Lagenda Properties partners Solarvest to build sustainable affordable township in Perak
KUALA LUMPUR (Aug 25): Lagenda Properties Bhd has appointed clean energy specialist Solarvest Holdings Bhd as its solar photovoltaic (PV) system partner to build the largest sustainable affordable township in Malaysia.
Local electricity products will boost industrial sector performance
Jakarta (ANTARA) – Industry Minister Agus Gumiwang Kartasasmita has said that he believes the local product utilization policy and the rapid development of electricity infrastructure will boost the national industrial sector’s performance.
Malakoff remains a defensive stock pick
MALAKOFF Corp Bhd remains an attractive stock pick for investors due to its valuation and stable income, despite operating in a challenging utility business. Affin Hwang Investment Bank Bhd analyst Ng Chi Hoong believes the independent water and power producer’s earnings will be relatively stable as they are mostly derived from capacity payments which are not […]
Malaysia bets on large scale solar PV to revive economy
Malaysia’s Large Scale Solar (LSS) programme has entered its fourth round of auctions and according to research firm GlobalData is expected to play a significant role in restarting the country’s investment flow and post-pandemic recovery. The Ministry of Energy and Natural Resources (KeTSA) of Malaysia launched the 1GW tender program to boost the country’s economic performance.
Malaysia losing up to 25% of palm oil yield due to labour crunch: MPOA
[KUALA LUMPUR] Malaysia is losing up to 25 per cent of its potential palm oil yield due to a labour shortage that is expected to worsen in the coming months, the Malaysian Palm Oil Association (MPOA) said on Monday. The group, which represents plantation firms, said the government’s decision to freeze the recruitment of new foreign […]
Malaysia’s Petronas exports LNG in ISO tanks to China
Malaysia’s Petroliam Nasional Bhd said on Monday that it has started exports of liquefied natural gas (LNG) in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.
Meralco says retail rates down by 3% in H1
The Manila Electric Co. (Meralco), the Philippines’ largest power distribution utility, said Wednesday its average electricity retail rates in the first half of 2021 dropped by 3% on account of lower charges in generation, transmission, and system loss.
National energy policy signals industry players to participate in energy transition
The National Energy Policy 2022-2040 launched today sends a clear signal to oil and gas, services and equipment (OGSE) companies to participate in the energy transition as the government prioritises environmental sustainability.
Network of pioneering businesses for renewable energy makes debut
NDO – A network of pioneering businesses for renewable energy was announced at the Vietnam Corporate Sustainability Forum 2020 in Hanoi on December 10, in the presence of Deputy Prime Minister Vu Duc Dam.
O&G outfit Reservoir Energy proceeds with IPO despite global challenges
KUALA LUMPUR (June 9): Oil and gas (O&G) service provider Reservoir Link Energy Bhd is proceeding with its plan to be listed on Bursa Malaysia’s ACE Market despite the current turbulence in the global economy.