Category: ESG

Malaysia releases Simplified ESG Disclosure Guide for SMEs in Supply Chains

First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.

Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), today launched a Simplified ESG Disclosure Guide (SEDG), making Malaysia the first country globally to provide small-to-medium enterprises (SMEs) within global supply chains with a streamlined and standardised set of guidelines in relation to environment, social and governance (ESG) disclosures.

From Left to Right: Brahmal Vasudevan (Board Member, Capital Markets Malaysia), Datin Azalina Adham (Board Member, Capital Markets Malaysia), Dato’ Seri Dr. Awang Adek Hussin (Chairman, Capital Markets Malaysia & Executive Chairman, Securities Commission Malaysia) and Navina Balasingam (General Manager, Capital Markets Malaysia)

The SEDG consolidates and simplifies the many complex global and local ESG-related frameworks to improve the availability of ESG data and information by SMEs.

In formulating the Guide, public and market consultations were conducted with multiple stakeholder groups — including large multinational and public listed companies (“PLCs”), SMEs, and regulatory and policy stakeholders — to better understand the disclosure challenges, needs and expectations of SMEs within the supply chain.

Dato’ Seri Dr. Awang Adek Hussin, Executive Chairman of SC, and Chairman of CMM said, “As the global sustainability movement forges ahead amid heightened regulatory scrutiny and investor demand for more deliberate company action towards net zero goals, the SC is committed to ensuring that our companies, both large and small, are prepared to meet global ESG requirements.”

“Recognising that SMEs are particularly exposed to risks from supply chain vulnerabilities, the SC welcomes the release of the SEDG which will help SMEs get ahead of the curve and remain relevant in a constantly evolving global marketplace,” he said.

“As we collectively transform and elevate Malaysia’s economic system through the adoption of international standards and best practices, it is important to ensure that no SME is left behind. To support inclusive and extensive adoption, CMM will launch the Bahasa Malaysia and Simplified Mandarin versions of the SEDG by end 2023,” Dato’ Seri Dr. Awang Adek added.

The release of the SEDG is aligned with recent national policy initiatives aimed at elevating business in Malaysia towards a synergy in commercial success and sustainability, particularly in the manufacturing sector, as the nation steps up its net zero commitments. These include the New Industrial Master Plan (NIMP) 2023, as well as the Industry Environmental, Social, and Governance (i-ESG) Framework and National Energy Transition Roadmap (NETR).

The SEDG comprises 35 priority disclosures that are aligned with local and global sustainability guidelines which will enable SMEs to respond to disclosure requests from multiple stakeholders, including but not limited to customers, investors, banks and regulators.

It is further categorised into Basic, Intermediate and Advanced, to cater to the different levels of sustainability maturity of each SME. The disclosures are applicable across all industries with different levels of priority, and SMEs are encouraged to determine the significance and relevance of these disclosures to their companies.

“The journey of adopting sustainable practices can be daunting for SMEs. As such, our goal is to empower them with a framework that provides straightforward guidance that is structured and practical for SMEs to navigate the process of tracking and reporting their ESG data,” said Navina Balasingam, the General Manager of CMM. “Beyond the Guide, CMM has also launched our SEDG Adopter Programme to support supply chain actors.”

The Adopter Programme will provide SMEs with access to in-person training, tutorials, and workshops nationwide to guide SMEs in disclosing ESG data. The programme aims to facilitate learning and sharing of experiences from a community of practitioners facing similar successes and challenges in implementing ESG reporting.

“We are encouraged by the overwhelming reception to the SEDG Adopter Programme which includes major multinational supply chain players, SMEs, numerous financial institutions, government agencies and NGOs, as well as several local chambers of commerce. Their commitment to encourage and support SMEs within their networks to develop ESG reporting practices is highly commendable,” Navina added.  

The early adopters of the SEDG from the various categories include CIMB Bank, Credit Guarantee Corporation, Generali, Hong Leong Bank, Malaysia Venture Capital Management (MAVCAP), Maybank, Nestlé Malaysia, PANTAS, Penjana Kapital, Thoughts in Gear (TIG), UOB Bank and Volvo Trucks Malaysia.

The rest include Dewan Perniagaan Melayu Malaysia (DPMM), The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), The Malaysian Associated Indian Chambers of Commerce and Industry (MAICCI), Small and Medium Enterprises Association (SAMENTA), SME Association of Malaysia, Malaysian Dutch Business Council (MDBC), Business Finland and UN Global Compact Network Malaysia & Brunei.

The SEDG is aligned to global, local and government frameworks and reporting standards including the Global Reporting Initiative (“GRI”), the International Sustainability Standards Board (“ISSB”), the Bursa Malaysia (“Bursa”) Listing Requirements, Bursa’s Sustainability Reporting Guide as well as the Malaysian Code on Corporate Governance (“MCCG”). CMM also plans to launch specialised sectoral disclosure guidance in early 2024.

For more information, visit https://sedg.capitalmarketsmalaysia.com/

About Capital Markets Malaysia (CMM)
The Securities Commission Malaysia (SC) set up CMM in 2014 to spearhead the local and international positioning as well as profiling of the Malaysian capital market. Funded by the Capital Markets Development Fund, CMM showcases the competitiveness and attractiveness of the various segments of the Malaysian capital market – to promote international participation and enhance opportunities for domestic capital market intermediaries. CMM works to support the advancement of these entities through various initiatives and partnerships, focusing on four key areas: sustainable finance and investing, the Islamic capital market, the digital market, and capital market funding opportunities through the private market.

