31/01/2024 (Kuala Lumpur) - Guoann Dot Com Bhd, a Malaysian online business platform, has recently signed two agreements, a memorandum of agreements (MoA) and memorandum of understanding (MoU), to set up a dedicated research and development centre for carbon neutrality and for the development of a power station that can generate 2-3 gigawatts of clean and smart energy. This initiative involves collaboration with Universiti Malaya (UM), Architectural Design & Research Institute of Tsinghua University Co Ltd, China Smart Energy Industry Alliance (CSEIA), and China Power International Development Ltd.
The primary objective of this partnership is to foster technical and knowledge exchange in the realm of clean energy, thereby strengthening the Malaysia-China cooperation in sustainable development. This collaboration aligns with the 50th anniversary of diplomatic relations between Malaysia and China, further emphasizing the commitment to the Belt and Road Initiative.
In addition to the MoA, Guoann Dot Com also signed a memorandum of understanding (MoU) with CSEIA and China Power. This agreement aims to bolster bilateral relations between the two countries, focusing on sustainable development cooperation.
According to Guoann Dot Com, these agreements signify a historic collaboration in clean energy and carbon neutrality. The MoA particularly enhances clean energy development exchanges, propelling Malaysia towards its carbon neutrality goals. The company highlighted its commitment to building power stations with a capacity exceeding 2-3 gigawatts of clean and smart energy.
Teo Kok Ann, the CEO of Guoann Dot Com, mentioned the growing interest from various Malaysian states in this project, with plans to finalize the location in the coming months. Meanwhile, CSEIA vice chairman Shi Chun indicated an expected investment of around 20 billion renminbi (approximately RM14 billion) in renewable energy power stations and zero-carbon park construction.
UM Power Energy Dedicated Advanced Centre's executive director, Prof Dr Nasrudin Abd Rahim, commented on the importance of research and development in determining the feasibility of carbon-neutral standards in Malaysia. He expressed UM's ambition to transform its campus into a smart campus focused on addressing carbon challenges.
The agreement was officially signed by Teo Kok Ann, Shi Chun, Prof Dr Kaharudin Dimyati as UM Vice vice-chancellor representative, Tsinghua University’s Prof Borong Lin, and China Power’s Lu Xiang, marking a significant step towards a collaborative effort in achieving a sustainable, low-carbon future.