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“PAIR AND GAIN”
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SCENARIO FOR SOLAR INSTALLATION IN MALAYSIA
In 2022, Malaysia's solar energy capacity reached 1.93 thousand megawatts, a slight increase from the previous year's figure of 1.78 thousand megawatts. For the past decade, the country's capacity for solar energy has experienced a steady incline, commencing at 139 megawatts in 2013. The surge in solar capacity is attributable to industries' participation in the NEM campaign and subsequent installation of solar panels. However, the profitability of this initiative remains to be determined for these industries, as it necessitates a long-term obligation of 21 to 25 years with the solar panel installer. As of August 2023, 1492.12MW of installed capacity had been in operation from the four cycles of the LSS programme. A further 949.09MW of solar PV capacity has been awarded under the programme but has yet to be operational.
STRETCHINGTHE SOLAR INSTALLATION FOR HIGHER YIELD
Despite having full sunshine during the day, the generated solar power can only last for up to four hours, which is insufficient to maintain operations for the remaining 20 hours.
This could be due to various reasons such as the capacity of the power source, the energy consumption of the device, or other factors impacting the performance of the power source.
It is essential to evaluate these factors to ensure that the power source is capable of providing enough power to sustain operations for the desired duration.
HYBRID SOLAR BUSINESS
Hybrid Solar Solutions is an up-and-coming business concept committed to providing innovative and sustainable hybrid solar solutions. We aim to provide businesses with reliable, efficient, and environmentally friendly energy solutions.
We understand the need to address the growing demand for clean energy and cheaper sources worldwide.
Elquator presents a promising opportunity to enhance solar energy production. By optimizing solar panel installation, it is plausible to prolong the absorption of sunrays beyond the typical four to five hours per day.
This objective can be achieved by leveraging advanced photovoltaic technology, which facilitates the efficient conversion of sunlight into electricity. By investing in strategic planning and implementation, Elquator can help solar farm owners.
The industry trend is to adopt solar energy as a primary power source. This greener and more sustainable alternative helps reduce reliance on fossil fuels. However, complementary technologies can be paired with it to enhance solar energy's efficiency and savings further. The Solar Tracker system is a groundbreaking technology that has increased solar energy generation. Allowing the PV panels to follow the sun's path ensures that energy generation lasts longer, from early morning to late evening. The result is a significant increase in energy output that can more efficiently power homes and businesses. Moreover, the energy generated by the Solar Tracker system is stored in a Compressed Air Energy Storage system. This system is designed to store excess solar energy during low production hours, such as cloudy days or nighttime, and release it during periods of high demand. This feature ensures a continuous and uninterrupted energy supply, even during peak demand hours. The Compressed Air Energy system is a valuable addition to any solar installation. It helps collect small amounts of power generated and stores it when it is most needed. This technology is not only efficient but also eco-friendly, making it ideal for those who want to reduce their carbon footprint and contribute to a sustainable future.
PAIR IT AND GAIN
HOW DOESTHIS PLAN WORK?
The solar installation is designed to generate power using solar panels. The installed capacity of the solar installation determines the amount of energy that can be generated. However, the solar panels generate power only during the day when the sunlight is available. At night or on cloudy days, the solar panels may not generate enough power to be sent to the grid. A state-of-the-art Solar Tracker and Compressed Air Energy system will be installed to guarantee a constant and uninterrupted supply of energy to the grid. This cutting-edge technology is designed to capture and store any excess energy generated by solar panels during the day, ensuring that it can power homes and businesses when the sun isn't shining. With this innovative energy storage system in place, you can be confident in the reliability and sustainability of your energy supply. Solar installation, the solar tracker, and the Compressed Air Energy Storage system can benefit the clients. They can maximize the utilization of solar panels by ensuring that the surplus energy generated during the day is stored and used efficiently. They can also provide backup power during power outages and reduce the reliance on grid power. Additionally, they can help reduce the power purchased from the grid.
DUAL-AXIS SOLAR TRACKER
Consider installing a dual-axis solar tracker alongside the solar panels to optimize production output and improve efficiency. This technology enables the solar panels to track the sun's movement throughout the day more accurately, resulting in a higher energy yield. It is recommended that this technology be used to increase the overall efficiency of the solar energy system. The dual-axis tracker is a device that can rotate on two axes, thereby allowing it to track the sun's movement in both the east-to-west and north-to-south directions. This feature helps solar panels to remain aligned with the sun's rays throughout the day, boosting their energy production capacity. As a result, the dual-axis tracker can effectively enhance the performance of the solar farm. The dual-axis solar tracker is an innovative technology that enables installed solar panels to produce energy for a longer period. With this technology, the panels can generate energy efficiently from 9:00 a.m. to 6:00 p.m., which allows them to perform at their maximum efficiency and produce the highest amount of energy possible.
