Industry experts have highlighted that a large part of Pengerang remains undeveloped, but this could soon change with its possible inclusion in the Johor-Singapore Special Economic Zone. Besides serving as a crucial hinterland for the expansion of oil and gas companies in Singapore, the vast land space in Pengerang will also see the potential revival of a renewable solar energy farm project. The proposed 450-megawatt Sultan Ibrahim Solar Photovoltaic Park has been envisioned as Southeast Asia's largest solar energy storage system and will help boost the renewable energy Malaysia could export to Singapore With Pengerang set to become a hub for renewable energy projects, this initiative aligns with global trends toward sustainable energy solutions and underscores the mutual commitment of Malaysia and Singapore towards a low-carbon future. To read more about it: https://lnkd.in/gMdzMnFU In line with regional sustainability goals, YTL PowerSeraya will continue to energise communities and power generations towards a greener, more resilient future. #YTLPowerSeraya #GenecoSG #RenewableEnergy #SolarPower #Sustainability #RegionalCooperation #GreenFuture
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Industry experts told CNA that a large part of Pengerang in Johor is undeveloped land and that this could soon change in the short term given the area’s possible inclusion as part of the Johor-Singapore Special Economic Zone. The vast amount of land space in Pengerang could serve as a hinterland for the expansion of oil and gas companies from Singapore while the possible revival of a renewable solar energy farm project may have the potential to increase collaboration between Malaysia and Singapore. Amir Yusof reports. #JohorSingaporeSEZ #SEZ #SpecialEconomicZone
Johor-Singapore SEZ: Pengerang’s potential as hub for 'spillover' business renews optimism for area’s development
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𝐉𝐨𝐡𝐨𝐫 𝐋𝐨𝐨𝐤𝐬 𝐓𝐨 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐞 𝐖𝐢𝐭𝐡 𝐒𝐚𝐫𝐚𝐰𝐚𝐤 𝐎𝐧 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬 Johor seeks to collaborate with Sarawak on renewable energy initiatives, particularly focusing on hydrogen. The Chairman of the Johor Sustainability Centre announced that Johor Menteri Besar Dato Onn Hafiz Ghazi will be leading a delegation on a working visit to Sarawak by the end of the month to explore partnership opportunities. The state government's strategy includes forming collaborations with both the private and public sectors to strengthen the renewable energy sector. Sarawak, which is developing hydrogen as a renewable energy source, presents an ideal partner for Johor in this endeavor. Close cooperation between the two state governments is essential for gaining a better understanding of hydrogen technology as a renewable energy source. Sarawak recently introduced an energy transition policy, SET-P, to promote renewable energy sources and technology for a clean and sustainable future. The collaboration with South Korea, which includes a grant for developing the Sarawak Hydrogen Roadmap, demonstrates a commitment to decarbonization and sustainability. This collaboration aims at producing hydrogen in Sarawak for export to South Korea, contributing to economic growth, job creation, and environmental stewardship. The Sarawak Hydrogen Roadmap will serve as a blueprint for harnessing the potential of hydrogen energy in the state, covering technological advancements, infrastructure development, and regulatory frameworks. By working together, both states can achieve economic growth while contributing to global sustainability goals. Investing in collaborations like these will not only add value to progress in key sectors but also spark an economic phenomenon aligned with current developments. #InvestJohor #MajuJohor #Johor #Investment #MajuJohor2030 #JSSEZ.
