Magnolia Quality Development Corporation Ltd (MQDC) has announced a partnership with MIT Energy Initiative (MITEI) that will help it reduce greenhouse gas emissions in its projects in Thailand, reports local media. The US-based project was set up by Massachusetts Institute of Technology, a prestigious university.
By working with the MITEI’s Low-Carbon Energy Centre for Electric Power Systems Research, MQDC will have access to data and tools that will help it utilise more eco-friendly techniques and allow it to build developments that are more sustainable. MITEI provides a platform for multidisciplinary energy research, education, and outreach.
“RISC is delighted to be working with the MIT Energy Initiative, whose objectives we closely share. We are confident this collaboration through MITEI’s Low-Carbon Energy Centre for Electric Power Systems Research will bring benefits for the sustainability of property developments in Thailand and enable the country to play a greater role in global efforts to combat climate change,” says Dr. Singh Intrachooto, Chief Adviser of MQDC’s Research and Innovation for Sustainability Centre (RISC), in a press release.
MQDC hopes that by working with MITEI, they will be able to provide Thailand’s property sector with sophisticated environmental impact evaluations that will make projects greener and have less of an impact on the environment. The MITEI works with both companies in the industry and governments through its Low-Carbon Energy Centres. These centres provide in-depth reports to inform decision makers as well as other multi-stakeholder research initiatives.
“We look forward to working with MQDC and RISC on research that will help them reduce greenhouse gas emissions in current and future real estate projects. This is an important sector to decarbonise, and this collaboration will support MQDC’s commitment to advancing low-carbon technologies and strategies,” says Wendy Lihong Duan, Manager of the Asia Pacific Energy Partnership Programme MITEI.