Sustainability

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.

Malaysia’s Gentari rebrands WIRSOL Energy to officially commence operations in Australia

Malaysia-based clean energy solutions company Gentari has officially rebranded leading renewable energy solutions provider WIRSOL Energy on Tuesday, following the completion of its full acquisition in February 2023. With the rebranding, WIRSOL Energy will now be known as Gentari Solar Australia.

SGX partners BlackRock to launch $426M climate action fund for Asia

Singapore exchange (SGX Group) has partnered American multinational investment company BlackRock to launch $426 million climate action fund for Asia.

Petronas, Gentari, Amazon and AWS team up to accelerate clean energy growth

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), clean energy solutions firm Gentari Sdn Bhd, American multinational technology company Amazon and Amazon Web Services (AWS) said Wednesday that they will collaborate in an effort to intensify their sustainability and decarbonization initiatives in the accelerated global energy…

DFC selects Wavemaker Impact as first climate-tech fund investment in Southeast Asia

The United States International Development Finance Corporation (DFC) has committed to investing $15 million in Wavemaker Impact, a climate-tech venture capital fund based in Singapore that covers Southeast Asia.