NrgEdge Editor

Sharing content and articles for users
Last Updated: November 22, 2017
1 view
Business Trends
image

Ko Chuan Zhen is the co-founder and executive director of Plus Solar Systems Sdn Bhd (+SOLAR), a solar company which believes in powering sustainable growth by offering world-class renewable energy solutions. 

uploads1511319766663-Chuan+Zhen+KO+-+Half.jpg

Ko Chuan Zhen, +SOLAR Co-Founder & Executive Director


  1. Tell us about your typical day at work. 
    Usually a week before, I would have already planned out my schedule for the coming week. So, my schedule would be fixed with agendas beforehand, just like this interview. For me, I would be quite focused with communications – internal communications and external communications.
    Internal communications consist of mainly discussions on internal strategies, from HR, marketing, operations etc. I would also spend some time to do “coffee sessions” with my colleagues. I will try to catch up with each of them, asking them how they’re doing, how they’re feeling, if there’s anything I can help them out with, or if there’s anything positive that they want to share. We have about 60 people now so I can still manage to do that quite well. I’m quite familiar with some of them and we don’t need to communicate as often, so I prefer to engage with the newcomers. It’s all about communication. And through communication, you get to listen, and you can also share what the company is doing, why we’re doing it and where we are heading. I think it’s important to get everyone aligned internally.
    In terms of external communications, this is more about networking and building relationships for the business. I like to participate in the sales meetings even though we have a business team, as this is actually part of my interest – I like mixing with different people.
    There’s no fixed timing for working hours in our company. Sometimes, I will be here by 7am, sometimes 9am, it depends on the situation. I find that morning time is the best time to work as it’s less busy. In the evenings, most of the time I would rather spend it with my family. In our company, there is flexi-hour. We leave it up to the employees to decide when to come in and when to leave. Some of them who are parents may come in a little late, but stay a little longer at work. Or there are some who leave at 5pm sharp. Ultimately, it depends on the results they produce. I find that it helps, if they have a sense of control in the work they’re doing, they won’t feel forced to go to work.

  2. You’ve been in the industry for about 10 years now. What was a milestone that was significant to you? Or if there was more than one, do share with us.
    In the first 4 years, I was attached to different companies, Sharp Solar and Phoenix Solar – and without these important experiences, Plus Solar would not have become a reality. I learned a lot in those companies and traveled to so many countries, more than 11 countries and over 20 cities. We developed solar-powered plants in South Africa, to New Zealand, and even Tahiti.
    During this time, the market for solar energy in Malaysia was quite bleak. But I was determined to stay in this industry and I knew that I had to wait for the right moment. And that moment was when the Malaysian government introduced Feed-in Tariff (FiT). That’s when I started my own business with Leaf Energy, then Plus Solar. It was challenging during the initial stage for myself and my co-founders (Ryan Oh & Poh Tyng Huei). Although I had some experience in the industry, I was only 27. When we approached our potential clients, they had doubts about our young company, but we proved with our positive track record that we had the capabilities and experience. And our company began to grow. We’re proud to say that some of the clients whom we engaged with in the early stage of our careers are still with us today.
    Another significant milestone which I think will be important to us in the future, is the realignment of the company foundation and culture which we are currently doing.

  3. As a startup company, what do you look for in a team member? What are the top 5 attributes that are important to you? 
    I can tie this back to our company values, which is being driven by Purpose, Passion and Persistence. We look for team members who know why they are here and understand their purpose. If you don’t know your purpose, then it’s best to figure that out before you join a company. It’s easier to align people when their purpose is the same as the company’s.
    I think there's a cycle – sometimes you may not have passion, but you know your purpose and you are persistent in making it work. When you achieve your goal, then perhaps you will find your passion in the end. Or perhaps when you’re persistent in doing something, you develop a passion for it, and finally discover your purpose.
    Secondly, teamwork is very important. We hire people who can gel with others, and we really look into the culture fit. We care a lot about our people, and we feel that there are times you need to be a leader, but you must also be able to follow.
    Thirdly, we look at those who embrace failure, evolve and excel. We appreciate those who have experienced failure in their lives before and were able to recover and progress from it. We won’t hire someone who can’t face failure, because here in the renewable energy industry, it’s a very new industry and we will always face failures and challenges. So, it’s important to bounce back and evolve from those failures.
    Fourthly, we value integrity, because we are a very transparent and open company. We don’t want to create or force rules to control people, instead we want them to behave in a manner that is ethical on their own. We don’t want to create a ‘factory’ mindset.
    Lastly, we look for that hunger in our team members. Perhaps a hunger to impact the society or hunger for knowledge. Myself and the co-founders, we have the hunger to change the way people use energy.

