Malaysian power infrastructure provider Pestech International Bhd has acquired a 94 per cent stake in Green Sustainable Ventures (Cambodia) Co Ltd (GSV), financial news publication The Edge Malaysia reported on Wednesday. In a filing to Bursa Malaysia on Wednesday, the group said its unit Astoria Solar Farm Sdn Bhd (ASF) will purchase the stake from […]
Panasonic’s India arm eyes Rs 500 cr revenue from solar business in 3-4 years
Japan-based Panasonic Corporation’s Indian subsidiary Panasonic Life Solutions is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading rooftop EPC player. Panasonic Life Solutions India, earlier known as Anchor Electricals, is also looking to expand its electric vehicle charging offerings across the country. […]
MINISTER: MALAYSIA SET TO MAXIMISE GREEN INDUSTRY, RENEWABLE ENERGY POTENTIAL IN 2020
The commitment was spelt out by Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin. ― Picture by Miera Zulyana KUALA LUMPUR: Malaysia is set to maximize the potential of its green industry and renewable energy sector in 2020 to attain its objective of becoming South-east Asia’s green technology hub in the near […]
REQUEST FOR PROPOSAL (RFP) FOR THE DEVELOPMENT OF LARGE SCALE SOLAR PHOTOVOLTAIC (LSSPV) PLANTS IN PENINSULAR MALAYSIA FOR COMMERCIAL OPERATION IN 2021
REQUEST FOR PROPOSAL (RFP) FOR THE DEVELOPMENT OF LARGE SCALE SOLAR PHOTOVOLTAIC (LSSPV) PLANTS IN PENINSULAR MALAYSIA FOR COMMERCIAL OPERATION IN 2021 For more information please see below link:
RPT-Cheaper solar power gains ground in southeast Asia
Southeast Asia is accelerating plans to harness energy from the sun in coming years as the cost of generating electricity from some solar power projects has become more affordable than gas-fired plants, officials and analysts said. The region, where power demand is expected to double by 2040, is striving to expand the share of renewable […]
AS CHEAPER SOLAR POWER GAINS GROUND IN SE ASIA, MALAYSIA PLANS SECOND 500 MW TENDER IN Q2 2020
Yeo said at the Singapore International Energy Week that ‘for the first time in the history of Malaysia, we have a large-scale solar energy cost that is less than gas.’ SINGAPORE: South-east Asia is accelerating plans to harness energy from the sun in coming years as the cost of generating electricity from some solar power […]
Malaysia’s Petronas sets up $350-mn venture capital fund
The newly-launched Petronas Corporate Venture Capital will look to invest in startups in advanced materials, specialty chemicals as well as those involved in the future of energy, Petronas said KUALA LUMPUR: Malaysia’s state energy firm Petronas said on Friday it had set up a $350 million venture capital arm for industrial and energy investments. The […]
OCBC partners Edra Solar in Malaysia’s first ASEAN sustainability SRI Sukuk
KUALA LUMPUR: OCBC Al-Amin Bank Bhd and Edra Solar Sdn Bhd have created a new benchmark in the Sukuk market by successfully pricing Malaysia’s first ASEAN Sustainable and Responsible Investment (SRI) Sukuk of RM245 million on Sept 30, 2019. OCBC Bank in a statement today said the partnership with Edra Solar as the Sukuk Sustainability […]
ADB, Infrastructure Asia Sign Agreement to Promote Innovative and Green Finance for Sustainable Infrastructure in Southeast Asia
SINGAPORE: The Asian Development Bank (ADB) and Singapore’s Infrastructure Asia today signed a cooperation agreement to help governments in Southeast Asia adopt innovative and green finance approaches to identify and develop bankable and sustainable infrastructure projects in the region, where the annual infrastructure investment needs total $210 billion until 2030. The agreement was signed during […]
Amplus Energy to invest Rs 500 cr for 100MW solar project in UP
Amplus Energy Solutions has announced an investment of Rs 500 crore for its second open access solar project of 100MW in district Deoria of Uttar Pradesh. The ground-breaking ceremony by the state government this month will kick-off this project, the company said in a statement. Prior to this, Amplus had committed investment of Rs 250 […]