SEDA MALAYSIA SIGNS THREE MOUS

KUALA LUMPUR, Oct 17 (Bernama) -- Sustainable Energy Development Authority (SEDA) Malaysia signed a total of three memorandums of understanding (MoU) involving the Asian Development Bank (ADB), the Japanese Business Alliance for Smart Energy Worldwide (JASE-W), and APX Inc, today.

Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin said under the the MoU with ADB, the bank will provide three energy experts to thoroughly study the Renewable Energy Transition Roadmap (RETR) 2035 action plan.

“Besides this, the MoU between SEDA and JASE-W will give both parties the opportunity to exchange knowledge on energy conservation and efficiency, especially in the development of Zero Energy Building in Malaysia,” she told reporters after witnessing the MoU signing ceremony, here, today.

The MoU with APX Inc will recognise SEDA as the Qualified Reporting Entity (QRE) for the registration of Tradable Instrument for Global Renewables Registry (TIGRs) which provides a platform for the trading of Renewable Energy Certificates (REC).

“We believe the certificate is very important, especially for international markets, and multinational companies here,” added Yeo.

 In the meantime, Yeo also announced the revocation of non-performing Feed-in Tariff (FiT) projects of 155MW, and the release of new quotas of 114MW involving 74MW of small hydro category, 30MW of biogas and 10MW of biomass for eligible applicants.

“SEDA will also conduct e-bidding for the biogas quota to create a better pricing efficiency for electricity,” she said.

Yeo added that the e-bidding will take place on Nov 19, and those interested can submit their application through the e-FiT online system (http://efit.seda.gov.my).

--BERNAMA