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December 24, 2024 -Tuesday |
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KAB MAKES HEADLINES IN TIME MAGAZINE, CEMENTING ITS ROLE IN MALAYSIA'S ENERGY REVOLUTION
Monday 23/12/2024
· Kinergy Advancement Berhad (KAB): Energising the Present, Transforming the Future.
KUALA LUMPUR, Dec 23 (Bernama) -- APAC 2024 Top Energy Sustainability Solutions Provider Kinergy Advancement Berhad (“KAB” or “Group”, “敬业”, Bloomberg: KASB MK), Kinergy Advancement Berhad (KAB), Malaysia’s leading Sustainable Energy Solutions Specialist, has garnered international recognition with a feature in the renowned TIME magazine. This milestone highlights KAB’s increasing role in shaping Malaysia’s sustainable energy sector and its contribution to international sustainability efforts. TIME magazine’s article highlights KAB’s bold journey, tracing its evolution from an electrical engineering company founded in 1997 to a trailblazer in sustainable energy solutions. In the feature titled “We Invest in Our Present, Tomorrow, and Future: Energizing Tomorrow’s Sustainable Energy Solutions Today,” KAB’s transformation into a sustainable energy leader takes centre stage, offering insights into its innovative solutions and strategic growth. KAB’s foray into sustainability began in 2018, long before it became a global priority. Initially specialising in the electrical construction of shopping malls, office buildings, and factories, the company identified a gap in post-construction energy management. This insight led to the establishment of its Sustainable Energy Solutions (SES) division in 2023, a move that also prompted a rebranding to reflect its ambitious vision. The article highlights KAB’s focus on efficiency, renewable energy, and clean energy technologies, including co-generation, waste heat recovery, solar PV systems, and biogas projects. Notably, KAB is Malaysia’s pioneer in introducing ORC-type waste heat recovery systems, converting industrial heat waste into usable energy without additional feedstock. KAB’s business model flexibility is a key driver of its success. The company offers three engagement models: traditional project commissioning, a ‘zero capex’ model where KAB builds and owns power plants while selling energy to clients, and joint-venture arrangements. These models allow clients to access energy solutions tailored to their needs. Additionally, KAB’s strategic partnership with PETRONAS as its only local technical partner reflects its capability in clean energy transition projects. Its innovative district cooling system, designed for Malaysia’s growing network of data centres, also highlights KAB’s foresight in addressing the energy-intensive demands of the digital age. As TIME underscores, KAB is central to Malaysia’s push toward carbon neutrality by 2050. The company’s solutions prioritise reducing energy consumption for large commercial and industrial complexes, leveraging smart technologies for real-time efficiency monitoring. With strategic acquisitions and a rapidly diversifying portfolio, KAB is poised to meet the nation’s growing energy demands while leading the charge toward a greener future. KAB's inclusion in TIME magazine showcases its innovative approach and strong commitment to sustainability. By featuring its achievements on such a prestigious platform, KAB enhances its reputation as a key player in the energy sector and reinforces Malaysia's leadership in the global clean energy movement. SOURCE : Aegis Communication on behalf of Kinergy Advancement Berhad
FOR MORE INFORMATION, PLEASE CONTACT: Name: Jason Fong Tel: +6012-8631134 Email: jason@aegiscomm.com.my
--BERNAMA |
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