BayWa r.e. Solar Trade Partners with Huawei to Launch EV Chargers in Thailand, Reinforcing Commitment to Thailand’s Sustainable Energy Transition

BayWa r.e. Solar Trade, the solar trading arm of the global renewable energy developer, service provider and solar distributor, launched the sale of Electric Vehicle (EV) chargers in partnership with Huawei in Thailand at the ASEAN Sustainable Energy Week 2023.

BayWa r.e. and Huawei unveiled the EV Chargers at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, officiated by Junrhey Castro, Managing Director of Solar Trade in Southeast Asia, and Nitinan Pooltananan, Business Development Manager at Huawei Digital Power Thailand.

Junrhey Castro, Director of Solar Trade in SEA, shared his perspective on the collaboration, stating, “As a recognised leading Solar Trade Business, we are thrilled to be working together with Huawei in promoting EV charger technology in Thailand. We are committed to helping the country in setting up charging stations nationwide through our partners and customers. We hope to make EV chargers readily accessible and empower individuals and businesses to actively participate in the transition to clean transportation solutions.”

Thailand’s commitment to carbon neutrality and net-zero greenhouse gas emissions at COP26, combined with the unexpected uncertainty in oil and gas prices, has accelerated Thailand’s EV market to a new peak. At the beginning of 2022, Thailand rolled out several tax-related measures to boost domestic EV demand, including exemption or reduction of import duty and excise tax and conditional subsidies for imported EVs.

Thailand, as a regional auto manufacturing hub, is the key force in driving the region towards the EV car transition, with the country accounting for almost 79% of all EVs sold in Southeast Asia in the first quarter of 2023. By 2023, Thailand aims to have EVs account for 30% of its annual car production of 2.5 million vehicles. To support this goal, infrastructures integrated with smart supply-demand management should be in place to enable the transition towards decarbonizing the transport industry.

BayWa r.e. Solar Trade has been promoting sustainability through its best-in-class products and services with logistics, warehousing and technical capabilities, and consulting for its growing regional customer base. By having EV chargers as part of the distribution portfolio, alongside other solar products such as solar inverters, solar-charged batteries, solar modules and other solar solutions, Solar Trade aims to encourage the faster adoption of electric vehicles. The addition to the portfolio attempts to decrease the reliance on conventional energy sources and grid power, thereby ensuring a greener and more sustainable future for generations to come.

Expressing their enthusiasm for the collaboration, Logan Yu, President of Huawei Digital Power Thailand, commented, “BayWa r.e., with its global footprint, has been successful in delivering Huawei technological advancements in the market. By adding our cutting-edge EV charging solutions to their product offering in Thailand, customers will now have even more access to this technology, driving a positive change in Thailand’s energy landscape and contributing to Thailand’s broader mission of achieving a carbon-neutral future.” 

BayWa r.e. Solar Trade established its Southeast Asia presence in Thailand in 2017 and expanded to the Philippines in 2019 before further forays into Vietnam and Malaysia in the following years. They recently celebrated cumulative sales of 1 Gigawatt in Thailand for 2023.

BayWa r.e. AG (BayWa r.e.):
At BayWa r.e. we r.e.think energy – how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.

We are a leading global developer, service supplier, distributor and solutions provider and have brought over 5.5 GW of energy online and manage over 10 GW of assets. We are also an Independent Power Producer with an expanding energy trading business.

BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon compensated, we are also committed to our own sustainability journey.

Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.

Our shareholders are BayWa AG, a €27.1 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment.

Contact information:
PRecious Communications for BayWa r.e. AG
Li Wen Tan
Tel: +65 6303 0567
Email: baywa-re@preciouscomms.com

BayWa r.e. AG
Salim Pathan
Marketing Manager, APAC
Tel: +66 62 698 7162
Email: salim.pathan@baywa-re.com

Mark Cooper
Corporate Communications
Tel: +49 89 383932 3611
E-mail: mark.cooper@baywa-re.com

Another World’s First: INNIO Receives ‘H2-Readiness’ Certification from TUV SUD for Engine Power Plant Concept

  • The INNIO Group receives the “H2-Readiness” certification from TUV SUD for its Jenbacher Type 4 and 6 hydrogen product line and the associated concept to operate power plants on 100% hydrogen.
  • This independent certification increases investment security for companies and municipalities during the transition to net zero.
  • The Jenbacher hydrogen engine power plant concept makes fast, efficient, and future-proof energy supply possible

The INNIO Group (INNIO*) has received “H2-Readiness” certification from TÜV SÜD for its Jenbacher* engine power plant concept. This certification highlights how an investment in hydrogen-ready Jenbacher cogeneration systems is an investment in a clean energy future. The concept enables both the conversion of existing Jenbacher power plants to hydrogen (H2) and the planning of new hydrogen-ready Jenbacher power plants. As a result, they can make an important contribution to a secure, affordable, and climate-friendly supply of power and heat.

