Sustainability

UEM partners local, foreign investors to develop hybrid solar photovoltaic power plant in Malaysia

UEM Group Berhad, the wholly-owned subsidiary of Malaysian sovereign wealth fund Khazanah Nasional Berhad (Khazanah), has inked Memorandums of Understanding (MoUs) with local and foreign investors to develop a one gigawatt (GW) hybrid solar photovoltaic (PV) power plant integrated with a Renewable Energy (RE) Industrial Park in Malaysia.

Malaysia government, GLICs to invest $211M to support startups, technopreneurs

Malaysia ranked 20th in the world based on the report of The Global Startup Ecosystem 2023, valuing the Malaysian start-up ecosystem at $46 billion for the first half of 2020 to 2022.

Alibaba Cloud sees increase in demand from various industries in Malaysia market, says VP [Q&A]

In the interview, Alibaba Cloud Vice President and General Manager of Enterprise Service Cloud William Xiong also shared about how digitization can help carbon neutralisation, insights on the latest development and technology for carbon management, Alibaba’s own approach to carbon reduction, among others.

Singapore’s Zuno Carbon raises $2.5M in seed funding led by Wavemaker Partners

Singapore-based climate tech startup Zuno Carbon has secured $2.5 million in seed funding, led by Wavemaker Partners, a venture capital firm investing in enterprise, deep tech, and sustainability startups in Southeast Asia.

Malaysian clean energy firm Solarvest embarks strategic initiatives to expand into Singapore and Brunei

Malaysian clean energy expert Solarvest Holdings Berhad is embarking on strategic initiatives to expand its geographical reach into the Singapore and Brunei markets to capitalize on the growing demand for sustainable energy solutions.

INA and BII announce partnership to foster green investments in Indonesia

Indonesia Investment Authority (INA), the sovereign wealth fund of Indonesia, and British International Investment (BII), the United Kingdom’s development finance institution (DFI) and impact investor, have on Tuesday announced a strategic partnership aimed at fostering sustainable economic development and cooperation, especially in green sectors.

Malaysia’s Gentari appoints Navjit Gill as India’s Country Head

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has appointed energy industry veteran Navjit Gill as its new Country Head for India, effective July 10 2023. As Country Head of Gentari India, Navjit will lead the team in growing all three core pillars, fortifying its presence not only in commercial & industrial sectors by 2025 but…

Singapore’s Hydroleap raises $4.4M in Series A funding led by Real Tech to enter new APAC markets

Hydroleap, the next-generation green wastewater technology company headquartered in Singapore, has on Tuesday announced it has raised $4.4 million in Series A funding. The funding round was led by Japanese Venture Capital firm Real Tech Holdings, and joined by a mix of new and existing corporateinvestors such as Mitsubishi Electric, Seeds Capital, Wavemaker…

AC Ventures, BCG see potential value of up to $400B for green growth economy in Indonesia

The value of Indonesia’s green growth opportunity is at $400 billion, combining industry revenue and carbon offset potential, said AC Ventures (ACV) and Boston Consulting Group (BCG) on Thursday. The green growth in Indonesia involves three key focus areas – strategy and professional services (a $46 billion potential market by 2030), solutions that optimize…