Energy

The Asian Development Bank (ADB) is mobilizing $50 billion by 2035 through new financing tools, policy support, and partnerships to help countries build cross-border power grids across some of the world’s most complex regions, aiming to lower energy costs, strengthen reliability, and expand clean energy trade, ADB President Masato Kanda said on Tuesday.

The Asian Development Bank (ADB) will back $70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade, and improve broadband access across Asia and the Pacific.

Malaysian lender RHB Bank Berhad has partnered with state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) for a sustainable vendor financing program (SVFP), a key pillar under the Petronas Supplier Support Program (PSSP) aimed at strengthening the resilience, competitiveness and sustainability readiness of Malaysia’s Oil & Gas Services and…

The Energy Market Authority (EMA) has issued a request for proposal (RFP) on Tuesday for a comprehensive study to assess the feasibility of deploying geothermal energy systems in Singapore.

Malaysia’s renewable energy sector is poised for a renewed growth cycle despite near-term weakness in solar pricing, supported by upcoming large-scale projects and evolving policy frameworks, according to analysts.

While Malaysia's technology sector is structurally exposed to energy cost volatility, its earnings impact is partially mitigated by cost pass-through mechanisms, Kenanga Research said in its recent report.

Accelerating distributed generation across several Asian markets has driven a downward revision to its on-grid electricity demand forecasts, as more supportive rooftop solar policy and persistently high retail tariffs erode grid-based consumption, BMI Country Risk and Industry Research said in its recent report.

Southeast Asia’s energy transition is being shaped by a strong tilt towards solar power and electric vehicles (EVs), which together captured nearly 90 percent of the region’s funding, highlighting both momentum and structural gaps in the ecosystem, according to a report by Tracxn.

Skye Renewables Energy Pte Ltd, a solar energy developer based in Singapore, has secured $15 million funding from responsAbility Investments AG.

Endowus, the Singapore-based wealth advisory and investment platform, has on Tuesday announced a collaboration with Copenhagen Infrastructure Partners (CIP), a Denmark-based renewable energy infrastructure investments platform, to expand access to institutional-grade renewable energy investments.