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2025-09-08 05:48:43 -

Analysts stay upbeat on Malaysia’s renewable energy sector
Analysts have stayed upbeat on Malaysia’s renewable energy (RE) sector after the government’s projects are gaining momentum. Maybank Investment bank said in its recent note that it has reiterated its positive call on Malaysia’s RE sector, driven by supportive policy reforms and an accelerating project pipeline. On August 29, the Energy Commission cut system access charge...

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2025-05-03 13:18:22 - 5.0

Asia and the Pacific needs grid upgrade to drive energy transition, says ADB report
Inadequate 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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2025-09-24 06:31:39 -

Asia Pacific scales up energy transition to meet surging demand, ABB research shows
Asia Pacific (APAC) firms are scaling up energy transition to meet surging demand, according to industry research conducted by ABB’s Energy Industries division. ABB said in a research on Wednesday that nearly two-thirds (65 percent) of energy leaders in Asia Pacific (APAC) believe progress in the energy transition in the region is developing at sufficient speed. The Asia Pacific Energy...

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2025-09-26 03:45:36 -

Brookfield, Solarvest partner to deliver 1.5+ GW of renewables in Malaysia
Brookfield, 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,...

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2025-09-21 23:20:02 -

KANEKA partners BACRE to launch $7M biomass steam plant in Malaysia
Kaneka Malaysia Sdn Bhd and BAC Renewable Energy Sdn Bhd (BACRE) have teamed up to launch MYR 30 million ($7.13 million) biomass steam plant in Gebeng, advancing Malaysia’s renewable energy and energy transition roadmaps. According to a statement on Friday, the plant is located within Kaneka Kaneka Malaysia chemical industrial complex in the Gebeng Industrial Estate. The project, led by...

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2025-05-29 08:05:27 -

Malakoff partners HICOM Automotive for solar project in Malaysia
Malaysia’s energy and environmental solutions firm Malakoff Corporation Berhad has partnered premium vehicles manufacturer HICOM Automotive Manufacturers (Malaysia) Sdn. Bhd. for a solar project in the country. Malakoff said in a statement on Tuesday that the firm through its commercial and industrial (C&I) solar subsidiary, Malakoff Radiance Sdn. Bhd. (MRSB), is expanding its...

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2025-09-23 05:58:01 -

Maybank sees government’s execution as key for Philippines’ renewable energy sector
Maybank Investment Bank has maintained a neutral stance on the renewable energy (RE) sector in the Philippines despite the positive government support as execution has lagged and RE players are navigating near-term headwinds with execution hurdles. The research house said in a note on last Friday that despite supportive policies in the country, RE capacity additions only began to outpace...

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2025-09-18 15:27:43 -

MDV targets $71.06M in energy transition financing by year end
Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia, is targeting total approvals of MYR 300 million ($71.06 million) in financing for energy transition projects under the National Energy Transition Facility (NETF) by the end of 2025. The firm said in a statement...

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2025-08-08 06:55:18 -

Petronas and Microsoft expand collaboration to support Malaysia’s AI ecosystem
Malaysia’s state-owned utility firm Petroliam Nasional Berhad (Petronas) and Microsoft have signed a memorandum of understanding (MoU), further extending their strategic collaboration in multiple areas across innovation and sustainability to support the development of an artificial intelligence (AI)-enabled economy and ecosystem in Malaysia, while advancing efforts toward energy...

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2025-09-11 06:49:42 -

Princeton Digital Group taps Pertamina Patra Niaga to advance sustainable data center operations in Indonesia
Princeton Digital Group (PDG), the Singapore-based data center provider, announced Wednesday a strategic partnership with oil and gas firm Pertamina Patra Niaga to roll out hydrotreated vegetable oil (HVO) as a replacement for diesel fuel across its Indonesian operations. This milestone marks a significant step in PDG’s commitment to reducing its Scope 1 carbon footprint and advancing...

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2025-03-19 06:33:28 -

Seraya Partners: energy transition, digitalization, and regionalization are driving new investment opportunities across developed and emerging Asia
Seraya Partners said Monday that energy transition, digitalization, and regionalization, are driving new investment opportunities across developed and emerging Asia, as the region continues to drive global economic growth. The Asia-based independent private equity fund said in its latest whitepaper that an estimated $1.7 trillion in annual funding is required to sustain growth, modernize...

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2025-09-11 06:07:05 -

Singapore’s central bank secures $510M to back green and sustainable infrastructure in Southeast and South Asia
The Monetary Authority of Singapore (MAS) announced Monday that the Green Investments Partnership (GIP), a blended finance partnership under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, has achieved its first close with $510 million of committed capital from global and regional private, public and philanthropic institutions. The capital will be deployed...

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