Energy

Malaysia's clean energy solutions provider Gentari has on last Wednesday marked the groundbreaking of the Maryvale solar and energy storage project, a key milestone in delivering reliable, low-carbon energy for New South Wales (NSW).

Malaysia-based solar energy firm EFS Group has joined forces with Planet QEOS and four energy partners in a landmark collaboration to deliver the MYR 2.32 billion ($550 million) Baram DeepTech Energy Program.

Swedish direct-to-consumer clean energy-tech Aira has secured €150 million ($175 million) equity financing to accelerate the electrification of residential heating in Europe.

Equatic, a global company in combined carbon dioxide removal and green hydrogen production, announced Monday the successful closure of its Series A funding round of $11.6 million.

Thorcon International, an innovative nuclear technology developer based in Singapore, has received official approval for the Kelasa site evaluation plan (PET) and the site evaluation management system plan (SMET) from nuclear regulator, BAPETEN.

To expand access to reliable energy and make clean power more affordable for industrial businesses, the International Finance Corporation (IFC) is investing THB 1.48 billion (approximately $45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (CleanMax).

Actis, a growth markets investor in sustainable infrastructure, has acquired a 100 percent stake in Barghest Building Performance (bbp), a Singapore-based energy-savings-as-a-service (ESaaS) provider for heating, ventilation and air conditioning (HVAC) systems in Asia.

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Tuesday entered into a memorandum of collaboration (MoC) with UEM Lestra Bhd, a whollyowned subsidiary of UEM Group Berhad, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).

Malaysia has approved 181.25MW renewable energy (RE) projects valued MYR 1.87 billion ($440 million) under the Feed-in Tariff (FiT) mechanism.

ResponsAbility will invest up to $15 million on behalf of its investors in August Energy, an energy-as-a-service (EaaS) infrastructure platform headquartered in Singapore with offices in Thailand, India, and the Philippines.