  4. Being a young business owner, what challenges did you face when you started the business at the age of 27? Was age an obstacle for you? 
    I did face that challenge because I was young, and the company had no background, but that was it. You might be lacking in terms of resources and knowledge but that can be overcome. It can also be an advantage to start a business at a young age, because you can accept more risk, be more energetic, and you can work nonstop with little to no rest (although now I can’t really do that anymore!). I don’t think age is an obstacle, because I believe that as long as you always do the right thing, do it professionally, have a deep knowledge in what you’re doing, and not try to lie to people, you will be successful.

  5. How has your professional network been important in getting you where you are today? Also, other than the workplace, where should one start building their professional network?
    Professional network is important. Some say it’s not about technology know-how. It’s know-who. I was a sales manager previously, so that’s where I started building my network. Networking is important because it’s all about the customer or potential customer. In fact you may end up becoming friends because of the relationship that you have built. From there, more and more people will be introduced through your network. You can build the trust and relationship with people through these physical connections, not just via Whatsapp or online media. That’s also important but you need to have the basics of physical networking. You need time to do this, and sincerity is also important.
    You can also build your network through networking sessions. For example, I attended a conference chaired by the Energy ministry recently, where they spoke about the future of energy in Malaysia and I met with a couple of important players in the industry. So I think online and offline networking are both quite important.

  6.  In your experience, what is the awareness level on Renewable Energy in Asia? 
    Now it’s much better compared to when I first started out in the industry. 10 year ago, whenever I mentioned solar energy, people would associate it with electronic-compliance. And now, people can tell the difference between solar photovoltaic (generate electricity through light) and solar thermal (generate hot water through heat). And they’re also aware about the Feed-in Tariff in which you can sell solar energy to TNB. In Asia, Thailand is well ahead of Malaysia in solar energy development. Philippines is growing very rapidly in the past few years. If you compare Malaysia with US and Europe, generally the awareness level is at 60% in Malaysia and in US or European market is at 70% - so the gap is not too far, it will just take time.

  7. You started from just 3 (you and the co-founders), and now you have almost 60 employees. Are there any expansion plans for your company? 
    Yes, we definitely have plans for expansion. We plan to set up more offices in Malaysia. Right now we have offices in Penang and KL, and we’ve also set up a regional office in Singapore. Our projects right now can be found all over Malaysia, excluding Sarawak. We are looking to have projects in Vietnam, Thailand, and Philippines.

  8. What are the challenges you’ve faced in this industry? How did you overcome them?
    We are running a sustainable business in a not quite sustainable way because of policy limitations. We are heavily reliant on policies and government incentives. Without policies in place, the business cannot run. But things are better now. Without the FiT, licensing or quota, we wouldn’t be able to run solar energy business because the price was high compared with TNB price. But now the price of solar energy has dropped the past few years, about 98% lower.
    Now we changed to a new policy called Net Energy Metering (NEM) or Self-Consumption. With this in place, you don’t really need to apply for subsidy from the government but this is more for tax benefits. To overcome these challenges, we work closely with the government and policy-makers in designing such policies to make this industry more sustainable.

  9. Where do you see the industry in the next 10-20 years? 
    I think there will be more self-sufficient energy sources. You may be able to build your own microgrid. From centralized power source, we may be going into decentralized power source. For centralized power source, the disadvantage is the emission energy loss is at 30%, which is quite substantial and inefficient. If you go for decentralized power source, for example you have your own micro grid and build your own solar energy source on your roof top, the way you conserve energy will be much more efficient. The empowerment of people to generate their own energy resources will be much higher than before. Renewable energy, clean energy will be smarter thanks to digital technology. Digitization will help with monitoring, controlling, and analysis of clean energy because then you’re able to use it in a more efficient way.

  10. In this day and age, new technologies are emerging faster than ever before. How is technology reshaping the work that you do?
    The changes in the energy industry is not that fast, compared to the retail industry which has evolved into online businesses. Energy industry is more challenging because there are infrastructure limitations. Large, established oil & gas businesses that have been in the industry for a while may have more resources and the infrastructure is owned by government. You can’t easily disrupt the infrastructure. It all takes time and persistence. Though now I think the progress will accelerate because the digital technology is much better and the grid is getting smarter.

