Energy
HSBC launches $4B clean energy facility, targeting China-Vietnam green trade
HSBC has launched a dedicated credit facility of $4 billion for mainland China companies in the clean energy and low-carbon sectors, with Vietnam identified as a key destination for the initiative.
AWS signs first Malaysian solar deal, powering 50,000 homes with 23 MW plant
Amazon Web Services (AWS) has signed its first carbon-free energy agreement in Malaysia with Elphil Energy, an affiliate of Asiabina Group, for a 23-megawatt solar project in Sungai Siput, Perak.
Malaysia’s TNB to strengthen grid, expand renewables for AI economy
Malaysia's utility firm Tenaga Nasional Berhad (TNB) said Thursday it will continue to focus on strengthening grid resilience, expanding renewable energy capacity, advancing regional energy connectivity and enabling the growth of new industries, including the digital and artificial intelligence (AI)-driven economy.
Singapore, ADB renew partnership to accelerate cross-border clean energy in Southeast Asia
The Asian Development Bank (ADB) and the Energy Market Authority of Singapore (EMA) have renewed their memorandum of understanding (MOU) for another three years to support the development of cross-border energy projects in the Association of Southeast Asian Nations (ASEAN), including those exporting electricity to Singapore.
UOB Kay Hian foresees elevated orderbook in Malaysia’s RE driven by over 6.5GW of solar plant-ups
UOB Kay Hian expects total solar photovoltaic (PV) capacity to exceed 6.5GW over 2026 t0 2029 as the Malaysian government calls for tenders for the Large Scale Solar 6 (LSS6) and the take-off of Corporate Renewable Energy Supply Scheme (CRESS) projects.
Vietnam’s renewable energy startup Stride raises $15M in Series B round as Touchstone partially exits
Vietnam-based solar energy startup Stride has raised $15 million in a Series B funding round, while early investor Touchstone Partners announced a partial exit from the company.
Singapore to undergo IAEA review on nuclear energy readiness
Starting in 2027, Singapore will undertake an assessment by international experts to determine the country’s ability to make an informed decision on the potential deployment of advanced nuclear energy technologies in the future, its government agencies said Tuesday.
TNB commissions Malaysia’s first grid-connected BESS
Malaysia's utility firm Tenaga Nasional Berhad (TNB) has on Monday commissioned the 100 megawatt (MW) / 400 megawatt-hour (MWh) Santong Battery Energy Storage System (BESS) at the 132/33kV Santong BESS Main Intake Substation (PMU), Dungun, Terengganu, making it the first BESS in Malaysia connected to the grid.
Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia
Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund focused on businesses advancing United Nations Sustainable Development Goal 7 (UNSDG 7).
Japan’s ENEOS to acquire Chevron fuel, lubricants businesses in APAC with a $2.17B deal
ENEOS Holdings will acquire American energy giant Chevron’s downstream fuels and lubricants businesses across several Asia-Pacific markets in a transaction valued at $2.17 billion.
