Energy

To expand access to reliable energy and make clean power more affordable for industrial businesses, the International Finance Corporation (IFC) is investing THB 1.48 billion (approximately $45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (CleanMax).

Actis, a growth markets investor in sustainable infrastructure, has acquired a 100 percent stake in Barghest Building Performance (bbp), a Singapore-based energy-savings-as-a-service (ESaaS) provider for heating, ventilation and air conditioning (HVAC) systems in Asia.

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Tuesday entered into a memorandum of collaboration (MoC) with UEM Lestra Bhd, a whollyowned subsidiary of UEM Group Berhad, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).

Malaysia has approved 181.25MW renewable energy (RE) projects valued MYR 1.87 billion ($440 million) under the Feed-in Tariff (FiT) mechanism.

ResponsAbility will invest up to $15 million on behalf of its investors in August Energy, an energy-as-a-service (EaaS) infrastructure platform headquartered in Singapore with offices in Thailand, India, and the Philippines.

Amogy, a global provider of mature, scalable, and efficient ammonia-to-power solutions, announced Tuesday it has secured an additional $23 million in venture financing, successfully expanding the fundraise initially announced in January 2025.

Singapore and the United Kingdom (UK) have announced a collaboration on last Sunday to drive clean energy transition and advance the development of sustainable infrastructure across Southeast Asia.

Malaysia has reached a major milestone in its energy transition roadmap with the launch of the hybrid hydro floating solar (HHFS) and green hydrogen hub in Terengganu on last Saturday.

Analysts have foreseen strong momentum ahead for Malaysia's renewable energy sector, anchored by strong policy pipeline.

Malaysia's state-owned Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), reaffirmed its longstanding partnership with the Sabah state government by formalizing several key agreements for sustainable energy growth.