Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, remarked, "The transformative power of BESS in Malaysia extends far beyond environmental benefits. It serves as a catalyst for cutting-edge advancements in smart grid technology and energy management systems, driving efficient energy use and substantial emission reductions. With incentives like the Green Investment Tax Allowance (GITA), we're creating an enticing platform for both local and international renewable energy investors. The integration of BESS is a monumental leap forward for Malaysia, propelling us toward a future powered by green energy. We anticipate significant reductions in emissions, enhanced grid reliability, and a surge in green investments. Malaysia is on track to become a global hub of sustainable development and environmental stewardship."
Aligned with Malaysia’s ambitious goal of becoming a net-zero emission nation by 2050, the Malaysian Investment Development Authority (MIDA) has formed a strategic collaboration with Informa Markets to drive innovation, attract investment, and position Malaysia as a leader in the region's energy transformation.
“The inclusion of BATTERY & EV Tech marks a turning point for Southeast Asia's BESS industry. This positions Malaysia as a leader in the region's energy transformation by accelerating innovation and attracting investment in BESS solutions." said Gerard Leeuwenburgh, Country General Manager of Informa Markets.
As the world transitions to sustainable energy, BESS is becoming essential across various industries. They provide grid stability, facilitate renewable integration, and enhance energy access and security. These advancements reduce greenhouse gas emissions, improve grid performance, and increase regional energy independence.
Chan Jian Wen, Country Manager of Eaton Malaysia, commented, "At Eaton, we recognise the immense potential of Battery Energy Storage Systems (BESS) to revolutionise Southeast Asia’s energy landscape. Our innovative solution – EnergyAware – has helped numerous critical operation facilities optimise energy consumption and avoid power interruption. We're excited to meet organisations at ENERtec Asia 2024 to bring together insights and industry-leading technology."
John Lewinski, Vice President of The Battery Show, emphasised, "We are thrilled to support ENERtec Asia 2024, reflecting our shared commitment to advancing the battery industry and fostering innovation in the Energy Transition market."
Malaysia is strategically positioned to leverage BESS to achieve its 2050 target of 70% renewable energy. The country's proactive approach aligns with BESS development, highlighting its commitment to green energy. The Malaysia Renewable Energy Roadmap (MyRER) outlines targets and investments for BESS projects as part of its energy transition plan.
Southeast Asia, particularly Malaysia, is experiencing a surge in demand for Renewable Energy (RE), Energy Efficiency (EE), and Electric Vehicles (EVs). Battery Energy Storage Systems (BESS) are crucial for ensuring a stable and uninterrupted electricity supply to meet this growing demand. By enabling the ability to store excess clean energy and releasing it when needed, BESS supports a more sustainable and secure energy future for the region.
ENERtec 2024 will unite the industry's brightest minds, global solution providers, and innovators to showcase latest advancements in mechanical, electrical, energy technology, and battery solutions. The electrifying conferences is also co-organised with The Electrical & Electronics Association of Malaysia (TEEAM), the Energy Industries Council (EIC), and the ASHRAE Malaysia Chapter. For more information, please visit
www.enertecasia.com. About MIDAMIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit
www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.
About Informa Markets Informa Markets (www.informamarkets.com) creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience, and do business through face-to-face exhibitions, specialist digital content, and actionable data solutions. As the world’s leading exhibition organiser, we bring a
diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year.
SOURCE : Malaysian Investment Development Authority (MIDA)FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name : Mr. Nelson Samuel
Director, Green Technology Division, MIDA
Email : nelson@mida.gov.my
Tel : +603-2267 3635
Informa Markets
Name : Ms. Angel Wong
Marketing Manager
Email : angel.wong@informa.com
Tel : +60 16-217 7488
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