whollyowned subsidiary , GSPARX Sdn Bhd ( GSPARX ) continues to receive support from the plantation industry in intensifying the energy transition with the latest from Seng Hin Rubber ( M )

Sdn . Bhd .
Through the Supply Agreement with Renewable Energy ( SARE ), GSPARX plans to install a rooftop solar photovoltaic system at the Seng Hin factory site in Kuala Krai , Kelantan , with a capacity of 1.3 MWp .
TNB ’ s Chief Retail Officer , Kamal Arifin A . Rahman , said the green technology initiative would enhance the impact of environmentally friendly development and universal well-being in line with TNB ’ s commitment to Environmental , Social and Governance ( ESG ) targets .
“ This agreement also includes other smart energy solutions such as Green Electricity Tariff ( GET ); energy solutions that deliver better energy efficiency and an energy monitoring system ( EMS - Energy Monitoring System ) that can reduce carbon emissions .”
Kamal stated the installation was scheduled to be completed in August 2023 . This initiative to switch to Renewable Energy ( RE ) would enable Seng Hin to enjoy an estimated electricity bill savings of RM18.78 million over 21 years .
“ It aligns with our national aspiration to become a carbon neutral country by 2050 because this initiative aims to
reduce 1,124 metric tons of carbon dioxide yearly , equivalent to greenhouse gas capture by 20,624 trees over 10 years .”
The SARE signing ceremony was held in Kota Baru on Feb 13 , 2023 . It was signed by the Head of State – Retail ( Kelantan ), Ir Khabir Sufi Berhanuddin ; Head of GSPARX Procurement , Ahmad Tarmizi Mohd ; Seng Hin Managing Director , Kor Hock Tart ; and witnessed by GSPARX Board Member and Head of Solutions , TNB Retail Division , Mohamed Azrin Mohamed Ali and Seng Hin General Manager , Lee Seng Pin .
Speaking at the event , Kor Hock Tart said the SARE was an agreement between TNB , GSPARX , as a Registered Solar PV Investor ( RPVI ), and Seng Hin , as a customer , that enabled Seng Hin to practise green initiatives and support the government ’ s agenda towards carbon neutrality by 2050 .
At the same time , it is also a manifestation of empowerment towards ESG by Seng Hin with the agriculture sector acting as a catalyst for similar industries to adopt sustainable development .
To date , GSPARX has secured 357 projects with commercial , industrial & government organisations , generating 249 MWp of solar capacity .
Among them are Mydin Mohamed Holdings Berhad ( MYDIN ), S P Setia , Sime Darby Properties , Public Works Department ( JKR ), SIRIM , FELDA , Kuala Lumpur City Hall , Johor Bahru City Council , Seremban City Council , Ipoh City Council , University Putra Malaysia ( UPM ), University Tun Hussein Onn Malaysia ( UTHM ), TATI University College ( TATIUC ) Perak Transit , Lumileds , SKF Bearing , CJ Bio , Spirit Aerosystems , Primula Beach Hotel and Smart Modular Penang .
Seng Hin Managing Director , Kor Hock Tart ( centre ), together with GSPARX Board Member and Head of Solutions , TNB Retail Division , Mohamed Azrin Mohamed Ali ( third from left ) holding the signed document . Also together are Head of State Retail ( Kelantan ) TNB Retail Division , Ir . Khabir Sufi Berhanuddin ( second from the left ), State General Manager ( State Stakeholder Affairs - Kelantan ) TNB , Muhamad Azli Ab . Rahim ( far left ), GSPARX Head of Procurement , Ahmad Tarmizi Mohd ( second from right ), Seng Hin General Manager , Lee Seng Pin ( third from right ), and Chief Financial Officer , Chai Sin Muh ( far right ).
ness Vice President Chong Chern Peng said : “ Working with like-minded partners such as Plus Xnergy is essential to realise our carbon neutrality goals . Via this collective effort , we hope to leverage Huawei ’ s green solutions to improve power generation and consumption with higher efficiency , safety and the inclusion of more sustainable green solutions so that green power can be advocated and extended to society .”
This collaboration is timely , given escalating electricity costs for sustainable energy enterprises .
The Intergovernmental Panel on Climate Change ( IPCC ) study states that greenhouse gas emissions must peak by 2025 and be roughly halved this decade to limit global warming to 1.5C over pre-industrial levels . Companies that use sustainable energy can cut their energy expenses and carbon footprint .
It found that low-carbon transition investment is six times lower than needed . Corporate organisations drive the energy transition by adopting sustainable energy to accelerate net zero emissions and ensure a healthier and cleaner planet .
Ko is convinced this collaboration with Huawei would speed Malaysia ’ s carbon neutrality by 2050 and ease its energy transition from fossil fuels to renewables , despite Malaysia ’ s 0.69 per cent greenhouse gas emissions .

Malaysia lags in renewable energy

THE passion for clean energy and climate change that was ignited in Malaysian Ko Chuan Zhen by his university lecturers and the viewing of the Oscar-winning documentary “ An Inconvenient Truth ” ( 2006 ), which starred the former Vice President of the United States of America , Al Gore , was first sparked .
Ko , now 39 years old , began his career in renewable energy approximately 15 years ago . He worked on environmentally friendly projects in a dozen different nations before moving back to Kuala Lumpur , the capital of Malaysia .
Plus Xnergy is a firm that assists households , businesses , and buildings in developing their own solar power systems or sourcing clean energy sources from elsewhere . The company was co-founded by him , along with two other school friends , in the year 2012 .
The entrepreneur , who has worked with companies such as the furniture retailer IKEA , the logistics giant DHL , and the entertainment conglomerate Sony , and who has developed six solar farms across Malaysia , stated the level of awareness regarding renewable energy among the people in his country is the highest he has ever known . – @ Green