Energy

SUSI Partners, through the SUSI Asia Energy Transition Fund (SAETF), has successfully realized its investment in Singapore-based renewable energy developer Alba Renewables (Alba), following Alba’s acquisition by leading global investment firm Brookfield.

In response to client demand for reliable energy access and sustainable investments across emerging markets, the International Finance Corporation (IFC), a member of the World Bank Group, will invests $100 million to support a fund with a target size of $5 billion managed by Brookfield Asset Management.

Malaysia-based clean energy firm Solarvest Holdings Berhad has secured an MYR 320 million ($77.99 million) engineering, procurement, construction, and commissioning (EPCC) contract under the large scale solar 5 program (LSS5).

Aster, a provider of energy and chemical solutions in Southeast Asia, and Aether Fuels (Aether), a sustainable aviation fuels (SAF) producer, have on Tuesday signed an agreement to develop the first next-generation, commercial-scale SAF production facility in Southeast Asia at Aster Pulau Bukom in Singapore.

The Monetary Authority of Singapore (MAS) has on Monday released key insights from the Transition Credits Coalition’s (TRACTION) final report, and published a statement of support for energy transition credits.

Petroliam Nasional Berhad (Petronas)’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV), has been granted an offshore assessment permit for carbon capture and storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency on October 10.

Malaysia's energy firm Solarvest Holdings Berhad said last Thursday that it continues to accelerate its regional growth momentum with a major milestone in Asia as Nextree Synergy Sdn. Bhd. officially signed the letter of award (LOA) with Atlantic Blue Sdn. Bhd., a wholly-owned subsidiary of Solarvest.

Malaysia-based Yinson Renewables has received approval from New Zealand’s Overseas Investment Office (OIO) for its renewable energy investments in the country, paving the way to advance its project pipeline.

Tenaga Nasional Berhad (TNB), a Malaysia-based electricity utility company, has on last Sunday formalized a memorandum of understanding (MoU) with the State Grid Corporation of China (SGCC), a China-based public utility company, represented by its wholly-owned subsidiary China Electric Power Equipment and Technology Co., Ltd. (CET), to strengthen technology…

Pentagreen Capital, manager of a blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, and Citicore Solar Energy Corporation (Citicore), part of the Citicore Renewable Energy Corporation, announced last Thursday a financing of $55 million to unlock the implementation of solar and battery storage projects in…