Uzma Ink 3 MOUs On Battery Storage Solutions And Energy Efficiency Solutions

 

 

 

 

 

KUALA LUMPUR, MALAYSIA – Uzma Environergy Sdn Bhd (“Uzma Environergy”), a wholly owned subsidiary of Uzma Berhad has entered into three Memorandum of Understanding (MOU)s at the 6th International Sustainable Energy Summit (ISES) 2024 which was held at the Kuala Lumpur Convention Centre.

YAB Dato’ Sri Haji Fadillah bin Haji Yusof, Deputy Prime Minister and Minister of Energy Transition and Water Transformation (“PETRA”), alongside YB Tuan Haji Akmal Nasrullah Bin Mohd Nasir, Deputy Minister PETRA, YBhg. Dato’ Haji Mad Zaidi Bin Mohd Karli, Secretary General PETRA, and YBhg. Dato’ Mohamad Razif Bin Haji Abd Mubin, YBrs. Tuan Ahmad Zairin Ismail, Chairman of the Sustainable Energy Development Authority (SEDA) Malaysia, and YBrs. Dato’ Kamarul Redzuan bin Muhamed, Group CEO of Uzma Berhad, witnessed the exchange of the MoUs between Uzma Environergy and three parties namely, Terawatt Ltd (“TERAWATT”), MIMOS Semiconductor Sdn Bhd (“MSSB”) and Universiti Tenaga Nasional Sdn Bhd (“UNITEN”).

Uzma Environergy via the strategic collaborations with Terawatt, MSSB and UNITEN will provide opportunities for Uzma Environergy to leverage the expertise of technology specialists for battery energy storage system (“BESS”), with potential of adoption of the same in Uzma Environergy’s future renewable energy endeavors.
Uzma Environergy’s Chief Executive Officer, Mohd Hilmy Abdullah Zawawi, expressed his enthusiasm for this collaboration, stating “it is a pivotal moment for Uzma Environergy to expand and be aligned with the innovation of the RE technology. Scaling up BESS solutions is not an option but a necessity for advancing the Malaysia’s RE industry as it is a tested and proven solution internationally. BESS Solutions is among the factors to ensure a consistent and reliable power supply.”

“Uzma Environergy is pursuing opportunities to participate in the Government’s Corporate Renewable Energy Supply Scheme (“CRESS”) and we are considering the firm output capacity as in the requirement, the collaborations with BESS technology specialists such as Terawatt, MSSB and research and development activities with UNITEN are timely”, Mohd Hilmy further added.

When speaking about its collaboration with MSSB and UNITEN, Dato’ Kamarul Redzuan Muhamed said “Uzma Environergy is looking forward to the opportunities to collaborate on facilities, resources and expertise of MSSB and UNITEN. When coupled with industry and commercial insights, these collaborations are expected to enhance Uzma Environergy’s research and development capabilities and competitive advantages.”

In respect of its 50MWac large scale solar plant, Uzma Environergy clarified that its flagship project i.e., Uzma Kuala Muda LSS plant is in the midst of achieving the initial operation date (IOD) and has obtained our generation license from the Suruhanjaya Tenaga on 19 August 2024. Uzma Kuala Muda’s 50MWac large scale solar plant has resulted in approximately RM225 million worth of investment.

Uzma Environergy extends its appreciation to TERAWATT, MSSB and UNITEN for their confidence in Uzma Environergy’s capabilities and commitments in fostering green initiatives. The execution of the MOUs is another milestone for Uzma Environergy to position itself as a key player in advancing technology solutions in energy storage and renewable energy in Malaysia.