Category: Alternative Energy

Elcogen AS: MOU with Korea Shipbuilding and Offshore Engineering and Fraunhofer Institute for Ceramic Technologies and Systems

  • Elcogen signs MOU with KSOE (HHI group) and Fraunhofer IKTS
  • Covers R&D Cooperation on Fuel Cell and Hydrogen Technology

Elcogen, the European manufacturer of clean energy technology that delivers affordable green hydrogen and emission-free electricity, is pleased to announce the signing of a Memorandum of Understanding (MOU) with Korea Shipbuilding and Offshore Engineering (KSOE), a member of Hyundai Heavy Industries (HHI) group, and the Germany based Fraunhofer Institute for Ceramic Technologies and Systems (IKTS). The MOU was signed at recently held CES 2023 in Las Vegas.

From left: Hanna Grano-Fabritius, Chief Commercial Officer of Elcogen Group; Dr. Sung-Joon Kim, Chief Technical Officer at KSOE; Prof. Alexander Michaelis, Director of Fraunhofer IKTS [Image: Elcogen]

The MOU covers close R&D collaboration in the fields of green hydrogen production and emission-free power generation systems. KSOE is a research-oriented intermediate holding company of Hyundai Heavy Industry (HHI) group, one of the world’s largest shipbuilders and is headquartered in Seoul, South Korea. In its own research centers, KSOE is pursuing the development of innovative technologies, including emission-free power generation and hydrogen value chain.

IKTS is a world leading application-oriented research institute in the ceramic sector. IKTS has been developing various fuel cell stack designs, has constructed them as prototypes and tested them for their suitability for different applications including load profiles. Together with its partners, Fraunhofer IKTS develops stacks for use in decentralized energy supply systems – from micro-CHP units to systems with more than 20 kW power. To this end, IKTS selects and tests various components within the stack environment, including long-term and cycle tests, and develops costefficient and automatable manufacturing processes for stack production.

Elcogen will supply its solid oxide fuel cell (SOFC) and solid oxide electrolyser cell (SOEC) technology to the partnership. Elcogen’s technology offers an efficient solution to green hydrogen and emission-free energy production, thereby reducing commercial costs so customers can deliver affordable energy solutions to meet net-zero targets. Elcogen supplies the core technology that sits at the heart of energy security and transition away from fossil fuels.

Enn Ounpuu, CEO of Elcogen, commented: “Our emission-free power generation and green hydrogen production technology has the potential to make an important contribution to the decarbonisation of the energy industry. Today’s agreement with KSOE and IKTS shows that world class shipbuilding and system integrators share that view. We are delighted to be working with two such high quality partners and are looking forward to our collaboration.”

Dr. Sung-Joon Kim, Chief Technical Officer at KSOE added: “The collaboration between KSOE, Fraunhofer IKTS and Elcogen has high value at a time when the shipbuilding and offshore industries are now moving into a zero CO2 era.”

“Today we are taking the meaningful step towards a successful and outstanding collaboration for all of us, and ultimately an important step for global society,” said Prof. Alexander Michaelis, Director of Fraunhofer IKTS, describing the scope of the MOU, “Renewable energies and carbon net zero are the challenge of our time, and in this cooperation, we can apply our many years of experience, particularly in the field of solid oxide fuel cells.”

Click to view the full announcement: http://www.rns-pdf.londonstockexchange.com/rns/0647M_1-2023-1-9.pdf

For further information please visit https://elcogen.com/ or contact:

Elcogen AS
Marek Roostar
marek.roostar@elcogen.com
+372 53 84 6006

Tavistock (Corporate and Financial PR)
Simon Hudson / Nick Elwes / Rebecca Hislaire
elcogen@tavistock.co.uk
+44 20 7920 3150

For more information about KSOE, please visit http://ksoe.co.kr/en/about01

For more information about IKTS, please visit https://www.ikts.fraunhofer.de/en/aboutus.html

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Bintai Kinden Expands Further into O&G

Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company’s 51%-owned sub-subsidiary, Bintai Energy Sdn Bhd (“BESB”), has been awarded a series of subcontracts by Petro Flanges & Fittings Sdn Bhd (PFF) and various customers recommended by PFF, involving the supply of high-grade carbon steel/stainless steel piping, valves and piping accessories to various oil and gas (O&G) businesses valued at RM4.0 million.

