16 Apr, 2024
Shift Clean Solutions and JLand Group team up to electrify ASEAN maritime industry with marine battery fabrication facility in Johor
Shift Clean Solutions Ltd. (“Shift”), a global producer of marine energy storage systems, and JLand Group Sdn Bhd (“JLG”), a real estate arm of Johor Corporation, today signed a Memorandum of Understanding (“MoU”) to evaluate the establishment of a fabrication and production facility for marine batteries at the futuristic Ibrahim Technopolis (“IBTEC”) in Johor. IBTEC, a 7,290 acres circular city north of Iskandar Malaysia, is strategically located close to crucial ASEAN waterways. This facility will leverage the ASEAN Free Trade Area (“AFTA”) agreement to promote regional economic growth and foster a more sustainable maritime industry.
This collaboration builds on Shift’s growing presence in Southeast Asia, which kicked off with Shift’s participation as the battery technology partner of the Goal Zero Consortium. The consortium was awarded funding by the Maritime Port Authority of Singapore (MPA) and Singapore Maritime Institute (SMI) to develop Singapore’s first fully electric cargo vessel, the Hydromover, in August 2021. The vessel prototype was launched in November 2023 and is currently undergoing sea trials. This latest partnership with JLG will further strengthen Shift’s position as a frontrunner in clean energy storage solutions for the maritime industry in the region.
“This MoU represents a pivotal moment for us,” stated Gary Doyle, Shift Chief Executive Officer. “By strengthening our presence in Southeast Asia, we are strategically positioned to serve the rapidly growing demand for marine electrification solutions in the region. This collaboration with JLG will enhance the regional supply chain and empower us to better support companies across ASEAN in their transition towards a cleaner and more sustainable maritime future. We are keen to collaborate with like-minded partners to accelerate the development of advanced and efficient energy storage solutions regionally.”
“Our collaboration with Shift signifies a strategic alliance aimed at propelling innovation and creating a tangible impact in marine and port electrification. Through our ‘build and lease’ partnership model with Shift, alongside other approaches such as build-and-sale and outright land sales, we support our partners effectively. In our venture with Shift, we are poised to establish a cutting-edge assembly plant, showcasing JLand’s firm commitment to advancing sustainable practices. This initiative underscores the broader mission of JLG to foster innovation and enhance capital efficiency within the real estate sector. Guided by our mission of ‘Build. Create. Thrive.’, JLG aims to emerge as the premier provider of real estate solutions, meeting the diverse needs of businesses and industries while staying responsive to evolving market demands,” said Muaazam Mahmud, Managing Director of JLG.
Muaazam highlighted that the partnership with Shift, acknowledged as innovative disruptors in their field, underscores JLG’s dedication to collaborating with forward-thinking entities to spearhead positive industry transformations, a core principle for the development of IBTEC.
IBTEC boasts of unparalleled infrastructure availability, a sustainable park and the imminent establishment of a logistics park poised to bolster manufacturing facilities. JLG’s proven track record in successful data centre ventures further underscore IBTEC’s potential to attract a diverse array of innovative industries. This is further compounded by JLG’s decades long experience in the industry, positioning it as an end-to-end provider capable of delivering comprehensive and tailored solutions for clients like Shift.
