Inaugural National Energy Awards to Round Up the Day
Oct. 19, 2018, KUALA LUMPUR, Malaysia /PRNewswire/ -- With numerous partnerships being inked, several conferences being held and new industry level strategies being announced, the 9th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM), the region's leading green technology business and innovation platform organised by Malaysian Green Technology Corporation (MGTC), which is themed 'Green Economy & Industry 4.0: Achieving Sustainable Development Goals' in line with the United Nations' sustainability blueprint has been a beehive of activity.
Today, IGEM 2018 will host the inaugural National Energy Awards (NEA) gala dinner in the presence of Minister of Energy, Science, Technology, Environment & Climate Change, YB Puan Yeo Bee Yin, where awards will be presented to Malaysian organisations for implementation of best practices in the categories of energy efficiency and renewable energy. Additional partnerships and memoranda of understandings are also to be announced and signed during the remaining two days of IGEM 2018.
Officiated by YB Puan Yeo Bee Yin on 17th October, IGEM 2018 aims to generate RM2.5 billion in business leads and attract more than 30,000 visitors, showcasing over 250 exhibitor booths featuring leading corporations in Renewable Energy, Energy Efficiency, Waste and Manufacturing from across 30 countries.
Thus far, IGEM 2018 has seen the much-anticipated unveiling of Malaysia's 'Roadmap Towards Zero Single Use Plastic', which outlines the country's single strategy to holistically phase-out single use plastic through the adoption of a phased approach and guides consumers to adapt to environmentally friendly options.
During the launch of the Roadmap, YB Puan Yeo Bee Yin said, "IGEM 2018 has always played a prominent role in growing the nation's green agenda. With this year's theme being aligned to the United Nations' Sustainable Development Goals, it is the perfect platform to launch the Roadmap Towards Zero Single Use Plastic."
"One of the keys to creating a greener future, lies in managing plastic pollution. This roadmap helps us address the environmental impact of single use plastic by offering practical and proactive ways to lessen our plastic usage which I hope the rakyat will implement, lending their support to build a Malaysia that is free of single use plastic," she added.
As part of the government's emphasis on growing the renewable energy segment, the Sustainable Energy Development Authority announced 114.5MW of new quota for the feed-in tariff programme, comprising 74.5MW for small hydro, 10MW for biomass and 30MW of biogas, to be awarded by e-bidding.
Additionally, the Large Scale Solar 3 programme to expand generating capacity by up to 500MW was launched, with requests for proposals to develop solar projects expected to open by January 2019. Two enhancements to the Net Energy Metering programme were also proposed amongst others to encourage independent power producers to expand the national electricity grid.
A first for IGEM, the event played host to the World Energy Cities Partnership -- Mayors' Congress, organised by Datuk Bandar Kuala Lumpur (DBKL) which saw 4 Mayors, 2 Deputy Mayors and delegates from 11 members cities explore opportunities to incorporate environmental technologies to power smart sustainable cities.
Speaking on the Mayors' Congress, YB Puan Yeo Bee Yin said, "DBKL has achieved a landmark by organising the first World Energy Cities Partnership Mayors' Congress at IGEM 2018. This is indeed a momentous occasion for all of us, as we share in the success stories of cities to emulate and learn from. In doing so, we work towards mitigating climate change on a truly global scale."
Additional global affiliated events that took place include the 2nd Palm Oil Sustainability EU-Malaysia International Discourse 2018 by EU-Malaysia Chamber of Commerce and Industry (EUMCCI), the 8th Malaysia-Korea Energy Cooperation Workshop by the Embassy of the Republic of South Korea, the Scaling Up Clean Energy Generation -- Opportunities and Challenges from the UK and Malaysian Perspectives by The British High Commission and the Net Zero Energy Building Conference, organised by Construction Industry Development Board (CIDB) and Malaysia Green Building Confederation (MGBC).
Over the next two days, IGEM 2018 will also continue to feature business leads and networking sessions, organised by Malaysian Green Technology Corporation (MGTC), Malaysian Investment Development Authority (MIDA), and the Malaysia External Trade Development Corporation (MATRADE).
According to MIDA's Deputy Chief Executive Officer, Datuk N. Rajendran, "MIDA maintains a strong presence at IGEM to raise awareness about the opportunities and facilities available in this sector. We want to encourage more investments into green projects such green buildings, integrated waste management and waste eco-parks. Renewable energy and energy efficiency projects are high priority in the country's sustainability goals, so we are always on the lookout for them."
"As one of the main facilitators for business consultation at IGEM, MIDA is encouraged by the response we received thus far, and will continue to collaborate with businesses and financiers towards growing Malaysia's green economy," he concluded.
Held annually for nine consecutive years since 2010, IGEM has a successful track record of over RM19 billion generated in business leads, with 2,000 booths and 415,000 visitors recorded, including delegates and dignitaries from over 50 countries as well as companies from China, Germany, Japan, the Netherlands, Korea, Sweden and the United States of America, to name a few.
For more information on IGEM 2018, please visit www.igem.my.
About IGEM 2018
Initiated in 2010, the International Greentech & Eco Products Exhibition & Conference Malaysia, IGEM, is one of the region's most successful green technology business and innovation platforms. IGEM 2018, themed 'Green Economy and Industry 4.0: Achieving Sustainable Development Goals' is set to position Malaysia at the centre of the region's thriving green economy.