Executive Director of Bintai Kinden, En. Azri Azerai

The value of accumulated subcontracts secured through PFF in which BESB is the identified special purpose vehicle for the supply of materials to the O&G industry is now RM12.9 million. PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.

In a separate announcement, the Company is also pleased to note that BESB has received approved licenses as dealers of instrumentation cables and general cables in relation to power and control from Petronas. The licenses are effective from 11 August 2022 to 10 August 2025.

Bintai Kinden also announced that BESB is partnering Puncak Logam Sdn Bhd (PLSB), whose principal business is the trading and marketing of goods, to ensure faster delivery time of products to clients through storing its products, which includes pipe, fittings, flanges, gaskets, stud bolts and structure materials and any other goods in PLSB’s facility while enabling PLSB to source for purchasers in Malaysia for these products.

En. Azri Azerai, Executive Director of Bintai Kinden said, “The latest award of subcontracts to BESB is part of the partnerships and tie-ups we are pursuing to grow our O&G-related business. This includes seeking opportunities and partnerships with companies that share the same vision as Bintai Kinden, in Southeast Asia. We are now expanding into Indonesia through a local partner in the country. We are also delighted with the award of the licenses by Petronas enabling us to supply products and services to O&G businesses in Malaysia. This will certainly be a boost to our O&G arm.”

En. Nuraiman bin Shaiful Annuar, Director of Bintai Energy said, “The partnership with PLSB is strategic to the growth of our O&G-related business because we believe logistics will be important in the supply-chain. It will ensure that products get to clients faster and also at the same time, PLSB will help us to market the products in Malaysia.”

En. Amli Mohamed Amin, Managing Director of PLSB said, “Our partnership with BESB ensures that there are always an inventory of O&G products on-hand that can be shipped out to clients. Given the uncertainties related to the global supply chain, our facility offers a stock of ready supply while at the same time, we can help market these products through our network of clients.”

Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/

Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar

Myanmar’s latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country’s sustainability and electrification efforts, its developer announced today.

The 20-megawatt Taungdaw Gwin mega-scale solar PV project will contribute to Myanmar’s sustainability and electrification efforts. [Image: GPE]

The project was developed by Green Power Energy Company Limited (GPE), a subsidiary of Gold Energy Company Limited (GE), a leading renewable energy developer in Myanmar.

Taungdaw Gwin is the second mega-scale solar project to be completed by the GE group. Clean Power Energy Limited, another GE subsidiary, completed the 30 MW Thapyay Wa project in Mandalay district in December 2021.

With the official opening of the Taungdaw Gwin project, GE’s solar energy capacity stands at 50 MW. GE also operates the 120 MW Thaukyegat (2) Hydropower Project (TYG), commissioned in 2013.

Located on an 80.9-hectare site southeast of Kyaukse, Myit Thar Township, the Taungdaw Gwin project utilizes a solar tracking system so as to maximize photovoltaic (PV) energy captured by 45,980 solar panels. The project is expected to generate 25.1 MW of direct current or 22.9 MW of alternating current per year.

The Taungdaw Gwin project began transmission to the National Grid on 17 November 2022. The energy output is directly linked to the Taungdaw Gwin substation and is connected to the national grid via a 69.6 km 33-kV transmission line built by GPE.

In line with its commitment to give back to the community, the GPE team conducted an in-depth Environmental and Social Impact Assessment before construction. This enabled an understanding of the impact on nearby communities and the environment and helped to facilitate construction in a responsible and sustainable manner.

