Energy
Danantara Indonesia sets up integrated waste management firm for waste-to-energy projects
Danantara Indonesia has announced the establishment of PT Daya Energi Bersih Nusantara (PT Denera), an integrated waste management company designed to serve as the holding entity for all Waste-to-Energy (WtE) or Pengolahan Sampah menjadi Energi Listrik (PSEL) project implementation across the country.
ADB launches $25M fund to accelerate progress on ASEAN Power Grid
The Asian Development Bank (ADB) has launched a $25 million multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN) — the first such fund in the region.
Oiltek partners BioSeaga to build $350M Sustainable Aviation Fuel production facility in Malaysia
Singapore-based technology and renewable energy solutions provider Oiltek International Limited has teamed up with Brunei-based renewable fuel and food security company BioSeaga Group to co-develop a $350 million Sustainable Aviation Fuel (SAF) production facility with a planned capacity of approximately 300 tons per day, to be located in Sabah, Malaysia.
Malaysia studies nuclear power as complementary energy source
Malaysia is assessing nuclear energy as part of its future power mix, with Science, Technology and Innovation Minister Chang Lih Kang saying the government is taking a cautious, evidence-based approach as demand for electricity rises and the country shifts towards lower-carbon sources.
APAC’s crisis response positions renewables at the core of energy security – BMI
The Strait of Hormuz disruption has prompted Asia-Pacific power systems to prioritize energy security, boosting coal and nuclear generation in the short term while accelerating structural investment in renewables and storage, BMI Country Risk and Industry Research said last Thursday.
Kenanga expects Malaysia’s utility-scale solar activity to gradually pick up in the second quarter on lower costs
Kenanga Research expects Malaysia's utility-scale solar activity to gradually pick up in the second quarter, supported by moderating solar module prices.
IFC backs Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia with $125M
The World Bank Group’s private-sector arm, the International Finance Corporation (IFC), is partnering with OCI TerraSus Sdn. Bhd., a subsidiary of South Korea’s OCI Holdings, to build Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia, backed by $125 million in IFC funding.
KWAP to commit $47M in Malaysia’s Lestari Cooling Energy
Malaysia’s national public sector pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is expected to commit up to MYR 190 million ($47.38 million) of capital in Lestari Cooling Energy Sdn. Bhd.
EU to invest €560M in Vietnam, focus on green transport, energy
The European Union will invest €560 million ($649 million) in sustainable transport and clean energy, in order to support economic growth, job creation, and pollution reduction.
Indonesia sovereign wealth fund Danantara opens waste-to-energy partner registration
PT Danantara Investment Management (DIM), a sovereign wealth fund of Indonesia, has opened registration for companies seeking to become prospective investment partners in Indonesia’s Waste-to-Energy (WtE) infrastructure program.
