Citaglobal, Genetec Accelerates Renewable Energy Adoption Through MYBESS

Kebawah Duli Yang Maha Mulia Seri Paduka Baginda Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al Musta’in Billah and Kebawah Duli Yang Maha Mulia Seri Paduka Baginda Raja Permaisuri Agong Tunku Azizah Aminah Maimunah Iskandariah binti Almarhum Al-Mutawakkil Alallah Sultan Iskandar Al Haj graced the Citaglobal Genetec BESS’ (“Citaglobal”) festive “Majlis Rumah Terbuka Aidilfitri 2023” at the Genetec Technology EPIC Plant (“Genetec EPIC plant”) today.

The event follows the Company’s recent launch of Malaysia’s first locally developed and produced Battery Energy Storage System (“BESS”) at the Genetec EPIC plant on 11 April 2023. During the launch, the Company showcased the fully operational 1MW BESS prototype (“MYBESS”) that was successfully developed and piloted in December 2022, and currently supports the Genetec EPIC plant’s energy needs.

Citaglobal Chairman Tan Sri Dato’ Sri Mohamad Norza bin Zakaria said, “Globally, we are seeing a significant shift towards renewable energy (“RE”). On our part, Citaglobal Genetec BESS is working hard to support this shift within the region, especially in supporting the nation’s energy sufficiency efforts in a sustainable and affordable manner. Malaysia’s pledge to commit to achieve net zero carbon by 2050 sets us ahead of our regional peers, and we are the frontliners in this transition. With the launch of MYBESS last month, we have been working hard to engage different stakeholders to build awareness and trust, whilst ensuring continuous innovations and developments to provide a technology and hardware is reliable and sustainable. We hope that the MYBESS end-to-end solution will be able to play a role in supporting our nation’s RE and electrification ambitions.”

Technology leader in providing full turnkey smart factory automation manufacturing lines, Genetec Technology Berhad (“Genetec”) Founder and Managing Director Chin Kem Weng commented, “We are still in the early stages of commercial and industrial adoption of RE. This is the beginning of our MYBESS journey. As countries and companies step up their efforts to transition towards becoming more sustainable, we want to position MYBESS as the go-to solution to support their business and national needs. Locally, Malaysia is well supported by policies, frameworks, budget commitments and incentives to promote the adoption of clean energy solutions, enabling the shift from fossil-based energy generation. There are many opportunities ahead and we look forward to it.”

Citaglobal Genetec BESS is the special purpose vehicle formed by Citaglobal Berhad and Genetec to develop and deliver end-to-end RE solutions for commercial and industrial purposes in support of advancing Malaysia’s RE needs and ambitions.

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