Energy

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…

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.

Malaysia’s Advanced Accumulators launches the region’s first Battery Subscription Program

Malaysia’s battery and automotive solutionist Advanced Accumulators has announced the launch of the region’s first Battery Subscription Program, to transform fleet efficiency and energy optimization across the region.

BDx Data Centers, HEXA Renewables sign strategic 50 MW deal to power SEA’s AI boom with green energy

BDx Data Centers (BDx), a data center operator in Asia, Tuesday announced a strategic partnership with HEXA Renewables, a regional renewable energy firm, to create an innovative cross-border model that adds new clean energy capacity to the region, specifically the Singapore-Malaysia energy grid.

Malaysia reduces renewable energy access charges by up to 40 percent

Malaysia has reduced the corporate and community renewable energy access charges by up to 40 percent.

CIP partners Petrovietnam to develop Vietnam’s first offshore wind project

Copenhagen Infrastructure Partners (CIP), through its Growth Market Fund II, and Vietnam National Industry – Energy Group (Petrovietnam) have signed a Joint Development Agreement (JDA) to collaborate on the development of an offshore wind project in Vietnam’s south-central region.

Gentari and Gamuda collaborate on 1.5 GW solar energy project to power strategic hyperscale data centers in Malaysia

Malaysian clean energy solutions provider Gentari and engineering and construction company Gamuda have collaborated on 1.5 GW solar energy project to power strategic hyperscale data centers in Malaysia.

Gentari partners with UltraTech to commission India’s hybrid RTC renewable energy project

Malaysian clean energy solutions company Gentari has partnered with UltraTech Cement, India’s largest cement and ready-mix-concrete company, to fully operationalize the country’s first-of-its-kind on-site Hybrid RTC renewable energy project.

TNB, Petronas and Terengganu Inc tie up to launch hybrid hydro floating solar, green hydrogen hub development in Terengganu

Tenaga Nasional Berhad (TNB), Petroliam Nasional Berhad (Petronas) and Terengganu Inc have advanced Malaysia's National Energy Transition Roadmap (NETR) with hybrid hydro floating solar, green hydrogen hub development in Terengganu.

Earth VC-backed Aalo Atomics closes $100M Series B financing round led by Valor Equity Partners

Aalo Atomics, a next-generation nuclear energy company, has closed a $100 million Series B financing round led by Valor Equity Partners.