Global renewable energy developer, service provider and distributor, BayWa r.e., has announced the promotion of Niranpal Singh as managing director of BayWa r.e. Malaysia.
Niran will lead developments in BayWa r.e.’s several business units, namely Energy Solutions, Solar Project Development and Solar Equipment Trade for Malaysia. Maintaining his current portfolio as the General Manager of BayWa r.e. Energy Solutions for the Asia Pacific, Niran will also continue to drive strategic market growth and development models to BayWa r.e.’s Corporate & Industrial (C&I) customers in the region.
Niran’s strategies in the region will also complement initiatives by the Malaysian government as the country has reiterated its commitments to achieving the target of net-zero in carbon emissions by 2050 by developing a carbon pricing platform during the 14th Parliament session on 27 July 2022.
The Parliamentary session highlighted the need for an ESG (Environmental, Social, and Governance) approach consisting of green products and solutions such as solar panel financing, and green building. These are areas in which private companies such as BayWa r.e. can play a part in contributing to a sustainable future.
Commenting on his promotion, Niran said “I am beyond excited to take on the responsibility to head BayWa r.e.’s office in Malaysia. The past two years as the General Manager for the Energy Solutions business unit have opened my eyes to many talented individuals locally and regionally. I look forward to achieving more milestones with the team as we do our part in helping Malaysia move towards a transition towards cleaner energy and a more sustainable future.”
Niran joined BayWa r.e. in 2019 as the General Manager for Energy Solutions, Malaysia. Prior to joining BayWa r.e. Malaysia, he spent three years developing mini-grids, rural-solar hybrid solutions and commercial rooftop solar as an EPC (Engineering, Procurement, and Construction).
Following his promotion, Niran will be reporting directly to Daniel Gaefke, APAC Director, BayWa r.e. Gaefke said: “Southeast Asia presents a huge opportunity of US$30 billion in the next few years according to Southeast Asia’s Green Economy 2022 Report: Investing behind new realities by Bain and Temasek, with contributions from Microsoft. With Niran’s expertise in the energy solutions, photovoltaic and renewables sector, it will further refine our offerings in Malaysia, providing our customers with tailored renewable solutions to meet their carbon reduction needs.
“Niran has proven his capabilities serving as the General Manager of our APAC Energy Solutions team. We are confident that he will take our Malaysia business to greater heights as we continue to expand our solar and energy solutions services country-wide in anticipation of the growing demand for renewable energies and the energy transition plan laid out by the Malaysian government.”
In 2021, BayWa r.e. announced the successful sales of two solar farms in Malaysia to a local renewable energy-focused independent power producer, reNIKOLA Sdn Bhd. The first project is a 5.2 MWp development at Arau located on the university campus in Perlis, while the second project is the 39 MWp Gebeng solar park in Pahang.
Further in the Southeast Asia region, BayWa r.e. opened its Wind Projects Representative office in Lang Son Province, Vietnam, in June and partnered with Ubon Bio Ethanol PCL in Thailand to set up one of the largest private floating solar platforms in Ubon Ratchathani.
