DUBAI, United Arab Emirates, Feb 22 (Bernama-BUSINESS WIRE) — INNIO announced today that it has signed a memorandum of understanding (MOU) with Concord Renewable Energy SDN BHD (Concord Group) to partner in building four power plants across Malaysia fueled by palm oil wastes. The MOU signing took place at Dubai Expo 2020, in a festivity ceremony organized and held by the Malaysian Ministry of Energy and Natural Resources (KeTSA) for Sustainable Energy and Natural Resources week at Malaysia Pavilion, which took place January 30 – February 5, 2022. The project emphasizes Malaysia’s efforts to achieve its COP26 commitments in moving away from fossil fuels and increasing renewable energy projects. The power plants, built in various parts of Malaysia, will deliver sustainable power to the grid while capturing methane. Each plant is expected to operate two INNIO Jenbacher high-efficiency biogas engines, collectively delivering more than 8 MW of power to the grid.
The Jenbacher Type 4 engines, for which INNIO will also supply long-term servicing, are known for their dependability, efficiency and fuel & solution flexibility. This makes them an excellent technology to advance Malaysia’s plans to reduce its reliance on fossil fuels. As part of its COP26 commitment, Malaysia recently raised its National Renewable Energy Capacity target from a 20% increase to a 31% increase of renewables in the national energy mix by 2025.