Energy

Actis closes $600M MTerra Solar investment with Meralco PowerGEN (MGEN) unit MGreen

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: energy transition, digitalization, and regionalization are driving new investment opportunities across developed and emerging Asia

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.

US’s Terabase secures $130M Series C from SoftBank to accelerate construction of utility-scale solar

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.

Solarvest partners A1Health to accelerate renewable energy adoption in Malaysia’s healthcare industry

Malaysia-based clean energy firm Solarvest Holdings Berhad has announced a strategic partnership with healthcare provider provider Asia OneHealthcare group (A1Health), to accelerate renewable energy adoption in Malaysia’s healthcare sector.

Vietnam-based EnergyTech startup SmartSolar raises $1.85M in seed funding led by Picus Capital, 2degrees

SmartSolar, an EnergyTech startup based in Vietnam, has raised $1.85 million seed funding from Picus Capital, 2degrees and Iterative.

1337 Ventures invests in Malaysian renewable energy firm Arus Oil

Malaysian venture capital firm 1337 Ventures has invested in Arus Oil, a Malaysian startup transforming waste into renewable energy.

Malaysia’s Petronas partners with Energy Institute for Asia’s energy transition

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has forged a partnership with United Kingdom-based chartered professional membership body Energy Institute (EI) for Asia's energy transition.

Solarvest partners EXAL to provide clean energy infrastructures in Sarawak

Malaysia’s clean energy solutions provider Solarvest Holdings Berhad has partnered with Australia's sustainable real estate firm EXAL Group to bring clean energy infrastructures to EXAL’s architectural developments in Sarawak.

SoftBank backs Helion $425M Series F investment to scale commercialized fusion power

Helion, a fusion energy company, has on Tuesday announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s groundbreaking fusion technology.

EVM, Solarvest and PECC2 forge strategic partnership to accelerate renewable energy adoption in Vietnam

Vietnam-based Saigon Jim Brother’s Corporation (EVM), Solarvest (Vietnam) Company Limited (Solarvest) and Power Engineering Consulting Joint Stock Company 2 (PECC2) have forged strategic partnership to accelerate renewable energy adoption in Vietnam through the new direct power purchase agreement mechanism (DPPA) via national grid.