Sustainability
Malaysia’s Gentari appoints Solarvest to install solar power systems at over 300 Petronas stations across Malaysia
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.
East Ventures, Temasek Foundation launches second Indonesia’s climate tech innovations competition
East Ventures, a Southeast Asian sector-agnostic venture capital firm, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, have on Monday announced the second edition of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations…
JC3 works on specific action plans to support economy transition in Malaysia
The Joint Committee on Climate Change (JC3), the platform established in 2019 to pursue collaborative actions for building climate resilience within the Malaysian financial sector, will continue to work with the government, the financial industry and its partners on specific action plans to support a just and orderly transition of the economy.
China’s GDS inks renewable energy agreement with Malaysia’s Cenergi
GDS, a China-based developer and operator of high-performance data centers, has reinforced its commitment to sustainability by establishing a 21-year renewable energy virtual power purchase agreement (VPPA) with Malaysia’s solar power producer and diversified renewable energy developer, Cenergi SEA Berhad (Cenergi).
India’s InSolare Energy raises $8M to enhance renewable energy business
InSolare Energy, an India-based renewables engineering, procurement and construction (EPC) company dedicated to customer-centric and technology-driven solutions, has raised Rs 660 million (approximately $8 million) in a growth funding round.
Malaysia’s Gentari partners SEDC Energy to develop centralized hydrogen production hub in Sarawak
Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari), through its subsidiary Gentari Hydrogen Sdn Bhd, has signed a heads of agreement (HOA) with SEDC Energy Sdn Bhd (SEDCE), a subsidiary of the Sarawak Economic Development Corporation, for the joint development of a centralized hydrogen production hub in Sarawak’s Bintulu, to be known as the…
India’s Varaha raises $8.7M in Series A funding round led by RTP Global
Varaha, an India-based full-stack climate-tech company that specializes in generating carbon credits from nature, has on Thursday announced it has raised $ 8.7 million. The Series A funding round is led by RTP Global with contributions from Omnivore and Orios – both returning investors – and marks the inaugural investment by Norinchukin Bank, one of Japan's…
Malaysia’s TNB to develop hybrid hydro-floating solar photovoltaic projects
Malaysian utility firm Tenaga Nasional Berhad (TNB) is planning to build hybrid hydro-floating solar (HHFS) Photovoltaic (PV) projects under National Energy Transition Roadmap (NETR) at its hydro dam reservoirs.
South Korea’s InnoCSR secures new investment from ADB Ventures, Garden Impact Fund, and Clarion Newlife Capital
South Korea's green energy firm InnoCSR has secured a substantial investment for its technology, Good Bricks System, through a successful Series A funding round. This new investment comes from ADB Ventures, along with support from Singapore-based Garden Impact Fund and Clarion Newlife Capital.
IFC invests in Tajikistan’s first green bond to support climate-smart projects
The International Finance Corporation (IFC) has announced a subscription of up to $10 million in a landmark local currency green bond issued by Tajikistan's Eskhata Bank—the first in the country — to boost access to climate finance for smaller businesses amid a challenging macro-economic environment.
