Malaysia

Hydropower Plant

MHI Inks MoU With TNB Genco on Clean Energy Technologies to Drive Decarbonization in Malaysia

Mitsubishi Heavy Industries, Ltd. (MHI) and Malaysia's largest power producer, TNB Power Generation Sdn. Bhd. (TNB Genco), signed a Memorandum of Understand…

Renewable Energy

Clean Energy Spending Grows, but Big Investments Continue in Coal and Other Fossil Fuels

The International Energy Agency (IEA) expects investment in clean energy technologies, including renewable power, nuclear, grids, storage, low-emission fuels, e…

Biofuel

Demand for advanced biofuels is anticipated to increase and reach US$ 43,197.3 million by 2033

The global advanced biofuels market is anticipated to generate revenues of US$ 19,282.5 million in 2023. Demand for advanced biofuels is anticipated to increase…

Energy Transition

Bloomberg Philanthropies and Irena in COP28 Partnership for Global Energy Transition Push

Collaboration will galvanise climate action by increasing clean-energy developmentDr Sultan Al Jaber, President-designate of Cop28, Francesco La Camera, directo…

Floating Solar

Long Popular in Asia, Floating Solar Catches on in US

The sun rises over floating solar panels on May 3, 2023, in Selangor, Malaysia. Floating solar panel farms are beginning to boom in the United States after rapi…

Service Operation Vessel

Petronas Takes Three Velesto Jack-up Rigs for Drilling Ops off Malaysia

Malaysian rig owner Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs for operations in Malaysi…

Energy Investment

A Minimum $200B Energy Investment Key Want in Southeast Asia

It has been brought to light that Southeast Asia will at a minimum need $200 billion worth of investment in the energy sector by the end of this decade in order…

LNG

Petrochina Signs LNG Deal With Malaysia’s Petronas

PetroChina International said it has signed a sales and purchase agreement with Malaysia's Petronas to buy liquefied natural gas (LNG).The deal, signed on A…

LNG

The FLNG Market to Recover With a $35BN EPC Contract Value

The Prelude floating liquefaction natural gas (FLNG) unit's final investment decision (FID), announced by Shell in May 2011, was intended to mark the beginn…

Carbon Emissions

Scale-up of Clean Energy Funding in Southeast Asia Needed to Meet Climate Goals: Report

Greater transparency around the financial performance of renewables, strong regulation and risk management are key to boosting clean energy funding.These were t…

Solar Power Plant

Solar PV Power Secures Funding for 10MW Project in Malaysia

The project is expected to start operations in the second quarter of 2023.Jetama Energy and Symbior Solar’s joint venture, Solar PV Power (SPP), has reach…

Hydropower Plant

Pasdec Holdings Berhad Sells Interest in Company Developing 5 MW Hydropower Project

Pasdec Holdings Berhad in Malaysia announced it has reached a share purchase agreement to dispose of its entire equity interest in Pasdec Mega Sdn. Bhd., which …

Hydrogen Production

Renewables Are the Solution to Malaysia’s Sustainable Future and Renewed Climate Ambition

New report confirms Malaysia’s ability to meet its net zero goal with increased use of local and affordable renewables. According to the report’s fi…

Rooftop PV System

Samaiden Posts 36% Gain in Revenue to RM40 Million in 2Q

Various government initiatives, electricity tariff hike, Corporate Green Power Programme and sustainability adoption supportive of RE industry outlookPETALING J…

Oil & Gas Trade

Petronas Divests Entire Interest in Engen

Petronas has reached an agreement to sell its entire 74 percent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators and p…