UK firm sees higher revenue in renewable energy source

Billingham (left) and Brani showing the Biogas 5000 portable gas monitor.

UK-BASED company Geotechnical Instruments Ltd is targeting revenue growth of 20% in Malaysia, driven by opportunities arising from the use of palm oil waste as a renewable energy (RE) source.

The company, a leading supplier and manufacturer of portable and fixed gas analysers with presence in 66 countries across the world, says renewable energy makes up 5.5% of the country’s total energy production in 2015, with ambitious targets to increase this to 7.8% by 2020; all of which presents growth opportunities to Geotech, which has been supplying its products to the region for the past 10 years.