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Asia and the Pacific needs grid upgrade to drive energy transition, says ADB reportInadequate investment in power grids is holding back developing countries in Asia and the Pacific from embracing the full benefits of an energy transition, including enhanced energy security, the creation of millions of green jobs, and the expansion of electricity access, the Asian Development Bank (ADB) said in its new report. ADB said in a statement on Monday that the bank calls for the...
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Brookfield, Solarvest partner to deliver 1.5+ GW of renewables in MalaysiaBrookfield, a global investment firm founded in Canada, has entered into a joint investment framework agreement with Malaysian clean energy firm Solarvest Holdings Bhd to jointly develop, construct and operate at least 1.5 GW of utility-scale solar and battery energy storage projects in Malaysia over next three to five years. Solavest said in a statement on Monday that under the partnership,...0 Comments 0 Shares 1K Views 0 Reviews
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Clime Capital invests in smart energy management solution provider AmpotechClime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam. This investment, facilitated through the Southeast Asia Clean Energy Fund II (SEACEF II), will support Ampotech’s regional Southeast Asia expansion with an...0 Comments 0 Shares 12K Views 0 Reviews
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Clime Capital’s second SEA clean energy fund achieves maximum capitalization with $175M committedClime Capital, the Singapore-based fund manager, has announced that the South East Asia Clean Energy Fund ll (SEACEF ll) has achieved maximum capitalization with $175 million committed. SEACEF ll, the first blended investment fund established in Southeast Asia to provide early-stage high-risk capital to support promising businesses accelerating the region’s low-carbon transition, now...0 Comments 0 Shares 10K Views 0 Reviews
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Gentari breaks ground on Maryvale solar and energy storage projectMalaysia’s clean energy solutions provider Gentari has on last Wednesday marked the groundbreaking of the Maryvale solar and energy storage project, a key milestone in delivering reliable, low-carbon energy for New South Wales (NSW). The firm said in a statement that the project Maryvale is a next-generation hybrid renewable energy facility that integrates a 243 MWp solar installation...0 Comments 0 Shares 3K Views 0 Reviews
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Gentari inks deal to power TM’s key operations with solar energyMalaysian clean energy solutions provider Gentari, through its wholly-owned subsidiary Gentari Renewables Sdn Bhd, has signed landmark Solar Power Purchase Agreements (PPA) with telecommunications company Telekom Malaysia (TM) to power six key TM facilities with solar energy. Gentari said in a statement on last Thursday that these PPAs are part of an ongoing collaboration between TM and...0 Comments 0 Shares 8K Views 0 Reviews
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Singapore’s Clime Capital launches independent Technical Assistance FacilityClime Capital, the Singapore-based fund manager focused on accelerating the low-carbon transition, announced Wednesday the launch of SEACEF TAF, an independent Technical Assistance Facility, to boost its impact in the region by delivering tailored strategic support alongside its investments in clean energy technologies and businesses in Southeast Asia. Clime Capital said in a statement that...0 Comments 0 Shares 2K Views 0 Reviews
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Singapore’s Hydroleap secures $4.75M funding to accelerate sustainable water technologies in APACHydroleap, a Singapore-based sustainable water treatment technologies, has successfully raised an additional $4.75 million in its latest funding round, bringing its total funding to nearly $12 million till date. The firm said in a statement on Wednesday that the funding was secured from strategic investors including EDBI, which operates under SG Growth Capital – the investment platform...0 Comments 0 Shares 4K Views 0 Reviews
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Singapore’s Quantified Energy secures Series A funding led by Vertex Ventures Southeast Asia & IndiaQuantified Energy (QE), a Singapore-based deep-tech company, announced its Series A fundraise led by Vertex Ventures Southeast Asia & India on Tuesday. With this latest funding round, QE will accelerate its global business development efforts and double down on product innovations to cater to the needs of the fast-growing solar industry, the firm said in a statement. “With this new...0 Comments 0 Shares 9K Views 0 Reviews
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Singapore’s Sodion Energy secures MWh supply of US developed advanced sodium-ion batteries from UNIGRIDSodion Energy, a provider of sodium-ion batteries for e-mobility and integrated energy storage solutions based in Singapore, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology. Sodion Energy said in a statement on Monday that this collaboration strengthens Sodion...0 Comments 0 Shares 12K Views 0 Reviews
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Solarvest, Press Metal team up to deliver $90.14M solar farm in SarawakMalaysia’s clean energy firm Solarvest Holdings Berhad has teamed up with aluminum producer Press Metal Berhad to deliver Sarawak’s 100-megawatt solar farm with an estimated investment cost of MYR 380 million ($90.14 million). Solarvest said in a statement on Friday that Mukah Solar Powerplant Sdn. Bhd. (MSPSB), its special purpose vehicle with Press Metal, has entered into a power...0 Comments 0 Shares 822 Views 0 Reviews
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