Susanna Lim, CEO, Tadau Energy SDN BHD
Renewable energy is advancing at an impressive rate. Universities, labs, and privately owned businesses are exploring ways to create and improve renewable and sustainable energy sources. The renewable energy industry aims to displace all non-renewable sources eventually. With the rising concerns of climate change, the global economy has been increasingly making an effort to keep away from greenhouse gas-emitting fossil fuels and turn towards clean, renewable energy resources. Furthermore, there is only a finite amount of non-renewable resources available in nature and soon the world will eventually run out of it. The need to battle climate change as well as reduce the use of these finite resources is driving significant investment in renewable energy sources.
Tadau Energy Sdn Bhd is an investment firm that provides venture and growth capital across the renewable energy industry to support innovative, well-managed and rapidly growing companies. Established in 2015, the company is enthusiastic to promote and accelerate the worldwide development of renewable and clean energy globally.
With the motto of creating a sustainable world, Tadau Energy encourages individuals and organizations to be a part of its journey. Headquartered in Kuala Lumpur, Malaysia, the company has greatly contributed to bringing solar energy into Malaysia.
Susanna Lim, CEO of the Company says, “We strive for green environment and support the Malaysian Government’s goal on renewable energy.”
Ruling the Market
Given the enormous growth potential of the renewable energy industry, the huge success of Tadau Energy stems from its wide range of innovative products and services that help the country to generate, conserve and use clean & renewable energy efficiently. The company envisions a world without pollution and zero emissions in order to save lives and provide the future generation a clean and healthier earth.
Tadau Energy brings on the table, Malaysia’s first grid-connected 50MWac Large Scale Solar Project in Kudat, Sabah. This project is in accordance with the Government’s strategic intent of decarbonizing the energy sector under the 11th Malaysia Plan (2016 – 2020) and also to increase power generation contribution through renewable energy from the current 2% to 20% by 2030.
The plant is installed with top-grade PV equipment which includes monocrystalline panels and string inverters from reputable first-tier companies to ensure optimum yield during the project’s lifespan. The project has the capability to generate over 94,000MWh of clean energy every year which is more than quite enough to power over 10,000 homes. Subsequently, it is hugely impacting the usage of non-renewable resources for electricity generation in Malaysia. In addition, the project has reduced environmental degradation in terms of greenhouse gas emission reduction of 51,814 tCO2e/year.
Besides reducing the impact of climate change by minimizing the need for non-renewable resources for electricity generation, the project has also provided an ocean of job opportunities for the local community where at least 200 people are employed.
The company accomplishes a wide product portfolio that includes Project Investment, Project Development, Project Management, Engineering, Procurement, Construction and Commissioning, Operation & Maintenance, Technical Consultation, and Venture Capitalist.
A Team Effort
Tadau Energy has a variety of different solutions that are tailored to suit the client’s specific needs. Once the client’s requirements are clearly stated, the company seeks to inspire, educate and assist them in achieving their goals of cost stability, energy independence and environmental stewardship.
Susanna says, “We are committed to delivering to all our stakeholders, investing in our employees, dealing ethically with our suppliers, generating long term value for shareholders who provide the capital that allows companies to invest, grow and innovate.”
Susanna believes that employees are the greatest assets of the company. Company culture and empathy are very important to become a successful organization. By bringing global expertise from around the globe to provide the know-how and technologies and top-notch management professionals together, the company aspires to achieve its goals more efficiently and in innovative ways. Tadau practices safety, openness, innovation, excellence, continuous learning/improvement and caring.
The Future
The company plays its role in achieving and realizing Sustainable Development Goals that include – Affordable and Clean Energy, Decent Work and Economic Growth and Partnership for Goals. Moreover, through its culture and expertise of individual employees, Tadau Energy aims to become the leading sustainable investment company and provide best-in-class services globally. The company thus plans to build smarter energy infrastructures and deliver new technologies.
Susanna concludes saying, “We aim to inspire the world towards sustainable development and clean environment for a better future.”