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Mattan Engineering launches RM285m solar power plant

MATTAN Engineering Sdn Bhd has launched its RM285 million large-scale solar 50MWac photovoltaic (PV) generation facility in Rembau, Negri Sembilan. The project, which was completed in January this year, has a 21-year power purchase agreement with Tenaga Nasional Bhd. The renewable energy (RE)-based facility’s construction cost was partially financed by Malaysia Building Society Bhd. “We […]

Solarvest IPO oversubscribed by 35 times

KUALA LUMPUR: Solarvest Holdings Bhd said today its initial public offering’s (IPO) Malaysian public portion was oversubscribed by about 35 times after 10,205 applications for 708.32 million new shares were received for the 19.53 million new shares allocated. Solar-photovoltaic specialist Solarvest’s IPO for its Bursa Malaysia ACE Market listing involves a public issue of 98.83 […]

ADB Secures GCF Funding for Innovative Climate Finance Fund in Shandong, PRC

MANILA, PHILIPPINES: The Green Climate Fund (GCF) today approved $100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that will showcase new ways to mobilize private, institutional, and commercial financing for climate change mitigation and adaptation. This is the first GCF funding for […]

Plus Solar is one of the top nominees for EY’s 2019 Entrepreneur of the Year Award

In Plus Solar, we believe in powering sustainable growth. Recently, our co-founders Ko Chuan Zhen, Ryan Oh Zhi Kang and Poh Tyng Huei were selected as one of the top nominees for EY’s “Entrepreneur of the Year-2019 Malaysia’s Top Nominees” for the category of “Emerging Entrepreneur”. Not only was this recognition acknowledged by Plus Solar, […]

Prime minister inaugurates 7 power plants

As  of Wednesday, Bangladesh’s electricity generation capacity reached a total of 22,562MW Prime Minister Sheikh Hasina has inaugurated seven new power plants, which added 790MW of electricity to the national grid. She launched the newly-constructed power plants through a video conference, from her official residence Ganobhaban on Wednesday. The seven power plants are: Anwara 300MW […]