Sustainability
Malaysia’s TNB and Siemens Energy join forces in green hydrogen advancements
Malaysian utility firm Tenaga Nasional Berhad (TNB) is partnering with global energy firm Siemens Energy to accelerate the decarbonization of its thermal power plants, utilizing green hydrogen produced from renewable energy (RE) resources.
Malaysia releases simplified ESG disclosure guide for SMEs in supply chains
Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Wednesday launched a Simplified ESG Disclosure Guide (SEDG), making Malaysia the first country globally to provide small-to-medium enterprises (SMEs) within global supply chains with a streamlined and standardized set of guidelines in relation to environment,…
UOB Malaysia launches Sustainability Accelerator Program for Malaysian SMEs
UOB Malaysia has launched the Jom Transform - Sustainability Accelerator Program (JT-SAP), which aims to empower Malaysian small and medium enterprises (SMEs) with foundational knowledge and know-how to adopt sustainable practices and accelerate their transition to a low carbon economy.
China’s LONGi invests $380M to set up solar PV manufacturing base in Malaysia
Chinese photovoltaics company LONGi Green Energy Technology Co is setting up a solar photovoltaic (PV) manufacturing facility in Malaysian with an investment of MYR 1.8 billion ($380 million).
Climate tech investment falls 40 percent amid economic uncertainty: PwC
Climate tech investments from venture-capital and private equity fell 40 percent in 2023 as economic uncertainty and geopolitical conflict dent investor confidence, according to PwC’s 2023 State of Climate Tech report, published on Tuesday.
Abu Dhabi’s Masdar to invest $8B in renewable energy projects in Malaysia
Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates (UAE)’s clean energy powerhouse plans to invest $8 billion for renewable energy projects in Malaysia. Masdar will develop up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia’s sustainable energy……
PATRIZIA and Mitsui commit $45M to Australian renewables firm YES Group
Germany-based investment manager PATRIZIA and Japan's trading an investment firm Mitsui have committed to invest up to AUD 70 million ($44.53 million) in a major solar and battery development program in Australia through the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).
Japan and India launch $588M fund to back sustainability projects
The Japan Bank for International Cooperation (JBIC) and the National Investment and Infrastructure Fund Limited (NIIFL) have on Wednesday launched a $588 million fund to to invest in sustainability projects.
Malaysia launches i-ESG Framework to tap into $12T global market on ESG-focused opportunities
The Ministry of Investment, Trade & Industry (MITI) in Malaysia has on Monday launched the National Industry Environmental, Social and Governance (ESG) Framework (i-ESG Framework) to prepare the nation’s manufacturing sector on embracing ESG principles, and for tapping into a $12-trillion global market on ESG-focused opportunities.
Sustainable Fitch: Asia’s electric vehicle ecosystem to benefit from climate goals and demand growth
Asia’s role as a hub for electric vehicle (EV) manufacturing activity will be supported by regional demand growth for low-emissions transportation, said Sustainable Fitch in a new report on Thursday.
