Kinergy Advancement Bhd, a provider of energy and engineering solutions, has introduced a new brand and logo to reflect its commitment to expanding its sustainable energy solutions (SES) business. The company's SES segment had robust growth in 2022, contributing significantly to its overall net profit after tax.
With increased quarterly revenue and a goal of reducing greenhouse gas emissions, Kinergy is poised for substantial growth. The company has strategic acquisitions planned, including a biogas plant and mini hydroelectric power plant in Indonesia. Additionally, Kinergy is partnering with Petronas Gas Bhd to develop a gas-fired power plant, representing its largest SES venture to date.
The company aims to expand its regional presence in the SES sector and is focused on meeting the increasing demand for clean and sustainable energy across Southeast Asia.