INNIO Accepting Certification – Ferdinand Neuwieser (left) and Dr. Andreas Kunz (right) during the certificate handover at INNIO’s headquarters in Jenbach, Austria

Offering communities and companies a high degree of investment security, this first stage of TÜV SÜD certification attests the “H2-Readiness” of INNIO’s plant concept based on the Jenbacher Type 4 and 6 product lines. INNIO is the world’s first company to offer energy solutions based on an “H2-Readiness” concept certified by TÜV SÜD for new engine power plants and for converting existing power plants to run on 100% hydrogen.

“We are ‘Ready for H2,’ and the independent certification from TÜV SÜD provides even more investment security for companies and municipalities,” said Dr. Andreas Kunz, chief technology officer of the INNIO Group. “Hydrogen-ready energy solutions secure our energy supply of tomorrow.”

“Our ‘H2-Readiness’ certification guideline enables engine manufacturers, plant operators, and insurers to apply a standardized and transparent evaluation framework,” said Ferdinand Neuwieser, CEO of TÜV SÜD Industrie Service GmbH. TÜV SÜD took the contributions of the INNIO Group’s experts and other key players in the industry into account in a peer-review process to develop the certification guideline.

The certification covers a complete engine power plant with all relevant subsystems. It does not refer exclusively to new “H2-Ready” engine power plants, but also defines a roadmap for retrofitting existing plants – from gradual admixing to pure hydrogen operation.

TÜV SÜD’s certification of an “H2-Ready” engine power plant consists of three stages and three corresponding certifications: During the bidding phase, a Concept Certification is issued for the conceptual design including all boundary conditions. INNIO is the first manufacturer worldwide to receive this Concept Certificate. In the implementation phase of a specific project, a Project Certificate is issued based on the final plant design and its specifications. Finally, a Transition Certificate evaluates the conversion/retrofitting of an existing engine power plant to hydrogen operation. This third stage also includes a review of the retrofit measures and their impact on safety and performance. The certification offered by TÜV SÜD can be applied to a wide range of engine power plants.

INNIO is a pioneer in the field of hydrogen with its technology designed for gas and hydrogen mixtures. With its Jenbacher “Ready for H2″** technology, INNIO is also one of the first companies to offer engines in the 1 MW class that can operate on 100% hydrogen. As of 2025, the entire Jenbacher product portfolio will be rolled out for operation with 100% hydrogen. Due to their huge operational flexibility and short start-up times, Jenbacher energy solutions are essential for stabilizing energy systems that are increasingly dependent on volatile renewable energy sources.

About INNIO Group
INNIO* Group is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With its product brands Jenbacher* and Waukesha* and its digital platform myPlant*, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. INNIO is individual in scope, but global in scale. With its flexible, scalable, and resilient energy solutions and services, INNIO enables its customers to manage the energy transition along the energy value chain wherever they are in their transition journey.

INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 4,000 experts provides life-cycle support to INNIO’s more than 55,000 delivered engines globally through a service network in more than 100 countries.

In March 2023, INNIO’s ESG rating ranked first out of more than 500 companies worldwide in the machinery industry assessed by Sustainalytics.

For more information, visit INNIO’s website at www.innio.com. Follow INNIO Group and its brands on X (formerly known as Twitter) and LinkedIn.

About TÜV SÜD
Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. Over 26,000 employees continually improve technology, systems and expertise at more than 1,000 locations in around 50 countries. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving, renewable energy and hydrogen technologies safe and reliable. www.tuvsud.com

* INNIO, Jenbacher, Waukesha, and myPlant are trademarks of the INNIO Group or one of its affiliates. All other trademarks and company names are the property of their respective owners.

** In general, “Ready for H2” Jenbacher units can be converted to operate on up to 100% hydrogen in the future. Details on the cost and timeline for a future conversion may vary and need to be clarified individually.

Contact Information
Susanne Reichelt, INNIO Media Relations, susanne.reichelt@innio.com +43 664 80833 2382
Dr. Thomas Oberst, TÜV SÜD AG, thomas.oberst@tuvsud.com +49 89 57 91 23 72

PT Tunas Timber Lestari and PT Inocin Abadi obtain IFCC Sustainable Forest Management Certification

  • Korindo Group companies certified for Sustainable Forest Management by Indonesian Forest Certification Cooperation (IFCC).

PT Tunas Timber Lestari and PT Inocin Abadi, Papua-based Korindo Group subsidiaries and forest concession business license holders, have been awarded Sustainable Forest Management certificates from the Indonesian Forest Certification Cooperation (IFCC).

PT Tunas Timber Lestari and PT Inocin Abadi’s director Kim Young Cheol (third from the right) at the certificate handover ceremony Monday (10/09) [Image: Korindo]

The certificates were presented in a ceremony Monday, Oct 9, with PT Tunas Timber Lestari and PT Inocin Abadi executive director Kim Young Cheol, Korindo’s Plantation Division general manager Kim Nam Hong, IFCC’s executive director representative Ragita, and PT Mutuagung Lestari’s director Sumarna.

The IFCC Sustainable Forest Management program, with PEFC-approved standards from the international framework for sustainable forest management (ITTO and PEFC), incorporates the concept of continuous improvement (Plan, Do, Check, Act). IFCC is a non-governmental organization which promotes and boosts sustainable forest management practices in Indonesia through certification meeting PEFC sustainable forest management benchmarks.