  11. There have been recent studies and articles that say the youths, especially millennials, are not so keen to join the Oil & Gas sector. However, they might be keener on Renewable Energy, as they are becoming more environmentally conscious. Do you see a boom in Renewable Energy job market especially in Malaysia?
    Yes, there is a gradual boom in the job market. It used to be difficult to search for renewable energy companies. But now there is a bigger interest and demand in the industry. For example, we have someone who studied chemical engineering but had little interest in oil and gas industry. So she decided to explore and try working in a renewable energy company, and that’s how she ended up with us. I believe that youngsters nowadays prefer doing something more meaningful in their careers, rather than just focusing on the income aspect. Money is important, but they are also looking for ways to create a positive impact or contribute to the society, and they enjoy being involved in corporate social responsibility (CSR) programs. We do encourage this in our company and as a matter of fact, one of our upcoming project involves a village where we will help power up some of the houses with solar energy and we’re quite excited about this.

  12. We all know what they say about all work and no play. What do you enjoy doing in your free time? 
    I really do enjoy my work, so I don’t quite draw the line between work and play. I found this quote that goes: “If you can find a job that you love, you’ll never have to work a day in your life.” This quote changed my perspective. But in my free time, I like to read. I read about the business and the future trends. I also like to attend different events, mix with people from different industries such as IT, FMCG, etc. I enjoy finding out about different business perspectives. I like travelling. But sometimes when I’m travelling I also get ideas for the business! And I enjoy spending time with friends and watching movies.

  13. What is the one piece of advice you wish you knew when you started that you want the next generation of Energy, Oil & Gas professionals to know? 
    Always focus on 3 things. Know what is your passion, know what it is you like to do. Secondly, focus on your strength. You may like to sing, but it doesn’t mean you can sing well. Put more time to focus on your strength so you can be outstanding. If your strength is what you like to do, that’s good. Third, look at the market demand. If there’s a demand for it, you’re able to solve a problem. These 3 things are your foundation. Next, you need to choose which industry you’d like to venture further. And you should also understand the entire supply chain of that field so you can decide where you want to be.
    You should also ask these questions, if you’re an engineer. Do you want to be involved in business, become a Project engineer, or a Technical engineer? If you have no idea, I would recommend for you to start as a Technical engineer. If you have solid technical knowledge, you can move anywhere else. Your knowledge would be more valuable.
    For non-engineers, if you want to join the energy industry, you still need to know everything about the industry.
    For me, I knew that I wanted to be a Business type of engineer. But I started as a technical engineer and was very hands on, and I wanted to learn as much as I could to progress further as a business person.
    It all starts with your mind. Know ultimately where you want to go. You must always start with the end in mind. From there you can plan your career path.


Sign up on NrgEdge to read more articles like these and get connected with oil, gas and energy influencers!
Visit https://goo.gl/a36LfT

renewable energy solar power nrgtalk influencer interview
3
7 3

Something interesting to share?
Join NrgEdge and create your own NrgBuzz today

Latest NrgBuzz

The Cubs Phenom: A Look At Anthony Rizzo
A look at Anthony Rizzo

Anthony Rizzo Players Can't Sit On Bench  According to a report from the Chicago Sun-Times, the world-famous Anthony Rizzo Phrase "Zombie Rizzo" has been told to never be used again. Of course, this is not the first time that the Zombified Chicago Cubs' first baseman has made headlines this year. A year ago, "Rosebud" was the catchphrase that he coined for himself. Also, there is Anthony Rizzo Shirts that come in his name. Now that the Cubs are World Series Champions, Anthony Rizzo is on his way to superstardom. He is leading the World Series in several categories, including hits, runs, home runs, RBI's, OBP, and SLG. Also, he's on track for a staggering year in hits, RBI's, and total bases, all while being second in home runs.

 The Cubs Phenom

This season the Chicago Cubs are over 3.5 million in earnings from the local broadcasts alone. The Cubs could lose a good deal of local revenue if they fail to get back to the World Series.  But the local revenue is not the biggest factor in the Cub's success. A large part of their success comes from two of their most popular players, third baseman Kris Bryant and first baseman Anthony Rizzo.  These two players are now the favorites to win the MVP awards this year, especially if the Cubs are able to stay on top of the wild card standings.  A Look at Rizzo  Anthony Rizzo is often compared to his college teammate Andrew McCutchen. Both players have performed well at the plate.

June, 24 2022
The Advantages Of Owning A Wood Pellet Mill

The wood pellet mill, that goes by the name of a wood pellet machine, or wood pellet press, is popular in lots of countries around the world. With all the expansion of "biomass energy", there are now various production technologies utilized to convert biomass into useable electricity and heat. The wood pellet machines are one of the typical machines that complete this task.