Through engaging with local community leaders to understand the needs of the residents surrounding Taungdaw Gwin, the GPE team constructed and installed two overpasses measuring 20.1 metres long by 4.5 metres wide. These and other efforts have improved socio-economic benefits to the community in this otherwise harsh area which had faced challenges of accessibility during the development phase of this important project.

U Zaw Win, Managing Director of GPE, said: “We are proud of the successful completion of the Taungdaw Gwin solar facility. We look forward to a sustainable energy source for the future of Myanmar.

“As a partner in nation-building, GPE is deeply committed to infrastructure development and sustainability in Myanmar. This and other renewable energy projects we are involved in will increase the contribution of renewable energy to the national grid while advancing the country’s national electrification goals.”

About Green Power Energy (GPE)
Green Power Energy Company Limited (GPE), a subsidiary of Gold Energy Company Limited (GE), is a renewable energy developer. GPE completed the Taungdaw Gwin solar PV facility, which was officially opened in December 2022. Despite the challenges of the pandemic, GPE completed the project earlier than scheduled.

The solar energy is connected to the Taungdaw Gwin substation, part of the national grid, via a 69.6 km 33-kV transmission line built by GPE. As GPE continues to build upon its track record and execution capabilities, it remains committed to contributing to Myanmar’s clean energy sector in the coming years. Visit https://gpenergymm.com/.

‘Switching On the SUN’ – Samaiden Officially Turns on First Power Generation Facility at Sunway Nexis

Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group’s wholly-owned subsidiary, Samaiden Capital Management Sdn. Bhd.’s first solar investment project at Sunway Nexis has commenced operation on 23 December 2022.

Samaiden will operate and maintain the rooftop solar PV system with an installed capacity of 531 kilowatt-peak (kWp) for a duration of 20 years. Based on the generation of 12.5 million kilowatt hour (kWh) over the 20-year period, this can reduce approximately 8,400 tonnes of carbon emissions.

Group Managing Director of Samaiden, Ir. Chow Pui Hee said, “As part of the diversification plan for our Group, we are delighted to see the completion of this first investment project, in which the Power Purchase Agreement (PPA) was signed with Perbadanan Pengurusan Sunway Nexis (Sunway Nexis Management Corporation) back in December 2021.”

“This is a remarkable milestone for us as this facility will contribute positively to our revenue and cash flow on a recurring basis for 20 years.”

Sunway Nexis Management Corporation Chairman, Mr. Teo Poh Heng said, “We must focus on the future of our planet and emphasize sustainability of renewable energy (RE) and Sunway Nexis is happy to partner with Samaiden as the solar PV investor as this will certainly help to raise awareness of RE and its benefits to the owners and tenants of the building. I must thank Samaiden for taking this bold initiative to invest in Solar PV for Sunway Nexis as this is in line with our nation’s initiative on implementing Environmental, Social and Governance (ESG) principles in the workplace. It starts with wise and timely corporate decisions that has long-term repercussions for all concerned.”

“With the recent announcement made by the Minister of Natural Resources, Environment and Climate Change YB Nik Nazmi Nik Ahmad on the surcharge of 20 sen/kWh to be imposed for industry medium voltage and high-voltage users including multinational corporations, we foresee that the solar PV system will be the best alternative for them to deploy in order to reduce their electricity bills,” Ir. Chow noted.

Samaiden Group Berhad: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/

Snow Lake Lithium Corrects the Record and Confirms Postponed Meeting Date for January 17, 2023

Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (NASDAQ: LITM) (“Snow Lake Lithium” or the “Company”), today corrects the record in response to misinformation perpetuated by the dissident group comprised of Kushkush Investments Pty Ltd (Alexandra Discretionary Trust), M + T K PTY LTD (MTK SUPERANNUATION FUND), Delaware IR LLC, Benjamin Abraham Fogelgarn, Nikola Najdoski, Yukor Mipoz Pty Ltd, Ozzi Pty Ltd, Deerhunter Investments Pty Ltd, and Nova Minerals Limited (collectively, the “Dissidents”).

