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Proton inks deal to sell smart EVs in Malaysia, Thailand

Proton and smart Automobile Co Ltd (smart) has formalised a deal following the signing of a General Distributorship Agreement (GDA) today, which will see the national car maker launching the first model by the fourth quarter of 2023. Under the GDA, Proton will sell and service the smart electric vehicles (EVs) brand in Malaysia and […]

Sapura Energy to get rid of three rigs

Malaysia’s Sapura Energy Berhad has moved to dispose of three drilling rigs to NKD Maritime for an aggregate cash consideration of $8.2 million as part of its focus on long-term sustainability and improving its liquidity position.

TNB, Petronas join forces to advance Malaysia’s carbon-neutral aspirations

Tenaga Nasional Bhd (TNB) and Petronas have signed a memorandum of understanding (MoU) to strengthen collaboration in driving innovative solutions towards decarbonisation in support of Malaysia’s aspirations to be a carbon-neutral nation by 2050.

Transitioning to net-zero through energy efficiency takes precedence

Global warming, which is blamed for recent floods and rise in temperature, has become the most alarming concern affecting the world today, and requires more innovative ways and technology to minimise the surplus of carbon dioxide (CO2) in the atmosphere.

Chinese tech helps Malaysia move toward low-carbon energy

Chinese technology in gas turbine power generation plays a key role in Malaysia’s drive toward low-carbon energy, speakers said on Tuesday at the Global Gas Turbine Power Generation Summit.

New solar farm to take Malaysia closer to renewables target

A new solar farm began operations early this month, taking Malaysia another step forward in the quest to reach the target of generating at least 20% of its energy through the use of renewables by 2025.

Exclusive: Malaysia’s Tenaga plans $1 billion IPO for its power business

Malaysian electricity utility Tenaga Nasional Berhad (TENA.KL) plans to begin the process next year for a potential $1 billion listing of its power generation business, sources close to the matter told Reuters.

MITI forms Sustainable Aviation Energy Task Force to reduce carbon footprint

The Ministry of International Trade and Industry (MITI) has announced the formation of a Sustainable Aviation Energy Task Force to reduce carbon footprint in the aerospace industry.

Sabah joins world commitment on climate change

The capital city must take the lead in climate change actions for Sabah and setting an example for other cities in Malaysia.

Malaysia at 23% renewable energy installation to date, aims to hit 40% by 2035 — deputy minister

Malaysia has reached 23% installation of renewable energy (RE), and is planning to hit 40% by 2035.