Wood pellet mills turn raw materials such as sawdust, straw, or wood into highly efficient biomass fuel. Concurrently, the entire process of converting these materials in a more dense energy form facilitates storage, transport, and make use of on the remainder of any value chain. Later on, you will find plans for biomass fuel to replace traditional fuels. Moreover, wood pellet machines supply the chances to start many different types of businesses.

What Is A Wood Pellet Mill?

Wood pellet machines are kinds of pellet machines to process raw materials including peanut shells, sawdust, leaves, straw, wood, plus more. Today the pellet mills can be purchased in different types. Both the main types include the ring die pellet mills as well as the flat die pellet mills. Wood pellet mills are designed for processing many different types of raw materials irrespective of size. The pellet size is very simple to customize with the use of a hammer mill.

The Benefits Of A Wood Pellet Mill

- The gearboxes are made of high-quality cast iron materials which provide excellent shock absorption and low noise. The wood pellet mills adopt a gear drive that makes a better efficiency in comparison with worm drive or belt drive. The gear drive setup really helps to prevent belt slippage while extending the lifespan in the belt drive.

- The equipment shell includes reinforced ribs and increased casting thickness, which significantly enhances the overall strength of those mills, preventing the breakage in the shell.

- The rollers and die are made of premium-quality alloy steel with 55-60HRC hardness.

- These mills adopt an appropriate wood-processing die-hole structure and die-hole compression ratio.

- The electric-control product is completely compliant with CE standard-os.

- The Emergency Stop button quickly shuts along the mill if you are up against an unexpected emergency.

How To Maintain A Wood Pellet Mill

- The belt tightness ought to be checked regularly. If it is now slack, it needs to be tightened immediately.

- The equipment should be situated in a nicely-ventilated area to ensure the temperature created by the motor can emit safely, to extend the lifespan of your machine.

- Before restarting the appliance, any remaining debris has to be cleared from the machine room to reduce starting resistance.

- Oil must be filled regularly to every bearing to market inter-lubricating.

- To ensure the cutter remains sharp, check this part regularly to prevent unnecessary damages for any other part.

- Regularly inspect the cutter screws, to make sure the bond involving the knife and blade remains strong.

- The machine should take a seat on an excellent foundation. Regular maintenance of your machine will prolong the complete lifespan of the machinery.

June, 12 2022
OPEC And The Current State of Oil Fundamentals

It was shaping up to yet another dull OPEC+ meeting. Cut and dry. Copy and paste. Rubber-stamping yet another monthly increase in production quotas by 432,000 b/d. Month after month of resisting pressure from the largest economies in the world to accelerate supply easing had inured markets to expectations of swift action by OPEC and its wider brethren in OPEC+.

And then, just two days before the meeting, chatter began that suggested something big was brewing. Whispers that Russia could be suspended made the rounds, an about-face for a group that has steadfastly avoided reference to the war in Ukraine, calling it a matter of politics not markets. If Russia was indeed removed from the production quotas, that would allow other OPEC+ producers to fill in the gap in volumes constrained internationally due to sanctions.

That didn’t happen. In fact, OPEC+ Joint Technical Committee commented that suspension of Russia’s quota was not discussed at all and not on the table. Instead, the JTC reduced its global oil demand forecast for 2022 by 200,000 b/d, expecting global oil demand to grow by 3.4 mmb/d this year instead with the downside being volatility linked to ‘geopolitical situations and Covid developments.’ Ordinarily, that would be a sign for OPEC+ to hold to its usual supply easing schedule. After all, the group has been claiming that oil markets have ‘been in balance’ for much of the first five months of 2022. Instead, the group surprised traders by announcing an increase in its monthly oil supply hike for July and August, adding 648,000 b/d each month for a 50% rise from the previous baseline.

The increase will be divided proportionally across OPEC+, as has been since the landmark supply deal in spring 2020. Crucially this includes Russia, where the new quota will be a paper one, since Western sanctions means that any additional Russian crude is unlikely to make it to the market. And that too goes for other members that haven’t even met their previous lower quotas, including Iraq, Angola and Nigeria. The oil ministers know this and the market knows this. Which is why the surprise announcement didn’t budge crude prices by very much at all.