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On 24 November, President Joko Widodo kicked off Indonesia’s first #carbon storage project, the Ubadari carbon capture, utilization, and storage (#CCUS) project. The Ubadari CCUS kickoff followed the inauguration of bp's Tangguh Train III, completed last month for USD 4.8 billion, and has made Tangguh the largest gas-producing facility in Indonesia. Here’s a summary of key details: 📍 Location: Bintuni, West Papua - as one of fifteen Indonesian CCS/CCUS projects in various stages of development, with a combined investment of USD 8 billion 💵 Investment: bp is set to operate the project with an investment of USD 2.6 billion, per an energy ministry statement last September. This figure is yet to be confirmed by the company 🌱 Potential: The facility will potentially store up to 1.8 gigatons of carbon dioxide equivalent, equal to the yearly emissions of roughly 380 million passenger cars (per my rough estimation based on Spring Free EV data). Carbon injection to the plant is set to start in 2026 🍲 Food for thought: The International Energy Agency (IEA) has reported "excessive expectations and reliance on CCUS," in a recent report on the role of oil and gas companies in the #netzero transition. Companies will need to cut their own emissions, diversify, and scale up other decarbonizing technologies for the sector to further accelerate the transition We await further developments
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Singapore is the first country to store carbon in Indonesia 🔷 Carbon capture and storage in Indonesia is witnessing new developments, as the Asian country has begun its first cooperation with its neighbor Singapore in this field, as part of Jakarta’s move towards allocating areas in its territory for carbon capture and storage by other countries. 🔷 Singapore and Indonesia signed a letter of intent to cooperate in the field of cross-border carbon capture and storage 🔷 This comes after a presidential regulation on carbon capture and storage was issued in Indonesia, allowing companies working in this field to allocate 30% of their carbon dioxide storage capacity from international sources. 🔷 Globally, there are about 40 commercial carbon capture and storage facilities in operation around the world, with a total capacity of more than 45 million tons per year of carbon dioxide, according to the International Energy Agency. 🔷 Oil and gas drilling and exploration companies can tap depleted reservoirs or aquifers in their areas for carbon capture and storage operations in Indonesia that can store more than 400 GWt of CO2 equivalent. 🔷 Indonesia has significant CO2 storage potential, estimated at up to 600 billion tons in depleted oil and gas reservoirs or aquifers. 🔷 Jakarta is intensifying its efforts to further cooperate with international partners, in order to expand carbon capture and storage projects in Indonesia. #energyticslimited #renerableenergy #energyefficiency #energyinnovation #storecarbon #carboncapture
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𝐂𝐡𝐢𝐧𝐚'𝐬 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝟓𝟎𝟎 𝐈𝐧𝐯𝐞𝐬𝐭𝐬 $𝟐 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐇𝐮𝐛 𝐚𝐭 𝐌𝐚𝐡𝐚𝐫𝐚𝐧𝐢 𝐄𝐧𝐞𝐫𝐠𝐲 𝐆𝐚𝐭𝐞𝐰𝐚𝐲, 𝐅𝐮𝐞𝐥𝐥𝐢𝐧𝐠 𝐉𝐨𝐡𝐨𝐫'𝐬 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐆𝐫𝐨𝐰𝐭𝐡 • Large-scale renewable energy project: A $2 billion investment from a Chinese Fortune 500 company in a project focused on green energy. • Job creation and economic growth: The project will create over 45,000 jobs and boost Johor's economy by attracting more foreign investment. • Energy hub and deep-sea port: Construction of three artificial islands will house an energy hub, deep-sea port, and various green energy facilities. • Focus on green hydrogen and ammonia: The project will include plants producing clean-burning fuels for future energy needs. • Positioning Malaysia as a leader: This project positions Malaysia as a leader in the regional green energy sector. #Thoughts: > It's important to note that while the project focuses on renewable energy sources like green hydrogen, the #CCGT plant will also use natural gas as a transition fuel. >> There might be some environmental concerns regarding the sea reclamation project, so it would be interesting to see how the development addresses those. *Photo Source Invest Johor
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The national green energy agenda continues to advance as Samaiden Group Bhd receives approval to construct and operate a seven-megawatt biomass power plant in Tangkak, Johor, aimed at supplying six megawatts to Tenaga Nasional Bhd (TNB) starting from Jan 22, 2027, under a 21-year agreement. Meanwhile, Paragon Globe Bhd (PGB) and Solarvest Holdings Bhd collaborate on developing a solar-ready factory and green industrial township in Johor, projected to generate 12.5-megawatt peak (MWp) of renewable energy, aligning with Johor's sustainable development goals and attracting foreign direct investment (FDI) into the state. In addition to these developments, Maharani Energy Gateway Sdn Bhd (MEG) has entered into a collaboration with CEIG (M) Sdn Bhd for two significant projects valued at US$2 billion in