Energy

DEG, the German development finance institution, the French development finance institution Proparco and Standard Chartered have announced an agreement to finance the development, construction and operation of the Saguling floating solar photovoltaic (PV) plant as part of Indonesia’s Just Energy Transition Partnership (JETP).

Inadequate investment in power grids is holding back developing countries in Asia and the Pacific from embracing the full benefits of an energy transition, including enhanced energy security, the creation of millions of green jobs, and the expansion of electricity access, the Asian Development Bank (ADB) said in its new report.

Malaysia-based Solarvest Holdings Berhad and HSS Engineering Sdn Bhd (HSS), together with their Japanese partner Shizen Malaysia Sdn Bhd, have announced that its utility-scale solar project under SM01 Sdn Bhd has received approval for the Green Investment Tax Allowance (GITA) incentive from the Malaysian Investment Development Authority (MIDA).

As climate concerns and decarbonization targets reshape the global economy, Southeast Asia is emerging as a hotbed for green innovation—and Vietnam is doubling down. On April 16, 2025, the country’s MOST will host the Policy Dialogue Forum on Promoting Investment and Business Growth for Startups in Green Transition and Sustainable Development, a centerpiece…

Pentagreen Capital and British International Investment (BII) have announced a joint financing of $80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia in collaboration with leading international renewable energy development platform ib vogt Singapore Pte. Ltd. (ib vogt).

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has launched the fourth edition of its accelerator program, FutureTech 4.0, aimed at scaling innovative solutions that addresses real-world industry challenges and redefine the future of energy.

Stride, a Vietnam-based solar firm, announced Monday that it has secured series A equity from new investor UOB Venture Management and existing investors Clime Capital and Touchstone Partners.

Global sustainable infrastructure firm Actis has announced the closing of the acquisition of a stake in Terra Solar Philippines, Inc. (MTerra Solar), with MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corporation (SPNEC).

Seraya Partners said Monday that energy transition, digitalization, and regionalization, are driving new investment opportunities across developed and emerging Asia, as the region continues to drive global economic growth.

Terabase Energy, a global digital and automation solutions for utility-scale solar power, has announced the closing of its $130 million Series C financing round.