Both PT Tunas Timber Lestari and PT Inocin Abadi went through a lengthy process to obtain certification, including administrative selection and audits. At the ceremony, Kim said he was proud of their accomplishments. “We still have a long way to go when it comes to creating sustainable forests, but earning this certificate feels like a step forward.”

Ragita appreciated the commitment from both firms in achieving sustainable forest management through IFCC certification. “With these certificates, we expect PT Tunas Timber Lestari and PT Inocin Abadi to set a strong example and encourage fellow forest operators, as well as help our forests become more sustainable and useful for society,” she said.

This certification is a vital step in maintaining and enhancing forest management sustainability. Certified forest management will also contribute value to Korindo’s product and improve acceptance in the global markets. With collaboration and shared commitment, Korindo believes its practices will continue to grow and provide long-term benefits for the environment, society, and its companies.

About Korindo

Korindo Group (Korindo) was established in 1969, and consists of companies engaged in the field of natural resources, industrial paper manufacturing, heavy industry, logistics, finance, and property. As one of the major corporate groups in Indonesia, Korindo has contributed significantly to the nation’s development in various ways.

Visit: https://www.korindonews.com, and watch the video: www.korindo.co.id/group-profile/

Contact: pr@korindo.co.id

PT PLN receives 2 Asian Experience Awards 2023, for Customer Service Innovation, Digital Transformation

PT PLN (Persero) received two awards from The Asian Business Review at the Asian Experience Awards 2023. The awards, for Ux and Dx in the Energy category, were presented by Simon Hyett, Contributing Editor, The Asian Business Review, to Darmawan Prasodjo, the President Director of PLN, at the Asian Experience Awards in Singapore on Thursday, October 5th.

The Indonesia User Experience of the Year and Indonesia Digital Experience of the Year, presented to President Director Darmawan Prasodjo, PLN, at the Asian Experience Awards 2023.

PLN received two awards in the energy category: Indonesia User Experience of the Year for the PLN Mobile application and Indonesia Digital Experience of the Year for the company’s digital transformation. This achievement is the outcome of PLN’s transformation and innovation, which has enabled it to give excellent service to consumers.

According to the Asian Business Review, PLN, an Indonesian state-owned enterprise, demonstrates the most advanced innovation in the energy sector, especially electricity. The coveted prize was granted to PLN as a worldwide acknowledgement of its achievements among 16 countries and 60 well-known Asian companies. PLN is the only company in the energy sector to get an award at this event.

Darmawan Prasodjo, President Director of PLN, said this achievement is concrete proof of PLN’s innovation and transformation, which continues to be oriented towards customer focus. “PLN has continued to carry out digital-based transformation from primary energy, power generation, transmission, distribution, financial systems, procurement systems, and customer service during the last three years. This digital transformation has proven to boost company efficiency,” Darmawan said.

Darmawan further stated that the digitalization carried out by PLN and its subsidiaries simplifies, accelerates, and integrates the whole business process. It can also be monitored and controlled in real-time. “PLN continues to progress and develop in line with the changing times. Therefore, the digital-based transformation that we carry out should be massively done, changing the service system that was previously slow and unresponsive to be fast and very satisfying,” Darmawan explained.

One of the results of this transformation is the existence of the new PLN Mobile application. PLN’s success in changing and managing its mobile application has received recognition at the international level “The new PLN Mobile is able to answer customer needs as a one-stop solution application. Some of the services offered by the new PLN Mobile application range from new power installation requests, electric bill payments, token purchases, better complaint handling, and EV digital services to the marketplace. As a result, nearly 44 million users have downloaded PLN Mobile, and the rating has reached 4.9 out of 5,” he added.

Darmawan stated that PLN will continue to drive the spirit to improve the quality of PLN in serving customers. “This achievement adds to our awards, acquired both domestically and internationally. I dedicate this achievement to all parts of the PLN team who continuously provide the best service for the community,” stated Darmawan.

Apart from companies in the energy sector, at this event, awards were also given to companies engaged in other fields, such as Oil & Gas, won by Petronas Malaysia; Telecommunications, won by China Mobile International Singapore; and banking by Khrungthai Bank PCL from Thailand.

About PLN

PT PLN (Persero) is a state-owned electricity company that continues to be committed and innovative in carrying out a mission to illuminate and move the nation. With a vision to become the leading electricity company in Southeast Asia, PLN is moving towards becoming the number one choice for energy solutions. PLN is committed to transformation with aspirations of being Green, Lean, Innovative, and Customer-focused to provide electricity for a better life. PLN can be contacted through the PLN Mobile application available on the PlayStore or AppStore. https://portal.pln.co.id

Contact
Gregorius Adi Trianto
Corporate Communications & CSR,
Executive Vice President, PT PLN
Tel. +82-21 7261122
https://portal.pln.co.id

Unleash Spectacular Power with BLUETTI’s New Arrival and Prime Big Deal Days

From October 5th to 20th, BLUETTI, the renowned power station brand, is holding its Prime Big Deal Days. To add more excitement, the company will also launch a new model.