Muar, Johor. These projects encompass the establishment of a 1.4-gigawatt combined cycle gas turbine (CCGT) power plant and Malaysia's largest green hydrogen plant. DPS Resources Bhd enters green energy with Sunview Asset Management Sdn Bhd, focusing on solar projects and sustainable development while Ditrolic Energy Holdings Sdn partners with BlackRock's Climate Finance Partnership for 5 GW solar expansion across Asia Pacific, aligned with Malaysia's energy transition. Sabah, on the other hand, positions itself to attract ESG-conscious global investors by highlighting its commitment to environmental sustainability. With substantial investments in forest preservation and emphasis on green technology, Sabah offers unique opportunities in sectors like manufacturing and tourism, bolstered by the Kota Kinabalu Industrial Park (KKIP) for R&D activities. For more ESG updates, please visit https://lnkd.in/gdSuyFgU #zerinhabitat #esg #renewableenergy #greenbuildings #sustainability #roadmaps #frameworks #realestate #solarplant #esginvestments #greeninvestments #greeneconomy #sustainabletransportation
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ex-Relationship Manager Corporate Banking | M.S Candidate, Sustainability Management - Columbia University
The Spring semester was exciting in the Climate Finance and Sustainable Development class: As part of our coursework, under the guidance of Professor Satyajit Bose, my team members Mores Longsomboon, Moyra Rahmadanty, and I have been engaged in an in-depth analysis of the early retirement of the Cirebon 2 CFPP in Indonesia, focusing on transitioning to geothermal energy. Our study highlighted the significant financial and technical challenges involved in replacing coal with renewable energy. By considering the transitioning carbon credit price of $13.50 per tCO2e, our study supports the economic viability of such transitions. This price adjustment aids in facilitating the shift towards geothermal energy, which, despite its great potential, faces substantial engineering and financial obstacles. The complexities of geothermal exploration, including drilling and resource assessment, require detailed planning and substantial investment. The findings from our project emphasize the need for strategic financial planning to effectively navigate these challenges. We, as a team, hope that numerous individuals in emerging markets, particularly Indonesia, will find the findings from our project highly relevant and beneficial for shaping their climate strategies. As the world moves towards sustainable energy solutions, the findings from our research could help inform similar transitions in other regions. Feel free to contact us for more details on our findings or to engage in discussions about sustainable energy transitions. Together, we can contribute to a sustainable energy future. #ClimateFinance #EnergyTransition #Sustainability #RenewableEnergy #CarbonPricing
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Good news: PT Wohlrab Indonesia is now one of the first companies in Batamindo Industrial Park to have solar panels in the entire factory roof area. The installation of a 370kWp solar system, completed in August, contributes to our sustainability goal of consistently increasing the proportion of renewable energy in our processes. As a positive side effect, the panels also act as natural shading to reduce the roof's heat load and, consequently, the power consumption for the aircon in our factory. Reducing the carbon footprint in manufacturing is a challenge, but we are ready to take this path! 💪 🌏 #sustainability #CSR #engineering #coating #tailoredcoating
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Heartfelt congratulations to Johor Plantations Berhad on their groundbreaking Gas Purchase Agreement with Gas Malaysia Berhad, a pivotal moment during Asia Pacific Climate Week 2023 at Persada Johor International Convention Center. Witnessed by YB Tuan Nik Nazmi bin Nik Ahmad and YB Datuk Onn Hafiz Ghazi, this agreement is a giant leap toward sustainable energy for Malaysia. 🇲🇾 Johor Plantations' Biomethane Generation Plant in Sedenak, Johor, is a testament to innovative collaboration. Co-owned by Johor Plantations Berhad and MTC Orec Sdn Bhd, it's one of the first plants designed for direct injection into the National Natural Gas Grid, commissioned successfully in May 2023. Adding to the eco-friendly portfolio, two BioCNG plants in Kluang, Johor, are under construction, set to commission in 2024. The BioCNG upgrading system, overseen by MTC Orec Sdn Bhd, optimizes gas offtake from Palm Oil Mills to injection points. Kudos to Johor Plantations for their visionary move into Renewable Natural Gas (RNG). MTC Orec Sdn Bhd proudly stands as their Biomethane and BioCNG upgrading system partner, contributing significantly to this transformative journey. This initiative not only champions environmental responsibility, avoiding over 200,000 mt CO2 equivalent emissions but also aligns seamlessly with Malaysia's ESG goals, creating job opportunities and spearheading the country's RNG movement. #Sustainability #RNG #EnvironmentalLeadership #MTCOrec
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