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Wednesday, October 4, 2023

Malaysian Green Technology and Climate Change Corporation signs Memorandum of Understanding with Daikin to step-up energy efficiency progress

Malaysian Green Technology and Climate Change Corporation signs Memorandum of Understanding with Daikin to step-up energy efficiency progress

Daikin Malaysia Sales & Service Sdn Bhd have signed a Memorandum of Understanding (MoU) today with the Malaysian Green Technology and Climate Change Corporation (MGTC) to formalize their collaboration and cooperation to push energy efficiency into a higher gear.

The agreement is timely given the Government’s renewed commitment and target of achieving an average of 21% energy savings by 2040 under the National Energy Transition Roadmap (NETR).  With its cost efficiency and optimization of resources, energy efficiency has been recognized as the most important lever in the NETR. Underpinning the value of urgent action in this area, as much as RM6 billion worth of investments from now to 2040 is expected, with smart device installation and government building retrofits being prioritized.

The MoU covers the following areas:
– Advocacy for improvement of minimum energy efficiency standards for industry equipment and systems;
– Sharing of best practices and innovative technologies to accelerate retrofitting of public and government buildings;
– Engaging key stakeholders including energy providers, regulators, users and influencers in knowledge sharing dialogues on energy efficiency; and
– Establishing knowledge partners to expand the collaboration and to help industries identify technology and solutions that deliver the greatest value

“Everything we use goes through a life cycle, and each stage of the life cycle has an environmental impact. At Daikin, our leading innovation has consistently pushed the boundaries of HVAC technology, and our focus has always been beyond selling. We prioritize decarbonization to ensure the efficiency of our products during their entire life cycle. By becoming part of the NEEC today, we look forward to bringing this aspect into focus to move the needle on Malaysia’s energy transition,” said Chan Hon Leong, General Manager Daikin Malaysia Sales & Service Sdn. Bhd

The MoU was witnessed by Minister of Natural Resources, Environment and Climate Change , YB Tuan Nik Nazmi Nik Ahmad during 1st National Conference on Energy Efficiency at Kuala Lumpur Convention Centre.

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