Local business operators are likely to better comply with the new Energy Efficiency and Conservation Act (EECA) by utilising RELEVANT, a cloud-based billing and settlement platform designed to streamline energy contracting with flexible adaptation for renewable electricity, thermal energy, or chilled water segments.
Asia CarbonX Change and Electrify Pte Ltd announced today their strategic collaboration to launch RELEVANT through a press statement.
The joint project is a response to the increasing demand for versatile and efficient energy solutions, particularly as companies try to comply with the requirements of the EECA 2024, a landmark legislation that regulates energy consumption and promotes energy conservation across various sectors in Malaysia.
The platform integrates Electrify’s proprietary digital energy trading technology and Asia CarbonX’s expertise in energy usage management to create the platform with a strong focus on reducing carbon footprints and optimising energy resource management.
The platform provides businesses with real-time access to energy data, facilitating smarter contracting decisions and ensuring transparent settlement processes.
