Energy
Kenanga expects Malaysia’s utility-scale solar activity to gradually pick up in the second quarter on lower costs
Kenanga Research expects Malaysia's utility-scale solar activity to gradually pick up in the second quarter, supported by moderating solar module prices.
IFC backs Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia with $125M
The World Bank Group’s private-sector arm, the International Finance Corporation (IFC), is partnering with OCI TerraSus Sdn. Bhd., a subsidiary of South Korea’s OCI Holdings, to build Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia, backed by $125 million in IFC funding.
KWAP to commit $47M in Malaysia’s Lestari Cooling Energy
Malaysia’s national public sector pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is expected to commit up to MYR 190 million ($47.38 million) of capital in Lestari Cooling Energy Sdn. Bhd.
EU to invest €560M in Vietnam, focus on green transport, energy
The European Union will invest €560 million ($649 million) in sustainable transport and clean energy, in order to support economic growth, job creation, and pollution reduction.
Indonesia sovereign wealth fund Danantara opens waste-to-energy partner registration
PT Danantara Investment Management (DIM), a sovereign wealth fund of Indonesia, has opened registration for companies seeking to become prospective investment partners in Indonesia’s Waste-to-Energy (WtE) infrastructure program.
Vietnam-based SmartSolar secures $3.15M to expand rooftop solar financing for SMEs
Vietnam-based rooftop solar startup SmartSolar has closed a debt financing round, bringing its total funding to $3.15 million in combined equity and debt, as it expands financing solutions for small and medium-sized enterprises (SMEs)) facing rising electricity costs.
China’s JinkoSolar terminates $1.5B project in Vietnam due to US tariff on PV panels
China's JinkoSolar, one of the largest solar module manufacturers in the world, has voluntarily terminated its $1.5 billion photovoltaic panel project in Vietnam's northern coastal province of Quang Ninh.
OCBC sees geopolitical tensions to accelerate clean energy transition
Geopolitical tensions in the Middle East are reshaping the global energy landscape and accelerating the shift toward clean energy, according to OCBC Group Research. The disruption of oil and gas markets and supply chains caused by the conflict underscores the vulnerability of energy-dependent economies and highlights the urgency for diversification and…
UK-based asset manager Gresham House to acquire renewable developer Asia Clean Capital Vietnam
UK-headquartered Gresham House has signed an agreement to acquire Asia Clean Capital Vietnam Pte. Ltd. (ACCV), a Vietnamese commercial and industrial renewable energy developer.
UOB Kay Hian expects Malaysia’s total solar PV capacity to exceed 6.5GW over 2026 to 2029
UOB Kay Hian expects total solar photovoltaic (PV) capacity in Malaysia to exceed 6.5GW over 2026 to 2029 as the government calls for tenders for the Large-scale Solar (LSS) 6 bidding program and the rollout of corporate renewable energy supply scheme (CRESS) projects.