The Dissidents have announced a purported meeting of the Company’s shareholders to take place on December 23, 2022. This meeting is invalid and will not be recognized by the Company. The Dissidents’ improper attempts to hold a shareholders meeting as well as their repeated false statements regarding management compensation and ongoing initiatives at the Company are unfortunate and serve only to mislead the markets to the detriment of shareholders.

As explained in the Company’s press release dated December 14, 2022, the annual general and special meeting of the Company’s shareholders is now scheduled for January 17, 2023 (the “Meeting”). The Meeting was postponed by the Company’s board of directors, in accordance with applicable law, as a result of concerns that the integrity of the voting process was at risk given inadequate disclosure from the Dissidents, issues with the manner in which the Dissidents solicited proxies, and a new assessment being conducted by the Australian Securities and Investments Commission with respect to an individual believed by the Company to be a joint actor of the Dissidents.

The Company again reaffirms that no meeting of shareholders will take place until January 17, 2023 and that any meeting of shareholders the Dissidents purport to convene prior to that time will be invalid, as will be any business purportedly conducted thereat.

Philip Gross, CEO and Chairman of Snow Lake Lithium, commented “There will be only one meeting at which shareholders will have the opportunity to support either current management or the Dissidents, and it will be held on January 17, 2023. We urge all shareholders to ignore any further attempts by the Dissidents to cause confusion about when and where the Meeting will occur and the issues that will be decided thereat. We also call on the Dissidents to work with management to ensure appropriate disclosure and proxy solicitation procedures are in place ahead of the Meeting, in accordance with applicable law, to prevent any further delays or erosion of shareholder value.”

In light of the Company’s concern with the proxy solicitation process, the Company is encouraging all shareholders to carefully review any proxy they have signed and to revoke any proxies inadvertently signed. As further disclosure is made, shareholders will continue to be entitled to revoke proxies or change their votes. If you have any questions related to proxies, voting instruction forms, or voting of your shares, please contact:

Alliance Advisors
200 Broadacres Drive, 3rd Fl.
Bloomfield, NJ 07003
North American toll free: 833-550-0994
Outside North America: 458-218-3345
Email: LITM@allianceadvisors.com

About Snow Lake Resources Ltd.

Snow Lake is committed to creating and operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the North American electric vehicle and battery markets.

Our wholly owned Snow Lake Lithium(TM) Project now covers a 55,318-acre site that has only been 1% explored and contains an identified-to-date 11.1 million metric tonnes indicated and inferred resource at 1% Li2O.

Forward-looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including without limitation statements with respect to the timing of the Meeting. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including without limitation future actions by the Dissidents. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Some of these risks and uncertainties are described more fully in the section titled “Risk Factors” in our registration statements and reports filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.

For more information, please contact:
Investors
ir@snowlakelithium.com

Media
media@snowlakelithium.com
www.SnowLakeLithium.com
twitter: @SnowLakeLithium
LinkedIn: https://www.linkedin.com/company/snow-lake-resources

SOURCE: Snow Lake Resources Ltd.

Samaiden Group Signs Agreement to Explore Cambodia Venture

  • Group partners Management Venture Asia (Cambodia) Ltd. for clean energy-related opportunities

Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group’s wholly-owned subsidiary, Samaiden Sdn Bhd, has signed a partnership agreement with Management Venture Asia (Cambodia) Ltd. (MVA) today, to explore the clean energy-related business opportunities in Cambodia.

Group Managing Director of Samaiden, Ir. Chow Pui Hee
Director of MVA, H.E. Salah Essa

MVA, a business consultancy and clean energy project developer based in Phnom Penh, Cambodia is primarily engaged in facilitating business ventures and taking products to market and market research throughout Asia. The company has successfully completed the development of 20MW ground mounted solar project in Bavet, in which the project was awarded power purchase agreement by the Electricite du Cambodge in August 2019.

