Sustainability

In line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Initiative, the government of Malaysia has agreed to establish Energy Exchange Malaysia (ENEGEM) for cross-border green electricity sales to neighboring countries.

Bain & Company, GenZero, Standard Chartered and Temasek have in their recent report highlighted top 13 decarbonization investment ideas in Southeast East Asia which present $150 billion green economy market opportunities.

British International Investment (BII), the United Kingdom's development finance institution and impact investor, and FMO, the Dutch entrepreneurial development bank, have on Monday announced a joint loan commitment of $50 million to BECIS, a leading energy-as-a-service (EaaS) provider in South-East Asia.

Malaysia-based Bandar Utama City Centre Sdn Bhd (BUCCSB), the operator of 1 Utama Shopping Centre (1 Utama), has appointed Solarvest Energy Sdn Bhd, a wholly-owned subsidiary of clean energy expert Solarvest Holdings Berhad (Solarvest), to install Malaysia’s largest on-site solar photovoltaic (PV) panels and building-integrated photovoltaic (BIPV) panels…

The Asian Development Bank (ADB) plans to launch an ASEAN Climate Finance Policy Platform, which will support Southeast Asian finance ministry leaders in advancing collective action in the battle against climate change, ADB President Masatsugu Asakawa announced Wednesday.

WasteX, a Singapore-based climate tech company operating in Indonesia and the Philippines, has secured $450,000 in funds from P4G Partnerships, an initiative that helps businesses working on climate mitigation and adaptation solutions in food, water, and energy.

Through a $200 million loan to PT Bank Shinhan Indonesia (BSI) — a corporate and retail finance bank in the country —IFC aims to boost sustainable financing while supporting the nation's climate goals, including a first of its kind blue finance component.

Malaysian lender Malayan Banking Bhd (Maybank) and clean energy firm Gentari have on Monday announced a significant step towards a more sustainable future with the signing of a memorandum of understanding (MOU) to explore collaboration in green mobility and renewable energy solutions.

Thyrve.Earth, a Singapore-based technology-enabled project developer conserving and restoring nature, has on Wednesday announced a $2.6 million investment in a round led by a prominent regional venture capital firm, Openspace. The round also attracted participation from existing investors, Capital Code, and key strategic angels.

In a significant move towards a more sustainable future, Solarvest Energy Sdn Bhd, a subsidiary of leading clean energy expert Solarvest Holdings Berhad, has been appointed by Gentari Renewables Sdn Bhd, a subsidiary of Gentari Sdn Bhd (Gentari), to install solar power systems at over 300 PETRONAS stations across Malaysia.