Citaglobal, PETRONAS in renewable energy deal

PETALING JAYA: Citaglobal Bhd has entered into a memorandum of understanding (MoU) with PETRONAS Global Technical Solutions Sdn Bhd, a wholly owned subsidiary of Petroliam Nasional Bhd (PETRONAS), for the strategic collaboration in a wide range of renewable energy (RE) technologies and applications.

The areas of collaboration between Citaglobal and PETRONAS will include RE technologies and applications comprising battery energy storage system (BESS), biogas engine, biomass engineering, waste to energy (WTE), heat to energy (HTE) and carbon capture and utilisation (CCU), among others.

“We are honoured to be partnering with PETRONAS for this MoU. We believe that a good collaboration brings a lot of mutual benefits. To make RE consistent and sustainable in Malaysia, collaborating with PETRONAS is a strong start towards making this a reality and achieving our lower carbon goals in the future.

“We will give our all for this collaboration, in the drive towards a carbon-neutral world of net-zero emissions by 2050,” said Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria in a statement.

“From Citaglobal’s side, we believe that we are in a good position to lead in the BESS space, as we already have the experience and technical know-how.

“Together with PETRONAS, we are more confident of transitioning towards a greener Malaysia, where the pace of adoption for renewables and BESS becomes more efficient,” he added.

Via the MoU, Citaglobal said both parties intend to collaborate on the development and implementation of BESS applications and projects, by which the technology and solutions shall be provided by Citaglobal Genetec BESS Sdn Bhd (CG BESS).

CG BESS is a 50:50 joint venture company between Citaglobal and Genetec Technology Bhd, and has developed the first Malaysian battery energy storage system that was launched on April 11 this year.

Citaglobal said the MoU would cover the installation of BESS to accelerate the technology advancement and green electron generation with deployment of 246 kWh of Malaysian BESS for PETRONAS’ Centre of Excellence for Renewable Energy.

“There will also be a joint feasibility study for scaling up BESS technology solutions in all PETRONAS existing and future facilities,” said Citaglobal.

The company said that on the area of biogas, the collaboration will involve a joint feasibility study using gas engine for flare gas recovery and other gaseous such as hydrogen.

For WTE and HTE, it said there would be a joint feasibility study for the application of WTE and HTE in PETRONAS plants.

“Lastly, there will be a joint feasibility study on carbon capture and utilisation initiatives in PETRONAS plants,” said the company. “For this MoU, Citaglobal will work with PETRONAS to introduce technology advancements in material based formulations,” it said.