Latest Innovation: BLUETTI EP760 Energy Storage System
Beyond offering single-phase 7,600W backup power in 10ms, the EP760&B500 is an integrated home battery system for saving on energy bills. Its modular design allows users to choose two to four 4.96kWh B500 batteries based on their energy needs or solar generation. The EP760 system accepts 9,000W of solar input and stores any surplus in the batteries for future use. Without solar panels, the system serves as daily energy storage and charges as set to save money from time-of-use electricity policies. The model will be available in Australia from late November.

BLUETTI Prime Big Day Deals

Home Backup Power: AC300+B300+PV350
The AC300+B300 modular system is also a scalable power solution for different homes. It provides 3,000W power to run heaters, refrigerators, and sensitive computers. Featuring efficient 5,400W AC+solar dual charging, it can harness free solar energy and low-cost grid power to keep utility bills in check. Paired with BLUETTI folding solar panels like the PV350, the AC300 accepts 2,400W solar power to support off-grid living anywhere. Its 3,000W all-in-one counterpart, the EP500Pro, packs 5,120Wh power in a large, wheeled package, both powerful and movable.

Portable Generators for Adventures: EB3A, EB70, AC200MAX, AC180

The BLUETTI EB3A and EB70 are compact companions for outdoor activities. Weighing about 4.6kg and 9.7kg respectively, the powerhouses are handy and capable of charging up all electronics and small devices during weekend camping. For more power and runtime, the BLUETTI AC200MAX and AC180 come into play. With capacities ranging from 1,152Wh to 2,048Wh, they ensure a consistent power supply for RV road trips and outdoor living.

BLUETTI’s new arrivals and deals provide an opportunity to get savings now and beyond. Don’t miss out on these incredible offers.

About BLUETTI
BLUETTI has been committed to promoting sustainability and green energy solutions since its inception. By offering eco-friendly energy storage solutions for both indoor and outdoor use, BLUETTI aims to provide exceptional experiences for our homes while also contributing to a sustainable future for our planet. This commitment to sustainable energy has helped BLUETTI expand its reach to over 100 countries and gain the trust of millions of customers worldwide.

Contact:
Amanda Yan
Email: pr@bluetti.com

Revolutionizing Home Energy: Your Definitive Guide to Solar Generators

Every year, Australia is bathed in an average of approximately 58 million megawatts of solar radiation, around 10,000 times greater than the country’s annual energy need. However, despite this tremendous potential, the rising electricity prices in 2023, as predicted by The Australian Energy Regulator (AER), are causing household electricity bills to soar by as much as 24.9%. This surge in electricity prices has prompted many Australian households to explore solar energy to meet their energy needs while keeping costs down. In this definitive guide, we’ll delve into the world of solar generators, a revolutionary solution that harnesses the power of the sun to reduce energy bills.

Understanding Solar Generators and Their Benefits

Solar generators are cutting-edge devices designed to capture and store solar energy for on-demand electricity supply. At their core, these generators comprise solar panels for sunlight capture, a battery for energy storage, and an inverter to convert stored DC electricity into usable AC power to run household appliances. The concept is elegantly simple: during daylight hours, solar panels convert sunlight into electricity, which is then stored in the battery for use later, even on cloudy days or during the night.

The true beauty of solar generators lies in their ability to tap into the sun’s abundant energy, making it readily available for everyday use. By embracing solar generators, homeowners can significantly reduce their dependence on the grid, leading to substantial energy bill savings. Moreover, solar generators offer energy independence, ensuring a continuous power supply during grid failures or emergencies. The advantages extend beyond financial savings and peace of mind during power disruptions; the transition to renewable solar energy helps reduce one’s carbon footprint, contributing to a more sustainable and eco-friendly future.

What to Look at When Purchasing a Solar Generator

When considering the purchase of a solar generator, several crucial factors need careful evaluation:

Battery Capacity

Battery capacity, measured in watt-hours (Wh), dictates the amount of energy that can be stored and the duration for which the generator can provide power before needing a recharge. To make an informed choice, calculate the estimated runtime for essential loads like lighting, refrigeration, and cooking appliances. Typically, larger capacity equals extended backup power during cloudy days or at night.

Power Capacity

Determine your power requirements by counting the total wattage of devices and appliances you intend to run with the generator. Keep in mind that the power rating you see on a solar generator label, such as 1,800W AC output, represents its total AC output rather than the power available from a single outlet. Ensure the solar generator’s capacity aligns with your needs and factor in surge power requirements for appliances that need extra power to start.

Battery Type

The type of battery significantly impacts a solar generator’s size, capacity, lifespan, safety, and charging/discharging performance. Lithium-ion batteries, the industry standard, offer high energy density, longevity, stability, and a lightweight design. Consider durable options like lithium iron phosphate (LiFePO4) batteries, known for their long-lasting service life, or lightweight alternatives like nickel cobalt manganese (NCM) batteries.

Solar Panel Charging

Some solar generators may exclusively support specific solar panels. Opt for generators with wider compatibility for solar panels, as this enhances their versatility. Faster charging speeds translate to quicker replenishment of energy reserves. Most solar generators are equipped with MPPT (Maximum Power Point Tracking) controllers to optimize sunlight utilization.

Inverter Type

The inverter plays a pivotal role in the quality of the supplied power. Generally, there are two types of inverters: pure sine wave inverters and modified sine wave inverters. Pure sine wave inverters provide stable power, ideal for most modern appliances and sensitive devices, while modified ones are suitable for simpler systems without delicate electronics or audio equipment.