Group Managing Director of Samaiden, Ir. Chow Pui Hee said, “We’re looking forward to the collaboration with MVA given their strong presence in Cambodia. Expanding in Southeast Asia is part of our 5-years plan given the region’s growing population and its geographical advantages.”

“We firmly believe the partnership with MVA will ensure our expansion plans in Cambodia are focused. We are honoured to have MVA as our business partner in the development of clean energy in the country given its vast experiences and network in clean energy infrastructure.

The Director of MVA, H.E. Salah Essa quotes, “We are looking forward to this collaboration with Samaiden in the renewable and sustainable energy businesses in Cambodia and hope to draw on their industry experience and skills to make this venture successful for nation growth and aligning with country goal towards Net Zero Carbon policy 2050.”

Samaiden Group Berhad: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/

Ni Hsin Inks Strategic Collaboration with SIRIM

Group to set up Lithium-Ion Battery Recycling Plant

Ni Hsin EV Tech Sdn. Bhd., a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad (Bursa: NIHSIN, 7215)), today signed a Strategic Collaboration with SIRIM Berhad to promote co-operation between the Parties in the following areas:

YBrs. Tuan Mohd Azanuddin bin Salleh, Senior Vice President, SIRIM Industrial Research, SIRIM Berhad; YBhg. Dato’ Indera Dr. Ahmad Sabirin bin Arshad, FASc, President and Group Chief Executive Officer, SIRIM Berhad; Sofiyan Yahya, Chairman of Ni Hsin Group; Mr. Steven Khoo Chee Kong, Managing Director of NH EV TECH; Rizvi Abdul Halim, Executive Director of Ni Hsin EV Tech [L-R]

(a) setting up of a Lithium-Ion Battery Recycling Plant in Malaysia through Public-Private Partnership (PPP) funding model;
(b) providing an eco-system for a circular economy model in mitigating the impact on the environment as a result of Lithium-Ion Battery being processed illegally in Malaysia;
(c) potentially setting up a Lithium-Ion Battery manufacturing plant in Malaysia; and
(d) introducing a Lithium-Ion Battery Recycling policy working with the Government of Malaysia. (collectively the “Project”)

Khoo Chee Kong, Managing Director of NH EV TECH, said: “This Strategic Collaboration with SIRIM is an extension of our quest for greater participation in the green economy. Having successfully launched our EV motorcycles last month we are looking forward to unlocking another piece of the environmental puzzle. As the world has grown to love and depend on the power and convenience brought by lithium-ion batteries (LIBs), their manufacturing and disposal have increasingly become subjects of political and environmental concerns. Most discarded LIBs eventually are landfilled or stockpiled, contaminating the land while wasting energy and non-renewable natural resources. If not recycled and reused, LIBs will exert massive environmental impacts and accelerate the depletion of mineral reserves. It’s not only environmental pollution that is a problem. During the end-of-life stage of LIBs, poor handling and disposal could increase the risk of fire or poisoning. In the coming years, disposing of huge numbers of batteries from electric vehicles is going to be the real challenge. There is now a need for qualified e-waste recyclers that can handle and recycle LIBs safely and responsibly.”

“The setting up of a Lithium-Ion Battery Recycling Plant is the right step in furthering Ni Hsin’s green mission in support of the government’s commitment towards a more sustainable, resilient and inclusive development in line with the United Nations’ 2030 Sustainable Development Goal (SDG). The collaboration also aims to create an eco-system for a circular economy model in mitigating the impact on the environment and to spearhead the formation of a Lithium-Ion Battery Recycling policy working with the Government of Malaysia. The current LIB recycling market is estimated to be worth approximately $1.7 billion and is expected to increase significantly over the next ten years. In the ASEAN region there is only one such recycling facility in Singapore with a recycling capacity of 14 tonnes of Lithium-Ion batteries per day. Being one of the first movers in this region makes Ni Hsin more attractive to investors who are beginning to consider sustainability factors in their investment decision-making process.”