In fact, there are only two countries within OPEC+ that have enough spare capacity to be ramped up quickly. The United Arab Emirates, which was responsible for recent turmoil within the group by arguing for higher quotas should be happy. But it will be a measure of backtracking for the only other country in that position, Saudi Arabia. After publicly stating that it had ‘done all it can for the oil market’ and blaming a lack of refining capacity for high fuel prices, the Kingdom’s change of heart seems to be linked to some external pressure. But it could seemingly resist no more. But that spotlight on the UAE and Saudi Arabia will allow both to wrench some market share, as both countries have been long preparing to increase their production. Abu Dhabi recently made three sizable onshore oil discoveries at Bu Hasa, Onshore Block 3 and the Al Dhafra Petroleum Concession, that adds some 650 million barrels to its reserves, which would help lift the ceiling for oil production from 4 to 5 mmb/d by 2030. Meanwhile, Saudi Aramco is expected to contract over 30 offshore rigs in 2022 alone, targeting the Marjan and Zuluf fields to increase production from 12 to 13 mmb/d by 2027.

The UAE wants to ramp up, certainly. But does Saudi Arabia too? As the dominant power of OPEC, what Saudi Arabia wants it usually gets. The signals all along were that the Kingdom wanted to remain prudent. It is not that it cannot, there is about a million barrels per day of extra production capacity that Saudi Arabia can open up immediately but that it does not want to. Bringing those extra volume on means that spare capacity drops down to critical levels, eliminating options if extra crises emerge. One is already starting up again in Libya, where internal political discord for years has led to an on-off, stop-start rhythm in Libyan crude. If Saudi Arabia uses up all its spare capacity, oil prices could jump even higher if new emergencies emerge with no avenue to tackle them. That the Saudis have given in (slightly) must mean that political pressure is heating up. That the announcement was made at the OPEC+ meeting and not a summit between US and Saudi leaders must mean that a façade of independence must be maintained around the crucial decisions to raise supply quotas.

But that increase is not going to be enough, especially with Russia’s absence. Markets largely shrugged off the announcement, keeping Brent crude at US$120/b levels. Consumption is booming, as the world rushes to enjoy its first summer with a high degree of freedom since Covid-19 hit. Which is why global leaders are looking at other ways to tackle high energy prices and mitigate soaring inflation. In Germany, low-priced monthly public transport are intended to wean drivers off cars. In the UK, a windfall tax on energy companies should yield US$6 billion to be used for insulating consumers. And in the US, Joe Biden has been busy.

With the Permian Basin focusing on fiscal prudence instead of wanton drilling, US shale output has not responded to lucrative oil prices that way it used to. American rig counts are only inching up, with some shale basins even losing rigs. So the White House is trying more creative ways. Though the suggestion of an ‘oil consumer cartel’ as an analogue to OPEC by Italian Prime Minister Mario Draghi is likely dead on arrival, the US is looking to unlock supply and tame fuel prices through other ways. Regular releases from the US Strategic Petroleum Reserve has so far done little to bring prices down, but easing sanctions on Venezuelan crude that could be exported to the US and Europe, as well as working with the refining industry to restart recently idled refineries could. Inflation levels above 8% and gasoline prices at all-time highs could lead to a bloody outcome in this year’s midterm elections, and Joe Biden knows that.

But oil (and natural gas) supply/demand dynamics cannot truly start returning to normal as long as the war in Ukraine rages on. And the far-ranging sanctions impacting Russian energy exports will take even longer to be lifted depending on how the war goes. Yes, some Russian crude is making it to the market. China, for example, has been quietly refilling its petroleum reserves with Russian crude (at a discount, of course). India continues to buy from Moscow, as are smaller nations like Sri Lanka where an economic crisis limits options. Selling the crude is one thing, transporting it is another. With most international insurers blacklisting Russian shippers, Russian oil producers can still turn to local insurance and tankers from the once-derided state tanker firm Sovcomflot PJSC to deliver crude to the few customers they still have.

A 50% hike in OPEC’s monthly supply easing targets might seem like a lot. But it isn’t enough. Especially since actual production will fall short of that quota. The entire OPEC system, and the illusion of control it provides has broken down. Russian oil is still trickling out to global buyers but even if it returned in full, there is still not enough refining capacity to absorb those volumes. Doctors speak of long Covid symptoms in patients, and the world energy complex is experiencing long Covid, now with a touch with geopolitical germs as well. It’ll take a long time to recover, so brace yourselves.

End of Article

Get timely updates about latest developments in oil & gas delivered to your inbox. Join our email list and get your targeted content regularly for free or follow-us on LinkedIn.

No alt text provided for this image

Learn more about this training course

June, 12 2022