Energy
Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia
Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund focused on businesses advancing United Nations Sustainable Development Goal 7 (UNSDG 7).
Japan’s ENEOS to acquire Chevron fuel, lubricants businesses in APAC with a $2.17B deal
ENEOS Holdings will acquire American energy giant Chevron’s downstream fuels and lubricants businesses across several Asia-Pacific markets in a transaction valued at $2.17 billion.
Amogy CEO Seonghoon Woo on the path from clean energy pilots to deployment [Q&A]
In this interview, Amogy CEO Seonghoon Woo examines how ammonia-based energy systems could move from technical validation to commercial deployment across distributed power, maritime, and industrial use cases.
TotalEnergies reaches financial close, starts construction of 30 MWac solar project in Malaysia
TotalEnergies, together with MK Land Holdings Berhad, a diversified group in Malaysia, has announced the financial close for its 30 MWac (approx. 50 MWp) solar power plant located in Kulim, Kedah.
ADB to mobilize $50B to accelerate regional connectivity projects
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.
ADB launches $70B push to connect Asia’s power grids, digital networks
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.
RHB, Petronas team up for sustainable vendor financing for energy transition
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…
Singapore conducts study on feasibility of deploying geothermal energy systems
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.
Renewables lead Malaysia energy transition as solar sector eyes recovery on policy catalysts – analysts
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.
Malaysian tech firms partly shielded from energy cost volatility – Kenanga
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.
