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Meanwhile, Kinergy Advancement Bhd (KAB) executive deputy chairman cum group managing director Datuk Lai Keng Onn tells StarBizWeek that the country has enough spare electricity to meet data centre needs for now.
However, he cautions that the power demand from data centres will peak in about three years, given that many of the facilities are to be built in coming months.
“If the national grid is not improved adequately by then, we may face a situation where supply of electricity cannot meet de
KAB is in talks with several parties to provide off-grid power generation for data centres via waste-to-energy technology and cogeneration plants.
“Our business model allows the generation of off-grid power at a lower rate. At KAB, we are also looking into the data centre space via our energy efficiency offerings that include cooling systems for data centres.
yes wor.. really must be patient..now investor didn't see Kab.. dun know y.. but kab always have interview on news say his company on trend joining government RENEWAL ENERGY... Pls Showtime
THE decision taken in 2018 to venture into sustainable energy solutions has come in handy for Kinergy Advancement Bhd (KAB) amid the data-centre boom in Malaysia.
The group has revealed that it is in talks with several data-centre operators to provide off-grid clean-energy generation and district cooling systems, as well as engineering works.
One of the parties is a leading data centre tech park developer based in Johor.
Kinergy Advancement Bhd's (KAB) wholly-owned subsidiary KAB Energy Holdings Sdn Bhd has joined hands with state-owned Permodalan Kedah Bhd (PKB) to combine their efforts in implementing renewable energy (RE) projects.
In a statement, KAB, a sustainable energy and engineering soliutions specialist, said the collaboration will target synergising the strengths of KAB and PKB in developing various energy generation projects across Malaysia, with a primary focus on the state of Kedah.
According to the terms of the memorandum of understanding (MOU), KAB will take on the technical responsibilities of the RE projects while PKB will lead efforts in identifying potential land and assist in obtaining licensing and approvals.
if you want to subscribe to the pp price,you must want to be close to the market price.if the group to want subscribe to the PP.you still have to follow the market price set.the PP price is set by the company at 0.330 according to the market price.