INNIO Signs Agreement with Concord Group of Companies to Develop Four Biogas Power Plants, Supporting Malaysian Decarbonization Efforts.

Dubai, United Arab Emirates — February 22, 2022 — INNIO announced today that it has signed a memorandum of understanding (MOU) with Concord Renewable Energy SDN BHD (Concord Group) to partner in building four power plants across Malaysia fueled by palm oil wastes. The MOU signing took place at Dubai Expo 2020, in a festivity ceremony organized and held by the Malaysian Ministry of Energy and Natural Resources (KeTSA) for Sustainable Energy and Natural Resources week at Malaysia Pavilion, which took place January 30 – February 5, 2022. The project emphasizes Malaysia’s efforts to achieve its COP26 commitments in moving away from fossil fuels and increasing renewable energy projects. The power plants, built in various parts of Malaysia, will deliver sustainable power to the grid while capturing methane. Each plant is expected to operate two INNIO Jenbacher high-efficiency biogas engines, collectively delivering more than 8 MW of power to the grid.

The Jenbacher Type 4 engines, for which INNIO will also supply long-term servicing, are known for their dependability, efficiency and fuel & solution flexibility. This makes them an excellent technology to advance Malaysia’s plans to reduce its reliance on fossil fuels. As part of its COP26 commitment, Malaysia recently raised its National Renewable Energy Capacity target from a 20% increase to a 31% increase of renewables in the national energy mix by 2025.

INNIO has more than 500 Jenbacher engines currently operating on biogas and deploying about 1 GW in the ASEAN region. Our Jenbacher Type 4 biogas engine fleet delivers reliable and fuel-efficient heat and power, where the additional surplus energy is fed into the power grid as a renewable, dispatchable power source. We are pleased to partner with the Concord Group to provide technology that helps Malaysia meet its climate goals.

Carsten Dommermuth, Vice President and General Manager APAC at INNIO Jenbacher

While supplying clean energy throughout Malaysia, Concord Group and INNIO will be further advancing the country’s climate change mitigation objectives through the sourcing of the fuel. Methane gas emitted by existing palm oil mills will be reappropriated to produce power.

Having successfully worked with INNIO in the past, we can think of no better technology to support our clean energy goals. We look forward to continuing to work with INNIO’s advanced Jenbacher technology to help us meet growing energy demand while reducing emissions.

Datuk Khairuddin bin Tan Sri Mohd Hussin, Concord Renewable Energy Sdn Bhd CEO 

About INNIO

INNIO is a leading provider of renewable gas and hydrogen-rich solutions and services for power generation and compression at or near the point of use. With our Jenbacher and Waukesha products, INNIO helps to provide communities, industry and the public access to sustainable, reliable and economical power ranging from 200 kW to 10 MW. We also provide life-cycle support and digital solutions to the more than 54,000 delivered engines globally, through our service network in more than 100 countries. We deliver innovative technology driven by sustainability, decentralization, and digitalization to help lead the way to a greener future. Headquartered in Jenbach, Austria, the business also has primary operations in Welland, Ontario, Canada, and Waukesha, Wisconsin, U.S. For more information, visit the company's website at www.innio.com. Follow INNIO on Twitter and LinkedIn.

For further information please contact:

Susanne Reichelt 
INNIO                   
+43 664 80833 2382    
This email address is being protected from spambots. You need JavaScript enabled to view it.