MAKING MALAYSIAN BUILDINGS ENERGY EFFICIENT
Dansk Energi Management and the Danish Climate Investment Fund have established the company DEEP, which is to energy renovate buildings on a large scale. The first project is in the Malaysian state of Melaka.
In Malaysia, most large buildings consume too much energy due to historically low energy prices and a limited focus on energy savings, and not least the lack of an integrated technical and financial concept to handle the necessary energy renovations.
This, however, has changed with a one-stop-shop offer delivered by Danish Energy Efficiency Partners (DEEP), which is a company established by Dansk Energi Management (DEM) and the Danish Climate Investment Fund.
Tailor-made energy efficiency for large buildings
The business strategy is that DEEP offers tailor-made solutions, including design, detailed planning, purchase and implementation as well as financing. The customers, typically large property owners, are only paying for the solution with part of the savings achieved once the building has been made energy efficient.
The first project has almost been completed in the Malaysian state of Melaka, where three public buildings have become energy efficient. The buildings in question are a hospital, a public office building and a bus terminal at a total of 65,000 m2. Expected annual savings amount to 4.7m KWh, and repayment is made over a period of eight to ten years.
“So far, the property owners have carried out a few detached initiatives, but with our model, projects can be upgraded as we offer to implement large, modern and integrated energy improvements in total building portfolios in one go”
Jørn Lykou, CEO, DEEP
Six more buildings in the pipeline
The first project in Melaka will serve as a showcase, but even before this project is completed, DEEP is negotiating with Melaka to energy renovate six more buildings at a total of 80,000 m2.
The strategy is to expand further in the Asian market in e.g. Malaysia, Indonesia and Thailand.
Learn more about DEEP in this video.