“We are honoured to work with SIRIM in this green Project who, with their vast knowledge and innovative technical expertise, will be a valuable partner ensuring the success of this green project.” SIRIM President and Group Chief Executive Officer, Dato’ Indera Dr Ahmad Sabirin Arshad said, “Under the green technology master plan 2030 of Malaysia, several strategies were outlined to create a low-carbon and resource efficient economy, thus, in complementing this master plan, SIRIM will be embarking on various projects towards enhancing and promoting sustainability in line with the Sustainable Development Goals (SDGS).”

“SIRIM is ever ready to work with any parties who are keen to explore any form of recycling business where we can contribute in terms of the latest technologies towards building our local recycling capabilities for e-waste”, said Dato’ Indera Dr Ahmad Sabirin Arshad.

The SIRIM-Ni Hsin Lithium-Ion Battery Recycling Pilot Plant will be fully operational in 2023 with annual recycling capacity of 550 tonnes of lithium-ion batteries. For a start, the output will be sold to lithium-ion batteries manufacturers in the form of black mass. “Under this collaboration both companies will focus on the recovery of precious metals such as lithium and cobalt in 2024 and embark on lithium-ion battery manufacturing 2025, when the volume by processing more lithium-ion batteries from other nations” he added.

Ni Hsin Group Berhad: NIHSIN [Bursa: 7215] [RIC: NHSN:KL] [BB: NHR:MK], http://www.ni-hsin.com/

Samaiden Shareholders Pass All Resolutions at AGM

  • Political stability and increasing awareness of climate change to drive RE investment and growth

Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, reported that shareholders have passed all resolutions at the 3rd AGM held today.

Group Managing Director of Samaiden, Ir. Chow Pui Hee

Among the resolutions passed were the re-election of Lim Poh Seong and Fong Yeng Foon as directors pursuant to the Constitution of the Company as well as the re-appointment of TGS TW PLT as auditors of the Company. Shareholders also passed the resolution empowering the board of directors to issue and allot up to 10% of the total number of issued shares of the Company for the time being pursuant to Sections 75 and 76 of the Companies Act 2016.

Group Managing Director of Samaiden, Ir. Chow Pui Hee said, “This is the first ever AGM we are holding physically ever since Samaiden was listed in October 2020 on the ACE Market. We are glad to meet our shareholders and would like to thank them for their trust and confidence in us as we endeavoured to steer the business safely through the COVID-19 pandemic. While financial year ended 30 June 2022 (FY2022) has not been without its challenges, we note the increasing adoption of RE as businesses and organisations come to terms with climate change and also volatile fossil fuel costs.”

“Over the mid-to-long term, we see greater clarity for RE given the rollout of the National Energy Policy 2022-2040 in September 2022 outlining the key priorities for Malaysia’s socioeconomic development. Given that sustainability practices are increasingly being used to benchmark businesses, easy access and the ready availability of RE is crucial for growth as it also covers other indices used to gauge green attributes such as carbon credits, carbon emissions and RE certificates.”

“We view positively the more stable political climate in Malaysia as this will boost investor sentiment and funding for more RE infrastructure. Samaiden continues to seek opportunities to offer our EPCC services for the installation of solar PV systems as well as solar and non-solar power plants by leveraging on our core competency and experience in providing end-to-end services for potential solar PV and other non-solar projects.”

Samaiden has an outstanding orderbook of RM325.40 million as at 30 September 2022 with earnings visibility over the next three years.

Samaiden Group Berhad: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/

SEA Solar & Energy Storage Market is Ready to Take Off

SEA’s 2025 target to have 35% of total power capacity from renewable energy sources is expected to be supported by the strong solar and Energy Storage sector growth. How exactly should the quota availability be matched?

Energy Box is organizing Solar Energy Storage Future SEA 2022 scheduled on December 6, 2022.

The congress will invite the ASEAN government, local power companies, leading companies with the most development experience, qualifications and investment intentions in SEA, and 600+ professionals to share SEA’s solar and Energy Storage project development strategies, and jointly analyze the future development of solar and Energy Storage markets. Including cutting-edge trends in its new energy market.

