German multinational technology firm Siemens, and Malaysia-based clean energy provider Progressture Power Sdn Bhd (Progressture Solar) have joined forces in a groundbreaking partnership to drive Malaysia’s green energy transition agenda forward through digitization technologies.

The two companies said in a statement on Tuesday that they have officially inked a Memorandum of Understanding (MoU) to advance converged energy solutions that integrates energy efficiency (EE) and renewable energy (RE).

This partnership aims to engage and collaborate with industry players to deliver seamless energy solutions that enable substantial emissions reduction, and aid businesses to adopt sustainable, environmentally conscious business practices.

As enablers of industrial decarbonization, Siemens and Progressture Solar are simplifying the adoption of renewable energy and energy efficiency through easy and accessible ownership models.

The goal is to expedite Malaysia’s efforts to halve carbon emissions by 2030, as targeted in the New Industrial Master Plan (NIMP) 2030, and to drive towards the National Energy Transition Roadmap (NETR) net-zero aspirations by 2050.

At its core, the partnership is built upon a shared vision to significantly reduce energy consumption and grid dependency, delivering tailored energy solutions for both multinational corporations (MNCs) and small and medium enterprises (SMEs) in the industry sector.

The partnership will also encompass technical support, resource sharing, and expertise exchange within the solar and energy market landscape between both companies.

In the collaboration, Siemens will provide energy audit services, energy efficiency solutions and energy management through digitalization and automation.

Progressture will serve as Siemens’ primary solar partner for existing and potential ventures and will begin to offer ‘bundle-packaged’ array of energy solutions, seamlessly integrating energy efficiency solutions with renewable energy.

“We are keenly aware of the challenges that businesses face when adopting clean energy solutions and energy-efficient technology, and that is why we are committed to present a wide spectrum of accessible and easy ownership models,” said Ng Yew Weng, Co-Founder and Chief Operating Officer of Progressture Solar.

From Zero CAPEX and outright purchase options to flexible leasing solutions, he said the firm’s goal is to ensure accessibility for all, regardless of their energy needs or financial constraints.

In doing so, he said the firm will help businesses to reduce their energy costs, improve their overall operations and meet their environmental, social, and corporate governance (ESG) commitments.

According to the statement, the industrial sector is a major contributor to global carbon emissions.

Currently, 78.5 percent of the carbon emissions in Malaysia are still derived from fossil fuels. It is therefore crucial for the industrial sector to urgently reduce its carbon footprint.

By providing sustainable energy solutions, the partnership between Progressture Solar and Siemens will be able to provide industry with the right solutions to significantly reduce these emissions and enable companies to meet their sustainability targets.

This aligns with Malaysia’s NETR and its goal of achieving a 70 percent renewable energy capacity mix by 2050.

“Siemens is committed to transform the industry and infrastructure sector in Malaysia through digitization and automation,

“These are key levers enabling companies to use energy more efficiently, reduce carbon emissions, and therefore foster a more sustainable industry practice,” said Tindaro Danze, President and Chief Executive Officer of Siemens Malaysia.

Siemens is a global technology powerhouse with the expertise to combine the real world of automation with the digital world of information technology, to enable clients to accelerate their digital transformation.

Progressture Solar is a a clean energy solutions provider and net zero partner in Malaysia, providing comprehensive and accessible renewable energy solutions to commercial and industrial (C&I) clients.

The firm provides all-in-one clean energy solution and flexibility in tailoring a solar photovoltaic system to meet the unique needs of their C&I clients.

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