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The business case for net zero in Malaysia — Malaysia Green Building Confederation

OCTOBER 29 — This letter is in response to Malay Mail’s article, dated 18 September 2018, titled “Putrajaya says no to nuclear energy, but keen on coal from East Malaysia“. While it is most admirable that nuclear energy is not being considered anymore in Malaysia, going for conventional energy sources, such as coal, is not […]

The Philippines: A Good Time to Expand the Infrastructure Push

Structural economic reforms, along with sound macroeconomic policies, helped the Philippine economy to grow, on average, by 6.3 percent annually over the last decade. But sustaining and sharing the benefits of this growth among its citizens will require policymakers to focus their attention on issues such as costly geographical barriers to trade, high levels of […]

The rise of green loans

GREEN financing is expected to gain further traction as investors look for financial instruments which could lead to positive social outcomes, experts observed. RAM Sustainability Sdn Bhd head of sustainability services Gladys Chua said the Malaysian green bond/sukuk market started expanding from 2017 onwards following the first green sukuk issuance by Tadau Energy Sdn Bhd for […]

The woman behind solar residential properties

Since she joined property developer Sena Development Plc 17 years ago, 2020 turned out to be one of the most memorable years for Kessara Thanyalakpark. Despite the Covid-19 pandemic, her company still managed to achieve record revenue, record pre-sales and a high net profit. She was also promoted to managing director.

This year’s geothermal investment in Indonesia lagging behind expectations

With so far $302 million of investment into geothermal development in Indonesia in 2020, this lags behind the 2020 target of US$ 1.05 billion.

Three sectors likely to see massive inflows of FDI

In 2019-20 fiscal year, the power production sector, oil and gas sector and logistics sector are likely to see a massive inflow of foreign direct investments, said U Aung Naing Oo, Permanent Secretary of the Ministry of Investment and Foreign Economic Relations. “In 2019-20 FY, the first promising sector is electricity production and power plants. […]

Three Singapore firms to invest $100m in Southeast Asian renewables projects

Projects in the Philippines, Indonesia, and Myanmar are already in the pipeline for financing. Singapore-based firms WEnergy Global, ICMG Partners, and Greenway Grid Global (GGG), an investment company with TEPCO Power Grid Inc (TEPCO-PG) as one of the major shareholders, have formed an investment entity of $60m. According to an announcement, this entity will finance […]

TNB commits to investments in energy transition

The utility giant adopts new RE technologies translating to a generating capacity of 713.2MW. TENAGA Nasional Bhd (TNB) remains committed to investing towards energy transition in line with the efforts to provide economic support to the government amid the Covid-19 pandemic.

TNB establishes renewable energy investment, asset management company in ESG push

KUALA LUMPUR (July 2): Tenaga Nasional Bhd (TNB) said its newly-established renewable energy (RE) investment and asset management company Vantage RE Ltd will own, operate and manage a portfolio of RE assets in the UK and Europe as part of the Malaysian government-controlled utility’s global environmental, social and governance (ESG) efforts.

TNB plans RM22b investment for 2022-2024 to further develop ‘grid of the future’

KUALA LUMPUR (Nov 18): Tenaga Nasional Bhd (TNB) plans to invest RM22 billion in 2022 to 2024 under the Incentive-Based Regulation (IBR) framework, subject to government approval, to continuously develop the grid of the future into a key enabler of the energy transition.