Recommended Solar Generators for All Needs
For those seeking to harness the potential of solar generators, here are some top picks tailored to different needs. These generators can connect to various solar panels, including BLUETTI’s folding models designed to maximize sunlight exposure, whether on walls, balconies, or vehicles.
1. Best Entry-Level Home Solar Generator: BLUETTI AC200MAX  With just a few solar panels, such as the BLUETTI PV200, this generator can charge at 700W, fully charging its 2,048Wh battery in as little as 3.5 hours under optimal conditions (or 2.5 hours when connected to mains electricity for a 1,400W dual input). It delivers 2,200W pure sine wave power and can power most home appliances. Its compact design also makes it a portable power source for when you’re on the move.
2. Best Short-Term Solution for Essential Appliances: BLUETTI AC300&B300 This powerful generator can accept up to 2,400W of solar charging, swiftly topping up a 3,072Wh basic combo within hours. Featuring a scalable capacity ranging from 3,072Wh to 12,288Wh by adding one to four 3,072Wh B300 batteries, it offers a customizable solution to expand storage as your energy needs grow. With a responsive UPS for a fast switchover in 20ms, the BLUETTI AC300&B300 shines as an essential asset during outages, as highlighted by the BLUETTI hero, Fobia. He wisely invested in an AC300 paired with three B300 batteries to store solar energy generated from his roof-mounted solar panels, ensuring a continuous power supply and potentially achieving power self-sufficiency.
3. Best Expandable Whole-House Generator: BLUETTI AC500&B300S  Winner of the prestigious CES 2023 Innovation Award, the BLUETTI AC500&B300S is a remarkable solar generator that delivers 5,000W of pure sine wave power with a 10,000W surge. It’s capable of easily powering the entire house. Its scalable capacity can increase to a maximum of 18,432Wh when connected to up to six 3,072Wh B300S batteries, ensuring ample energy reserves to survive multi-day blackouts. It offers 3,000W of solar charging. Combined with BLUETTI’s high-efficiency PV350 solar panels, it provides a reliable power solution to harness renewable energy sources for sustainable power generation.

Revolutionize Your Home Energy
As electricity prices in Australia continue to rise, harnessing the abundant solar energy available to us becomes a sustainable and viable choice for reducing energy bills. Solar generators offer a versatile solution, providing clean and renewable power to meet your daily needs while contributing to a more sustainable future. With the right solar generator from BLUETTI, you can transform your home into an energy-efficient haven, benefiting both your wallet and the environment. Embrace the power of the sun and revolutionize your home energy with solar generators today!

About BLUETTI
BLUETTI has been committed to promoting sustainability and green energy solutions since its inception. By offering eco-friendly energy storage solutions for both indoor and outdoor use, BLUETTI aims to provide exceptional experiences for our homes while also contributing to a sustainable future for our planet. This commitment to sustainable energy has helped BLUETTI expand its reach to over 100 countries and gain the trust of millions of customers worldwide.

Contact: Amanda Yan, Integrated Marketing for BLUETTI pr@bluetti.com

Pertamina International Shipping (PIS) Partners Energy Trader BGN, Expanding Global Fleet of LPG Carriers

PT Pertamina International Shipping (PIS) has once again engaged international partners to expand its presence in the global market and explore additional business opportunities in support of energy supply and security.

The signing took place at ADIPEC (Abu Dhabi International Petroleum Exhibition and Conference) 2023, the world’s largest energy exhibition and conference.

PIS has signed an agreement with BGN, a leader in global energy, in which the two companies outlined prospective collaborations that span joint ownership of Very Large Gas Carrier (VLGC) vessels, LPG cargo transportation, vessel leasing, amongst others, establishing the foundation for an enduring partnership. The first two vessels may be delivered as early as the first quarter of 2024.

With a current fleet size of 97 vessels, this deal further strengthens PIS’s position as a key player in the maritime industry. It also reinforces BGN’s position as an emerging maritime asset owner, with a growing number of LPG carriers in its fleet to facilitate the company’s trading operations.

BGN, present in 23 countries including offices in Dubai, Geneva, Houston, Rotterdam and Singapore, is a significant LPG trader and is a supplier to Indonesia.

The signing took place at ADIPEC (Abu Dhabi International Petroleum Exhibition and Conference) 2023, the world’s largest energy exhibition and conference, where this year’s theme is “Decarbonising. Faster. Together.” It was hosted at the Indonesian Pavilion led by SKK Migas (Special Task Force for Upstream Oil and Gas Business Activities).

The collaborative agreement was signed by PIS CEO Yoki Firnandi, and BGN CEO Ruya Bayegan, and witnessed by the Head of SKK Migas Dwi Soetjipto, Independent Commissioner of PT Pertamina (Persero) Iggi H. Achsien, Technical Advisor at Ministry of Energy and Mineral Resources Nanang Untung, Special Advisor to Minister for Acceleration of Infrastructure Development and Investment at Ministry of Energy and Mineral Resources Triharyo Susilo, Vice President SKK Migas Erwin Suryadi, and other distinguished guests, along with BGN’s head of shipping Ozan Turgut and other senior executives.