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ENERGY STORAGE TECHNOLOGY~ COMPRESSED AIR ENERGY STORAGE
Elquator has developed a state-of-the-art technology combining Compressed Air Energy Storage with solar energy to produce affordable, green, and sustainable hydrogen and methanol production energy. This system captures solar energy through solar panels and stores it for later use, enabling energy production even when the sun isn't shining. This innovation is a significant step towards achieving renewable energy and sustainability. This groundbreaking technology represents a significant breakthrough in hydrogen and methanol production. It is a complex system that incorporates high, low, and flow components to ensure an uninterrupted power supply for the production process. State-of-the-art technology has made highly efficient and cost-effective hydrogen and methanol production possible. This technology is essential for industries that rely on these fuels. By utilizing this system, companies can significantly reduce their carbon footprint while maintaining a reliable and sustainable power source. Access to affordable and efficient power sources for the production of hydrogen and methanol is crucial for ensuring profitable ventures in the long term. These fuels are increasingly important as alternative fuels due to their low emissions and potential to replace fossil fuels. However, producing these fuels can be expensive, making it difficult for businesses to pursue such ventures. Therefore, finding ways to reduce the cost of power for hydrogen and methanol production can increase profitability and drive innovation in the energy sector.
SYSTEM’S PRICING
One hectare can support a 1.5 MW solar installation that generates power for four hours each day. For 24 hours of power, each 1 MW installation requires a 6 MW Compressed Air Energy Storage (CAES) system.. The Solar Tracker system will help solar PV generate energy for longer, which is estimated to double the average generation amount.
1MW of Compressed Air Energy Storage
RM7,700,000.00
1 unit of Solar Tracker system (regardless of any size of panels)
RM9,800.00
EXPANDING THE BUSINESS
Southeast Asian countries increasingly prioritize solar energy to transition towards renewable energy sources.
As a result, they have been increasing their installed solar capacity and investing significantly in this sector. Research firm Rystad Energy predicts these investments will continue to grow and exceed $76 billion from 2023 to 2025. This shows the region's commitment to renewable energy and the continued growth of the solar industry in Southeast Asia. By expanding the hybrid solar installations in the region, this business model has a bright prospect of becoming one of the solutions to address the growing concern about the reliability of solar energy. With the massive installed capacity, the surplus kept in the Compressed Air Energy system can be used for other purposes—green hydrogen and green methanol. By collecting the CO2 from the biomass planned project and the timber factory from the surrounding area, the production of green methanol could be realized with no hassle.
HYDROGEN
The future of fuel starts with hydrogen
Hydrogen fuel is an incredibly versatile and promising energy source that can be used in many different sectors, including transportation, industry, and power generation. What makes it particularly exciting is the way it can be used to power vehicles through hydrogen fuel cells. These remarkable cells convert hydrogen and oxygen into electricity that powers electric motors, emitting only clean water vapor as a byproduct. This means that hydrogen fuel cell vehicles have the potential to offer long driving ranges and fast refueling times, which could be a game-changer for many drivers. Compared to battery electric vehicles (BEVs), which can have long charging times and limited ranges, hydrogen fuel cell vehicles offer a more convenient and practical option for drivers looking for a cleaner, more sustainable way to get around.
GREEN METHANOL PRODUCTION PROCESS
E-methanol is a type of fuel that is produced by combining green hydrogen and captured carbon dioxide in syngas from plastic sources. This innovative fuel is designed to reduce the environmental impact of marine transportation. When burned, e-methanol releases fewer greenhouse gases, carbon dioxide, nitrogen oxides, sulfur oxide, and particulate matter than traditional marine fuel. This makes it a more eco-friendly option that is better for the environment. The shipping industry is one of the largest contributors to greenhouse gas emissions. In an effort to reduce its carbon footprint, container shipping giant Maersk has ordered 19 ships with methanol engines. These engines are designed to run on e-methanol, making them a more sustainable choice. Maersk alone expects to require 6 million tons of green methanol by 2030 to meet its emission reduction targets. By investing in this innovative technology, Maersk is leading the way in sustainable shipping practices and setting an example for others to follow.
TECHNOLOGY READINESS
Technology readiness is not a static concept but rather a dynamic process. As technology evolves, readiness assessments may need re-evaluation periodically to account for advancements, changing requirements, and emerging challenges. Ongoing research, development, and continuous improvement efforts are essential to enhance technology readiness and drive successful implementation. Overall, technology readiness evaluation plays a crucial role in determining technology's feasibility, maturity, and potential impact. It helps decision-makers, policymakers, and stakeholders make informed choices regarding investments, resource allocation, and strategic planning, facilitating the effective integration of technologies into various domains and driving societal progress.
CREATOR
DESIGNER &
Danish nationality, Henrik Pryter, the CEO of ElQuator Holding Berhad, always had his eyes for everything he saw. He is the brainchild of all the systems developed for the company. His vision is to see the world is less polluted and CO2 is reduced by adapting to using Renewable Energy, with or without his system. He is the creator and the owner of all the systems he believes will change how energy is produced in the future.
ABOUT US
At Elquator Holding Berhad, we are a European- owned company based in Malaysia that specializes in Renewable Energy systems. Our IP design rights and unique expertise in manufacturing vertical wind turbine systems make us the only company of its kind in South East Asia. We pride ourselves on our high-tech storage system that ensures sustainable energy supplies around the clock. Our state-of-the-art energy system is designed to reduce CO2 emissions from coal and gas-powered electricity production. Despite common misconceptions about the wind patterns in this region, our technology can produce wind energy with a mere 2.3m/s wind speed and fill up the storage system efficiently.
ELQUATOR HOLDING BERHAD (1374536-P) No 1, Jalan P4/8B, Palm Industrial Park, Bandar Teknologi Kajang, 43500 Semenyih, Selangor, MALAYSIA
Tel: +6(03)87260207 www.elquator.com
www.elquatorwindturbine.com www.elquatorsmartenergy.com
wantamjamalullail-01/2024
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