Sustainability
Malaysian bourse commences carbon credits trading
Malaysian bourse Bursa Malaysia Berhad announced on Tuesday that its subsidiary Bursa Carbon Exchange (BCX) had commenced trading and facilitation of off-market transactions of carbon credits. By the close of its second day of trading, ten companies from various industries transacted a total of 16,500 Verra-registered carbon credits.
Indonesia launches carbon exchange to reduce carbon emissions in the country
Indonesian government has on Tuesday launched its the country's first carbon exchange IDXCarbon, to reduce Indonesia’s carbon emissions and drive Indonesia’s transition to reach net zero emissions by 2060. ACX (AirCarbon Exchange) which is operating its proprietary regulated environmental asset trading platform, is the technology provider the Indonesia’s…
Malaysia’s Samaiden partners MBGB to advance clean energy initiatives in APAC region
Samaiden Group Berhad, a Malaysia-based renewable energy firm, has inked a strategic partnership with investment firm Meta Bright Group Berhad (MBGB) to advance clean energy initiatives in Asia Pacific (APAC) region. This collaboration aims to expand business opportunities and accelerate the growth of renewable energy solutions, particularly for the mining…
Malaysia’s Solarvest secures 11 solar photovoltaic projects in Vietnam
Malaysian clean energy firm Solarvest Holdings Berhad has successfully secured a total of 11 rooftop solar photovoltaic (PV) installation projects in Vietnam, with a combined capacity of 12.8 megawattpeak (MWp).
HSBC provides $1B financing to support early-stage climate tech companies
HSBC has on Wednesday announced that it plans to make available $1 billion of financing to early-stage climate tech companies around the world. The financing is expected to support start-ups to create a range of new solutions, including electric vehicle (EV) charging, battery storage, sustainable food and agriculture, and carbon removal technologies.
Siemens and Progressture Solar team up to drive Malaysia’s green energy transition
German multinational technology firm Siemens, and Malaysia-based clean energy provider Progressture Power Sdn Bhd (Progressture Solar) have joined forces in a groundbreaking partnership to drive Malaysia's green energy transition agenda forward through digitization technologies.
Indonesian sustainable farming, supply chain traceability startup Koltiva raises series A financing led by AC Ventures
Indonesia-based sustainable farming and supply chain traceability startup Koltiva has announced a seven-figure series A financing round led by top-tier, early-stage venture capital firm AC Ventures. The round also saw participation from Silverstrand Capital, Planet Rise, Development Finance Asia, and Blue 7, with existing investor The Meloy Fund, a…
Twin Towers Ventures, Gobi Partners sign MoU to catalyze sustainable innovation in Asia Pacific Region
Petronas Ventures investment arm Twin Towers Ventures (TTV) and Asia-focused venture capital firm Gobi Partners have partnered for resources, proficiency and networks to invest in the ecosystem of sustainable innovation within Southeast Asia (SEA) and the Greater Bay Area (GBA) in China.
Sunview partners UOB Malaysia to help Malaysian businesses and consumers adopt renewable energy
Malaysian sustainable energy solutions provider Sunview Group Berhad, has partnered lender UOB Malaysia to provide installation and management services of solar power systems for local businesses and consumers. Its wholly-owned subsidiary Fabulous Sunview Sdn Bhd has signed the agreement with UOB Malaysia for the partnership.