“The collaboration on VLGC and LPG cargo businesses with BGN is a tangible expression of PIS’s commitment to expand LPG commodity businesses and increase PIS’s share in its non-captive market, to strengthen national energy security,” stated Yoki.

BGN CEO Ruya Bayegan added “BGN excels at strong business partnerships and we are pleased to move forward with this new arrangement with Pertamina International Shipping (PIS). BGN’s collaboration with PIS will further enhance our maritime fleet to facilitate our growing energy trading business, cementing our position as a significant LPG trader, as well as supporting the Indonesian energy system.”

PIS and BGN have also been contributing to the vibrancy of ADIPEC 2023, which gathers together the global players in the oil and gas industry and supports the key themes of the forthcoming COP28 climate summit that will also take place in the UAE. This year’s ADIPEC has attracted participation from over 2,200 companies representing 30 countries worldwide, with a total of more than 15,000 delegates and 160,000 attendees.

About Pertamina International Shipping (PIS) Pte Ltd
As an Integrated Marine Logistics Subholding, PT Pertamina International Shipping (PIS) supports Indonesia’s economic growth through safe and sustainable operations, becoming a trusted and reliable maritime partner. Besides a total of 750 owned ships, PIS manages time and spot charters that can be leased through e-chartering. See https://pertamina-pis.com

About BGN International
As a leading energy companies, BGN efficiently conducts trading, storage, and transportation of petroleum products, petrochemicals, and commodities worldwide. Our integrated business model ranges from oil and gas trading and distribution to financing energy projects. Thanks to our established relationships with refineries, producers, state oil companies and international traders, we are present throughout the energy value chain. We also invest in infrastructure development to enhance our trading activities. Visit https://bgn-int.com.

Media Contact
Suh. Aryomekka Firdaus
Corporate Secretary, PI
M: +62 (0) 811 872 2722
E: aryomekka@pertamina.com

Giles Broom
Global Head of Communications, BGN
M: +41 (0) 79 468 6499
E: mediabgn@bgn-int.com

Driving Action for Global Climate Change: Over 1000 global industry leaders to convene in Dubai at upcoming Future Sustainability Forum hosted by DIFC

Dubai is set to take centre stage on action for climate change as Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, is gearing up to host the first ever Future Sustainability Forum (“The Forum”) to be held 4-5 October 2023, at the Ritz-Carlton DIFC.


Set to attract over 1000 industry leaders, including more than 50 speakers, representing 30 countries, the 2-day Forum will explore how the financial sector can lead the charge in addressing climate change, promoting a just transition to a sustainable economy, and aligning efforts with the long-term goals of the Paris Agreement and the United Nations Sustainable Development Goals for 2030.

Globally, an estimated USD 3.3 – 4.5tn is required annually to achieve the 2030 Agenda for Sustainable Development. This has called forth the sustainable debt market, which has been growing at pace driven by strong demand from investors and rising expectations for governments and organisations to deliver on their sustainability commitments.

Mohammad AlBlooshi, Chief Executive Officer, DIFC Innovation Hub, said: “We are thrilled to welcome over 1000 global leaders to the inaugural Dubai and the Future Sustainability Forum. The Forum will focus on mobilising sustainable finance and innovation by connecting industry leaders, investors, tech disruptors, and policy makers, and help channel investment flows between the global north and global south, to accelerate climate action. Our mission is clear: We want to pioneer change, foster collaboration, and ensure that the finance sector stands at the forefront of sustainable practices.”

The Forum’s Agenda supports COP28’s 4-pillar plan on fast-tracking the transition, fixing climate finance, focusing on adaptation to protect lives and livelihoods, and making COP28 fully inclusive.

In addition to keynote addresses by H.E. Essa Kazim, Governor, DIFC; and Arif Amiri, Chief Executive Officer, DIFC Authority; the line-up of speakers will feature eminent leaders including a fireside chat with H.E. Mariam bint Mohammed Saeed Hareb Almheiri, Minister of Climate Change and Environment, United Arab Emirates and Honourable Quincia Gumbs-Marie, Minister of Sustainability, Innovation and the Environment, Government of Anguilla.

Dr. Ayesha Alnuaimi, Director of DEWA’s Solar Innovation Centre and Amal Larhlid, Partner Sustainability at PwC; Florence Bulte, Chief Sustainability Officer of Chalhoub Group and Rajesh Garg, Group CFO and Chief Sustainability Officer of Landmark Group; will speak on behalf of the corporate sector.

The forum is a key platform to discuss the topic of environmental conservation and private investment, which will be delivered by a distinguished speaker line-up including Ghiwa Nakat, Executive of Greenpeace MENA; Laila Abdullatif, Director General of Emirates Nature – WWF; Dr Abid El Moubadder, Chief Executive Officer, Emirates District Cooling;  Satya Tripathi, Secretary-General of the Global Alliance for a Sustainable Planet; Matt Brown, Chief Sustainability Officer, Expo City Dubai; Thomas Bosse, Head of Carbon Unit, Neom and Shivam Kishore, Senior Advisor at the United Nations Environment Programme.

Representatives of the financial sector include, Nader Albastaki, Managing Director of Dubai Future District Fund; Suhail Bin Tarraf, Group Chief Operating Officer of First Abu Dhabi Bank; Vijas Bains, Group Chief Sustainability Officer, Emirates NBD; Simon Thompson, Chief Executive Officer, The Chartered Banker Institute; Shargiil Bashir, Chief Sustainability Officer, First Abu Dhabi Bank and Nameer Khan, Founder of FILS and Chairman of the MENA Fintech Association.