Event details:
Place: Bangkok, Thailand
Event access: www.energy-box.com/congress-sea-2022

Honored Speakers (confirmed/inviting)

1. Ruth P Briones,Chairman and CEO at Greenergy Solutions Inc.
2. Teerasak Ne, Project Manager at EDL Gen Solar Laos
3. Akarin Suwannarat,Special Assistant to CEO / EVP at Energy Absolute PCL (EA)
4. Davide Pacheco,CEO Asia Pacific and Board Member at Amarenco
5. Daniel Gaefke, APAC Director at BayWa r.e.
6. Vincent Bakker, Chief Financial Officer at Entoria Energy
7. Jack Kneeland, Partner at Vector Energy Advisory
8. Michiel Prompers, Managing Partner at Green Horizon Capital Partners
9. Franck Constant,CEO at Constant Energy
10. Rassa Herabat , Head of Asset Management and RE Project Manager, Investment Department at Prime Road Power
11. Sophie Horak,Team Lead Business Development & Sales bei meteocontrol
12. Bancha Yathip, Assistant Project Director ที่ Gunkul Engineering Public Company Limited
13. Joseph Tomkiewicz, Partner , Co-Chair Energy Industry at Tilleke & Gibbins
14. Chinnawat Pama,Solar Power Team Lead | Renewable Energy Consultant at Mott MacDonald
15. Jerin Raj，Director-South East Asia at Black & Veatch
16. Khomson Khenyotha,Country Head – Thailand, TotalEnergie Distributed Generation Asia at TotalEnergies
17. Pasamon Pechrasuwan Principal Consultant & Associate Fellow at Frost & Sullivan Asia-Pacific
18. Dzung Khoa Nguyen , Managing Director at INPOS Co., Ltd.
19. Ibrahim Kocagoz, Engineering Solutions Director at PCS Thailand
20. Assco. Prof. Dr. Wirachai Roynarin,Founder and Exclusive Committee at Thailand Renewable Energy for Community Association(TRECA)

About Energy Box

Energy Box is one of the largest vertical international media companies, dedicated to renewable energy(solar, wind, energy storage, green hydrogen).

Business: Pan Europe, Africa & Middle Eats, LATAM and Asia. Currently we have had 40+ events , sales consulting, projects development, financing, meetings, interviews and peer to peer services.
– Daily Emailings: 100,000+
– Social Media Blasts: 2 million impressions( Globally)

Energy Box Linedin: www.linkedin.com/company/energyboxexpo/mycompany/?viewAsMember=true

Bintai Kinden Awarded RM39 Million Project from TNB

Company to instal underground cable in Nusajaya, Johor

Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company’s wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has been awarded a project worth RM39.0 million for the installation of a 132kV underground cable double circuit from Tenaga Nasional Berhad (TNB).

En. Azri Azerai, Executive Director of Bintai Kinden

The project’s scope of work involves installing a new 132kV XLPE cable system from the PMU Financial Centre to the GDS Data Centre Substation located in Nusajaya, Johor. The new XLPE cable comprises two circuits, and three phases, with one cable of 1600mm2 copper per phase.

KBK, a specialist in M&E engineering services, has 319 days from commencement to complete the project.

En. Azri Azerai, Executive Director of Bintai Kinden said, “The Company continues to make progress in seeking more projects leveraging on its expertise and experience in M&E engineering services including design, installation and commissioning. This latest project award from TNB reflects the opportunities stemming from the growth momentum in the economy.”

“We are also committed to growing our range of expertise and are constantly looking to diversify as we transform to become a conglomerate through investing in unique and niche businesses with huge earnings accretive potential.”

Past TNB projects in which Bintai Kinden has been involved in include the 132kV Kuchai Lama switching station, 132kV MRT Bukit Serdang switching station, 132kV single-circuit underground cable from PMU Galloway to PMU KLCC2 and, 132kV bulk supply connection to KTMB Sentul feeder station.

Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/