The Future Sustainability Forum will also put the spotlight on the UAE’s sustainable practices particularly within the financial ecosystem, inviting global experts to connect, collaborate and share insight to accelerate the global transition towards a low-carbon, climate-resilient future. Panel discussions and sessions include: ‘Supporting corporates in embedding ESG within their organisations’; ‘Empowering companies to design their path to Net-Zero’; ‘Unlocking the potential of ESG-driven innovation’; ‘Fostering sustainable entrepreneurial ecosystems’; and ‘Transforming capital to drive the low carbon transition’.

Central to DIFC’s programme in the run up to COP28, the inaugural Future Sustainability Forum, further demonstrates the Centre’s commitment to play a leading role in advancing COP28 priorities, aligned with DIFC’s chairmanship of the Dubai Sustainable Finance Working Group (DSFWG), established in 2019.

To register for the Future Sustainability Forum visit: www.futuresustainabilityforum.com.

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and an estimated GDP of USD 8 trillion.

With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai. 

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of over 39,000 professionals working across over 4,900 active registered companies – making up the largest and most diverse pool of industry talent in the region. 

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.  

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations. 

For further information, please visit our website: difc.ae, or follow us on LinkedIn and Twitter @DIFC. 

For media enquiries, please contact:   

Omar Nasro
ASDA’A BCW | +9714 4507600 
omar.nasro@bcw-global.com  

Rasha Mezher | Dubai International Financial Centre Authority  
Consultant, Marketing & Corporate Communications
+9714 3622451
t-rasha.mezher@difc.ae

AIIB, PT PLN and PT SMI Collaborate to Support Energy Transition in Indonesia

PT PLN (Persero), Asian Infrastructure Investment Bank (AIIB) and PT Sarana Multi Infrastruktur (PT SMI) signed partnership documents formalizing their commitment to work together towards achieving Indonesia’s greenhouse gas reduction target. The agreement signed on the sidelines of the 2023 Annual Meeting in Sharm El Sheik, Egypt Tuesday, (26/9) to work together to reduce Indonesia’s greenhouse gas (GHG) emissions. Minister of Finance Indonesia, Sri Mulyani remarked that holistic growth required energy supplies. Responding the need for renewable energy necessitates support and cooperation in providing adequate resources. 

Darmawan Prasodjo, President Director of PLN (middle) hands over a souvenir to Investment Operations Vice President of AIIB Urjit R. Patel, witnessed by Sri Mulyani, Ministry of Finance of Republic of Indonesia.

“This is necessary for private sector participation in funding the climate agenda. This is a step that we are excited to share with you and AIIB in order to discover solutions. As a cleaner, greener, and leaner financial institution,” Sri Mulyani said. 

President Director of PLN, Darmawan Prasodjo stated that collaboration and partnerships are critical to advancing Indonesia’s energy transformation. As a result, PLN is going to keep maintaining the relationship with diverse stakeholders with the goal to realize the energy transition from conventional to new, renewable, and sustainable energy. 

“Of course, financial support is crucial for accelerating Indonesia’s energy transition. This partnership is certain to reflect PLN’s objective of boosting the share of renewable energy in Indonesia’s energy mix,” mentioned Darmawan. 

Darmawan stated that over the previous 3,5 years, PLN has transformed into a greener electricity provider based on new renewable energy (NRE). The corporation began by developing a greener Electric Power Supply Business Plan and cancelling as much as 13,3 Gigawatt (GW) of coal-based power plants from 2019 – 2028 electricity plan. Aside from that, PLN’s entire commitment to the energy transition is continuing with the planning of the national power plan, which includes 51,6% of NRE power generation. 

PLN continues to innovate and do various breakthroughs to develop NRE up to 75% in 2040. “In addition, we are committed to executing the Net Zero Emissions target by the year 2060, PLN is now focusing not only on providing electricity but also on the environment,” Darmawan explained.

According to AIIB President Jin Liqun, the goal of this partnership is to help Indonesia transition to sustainable development and solve climate change challenges. Jin Liqun believes that this collaboration will push Indonesia to become a leader in the region’s energy transition from fossil-based to new renewable energy. 

“This is a crucial decade for climate change action. By collaborating with major energy players in Indonesia, AIIB intends to unlock and mobilize additional capital to increase access to environmentally friendly energy in Southeast Asia’s largest economy,” Jin Liqun said. 

He stated that the AIIB intends to provide long-term finance to assist the Indonesian government in implementing the transition to low-carbon energy. This funding is intended to supplement existing national and multinational efforts, such as the cooperation with JET-P, while pushing Indonesia to pursue a complete and integrated energy transition strategy.

Furthermore, following the signature of the partnership agreement, AIIB, PLN, and SMI will investigate potential for project preparation, knowledge exchange, capacity building, and technical assistance in the sphere of energy transition.

“By leveraging each other’s technical expertise and financial resources, the three institutions are committed to accelerating the implementation of environmentally friendly energy technologies and contributing to a greener and more sustainable future for Indonesia and the rest of the world,” Jin Liqun said.

-Antara