Solarvest Holdings Bhd has launched Malaysia’s first renewable energy (RE) financial technology platform, Powervest. The company said Powervest was complementary to its solar financing solution and was established to promote RE adoption among commercial and industrial players via its zero initial cash outlay proposition.

Malaysia and Singapore have substantively concluded a framework of cooperation in the digital economy and green economy. Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the agreed areas of cooperation in the green economy were in line with the 12th Malaysia Plan’s goal.

Malaysia’s LNG giant Petronas will supply natural gas to Sarawak Petchem (SPSB) and Sarawak Energy (SEB) from 2023, with the development of an LNG complex in Tanjung Kidurong.

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.

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.

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.

Malaysian utility Tenaga Nasional Bhd (TNB) (TENA.KL) said on Wednesday it was aiming for capital expenditure of about 20 billion ringgit ($4.48 billion) annually till 2050 to fast track its energy transition plans.

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 […]

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.

The Petronas Vendor Financing Programme (VFP) continues to make positive impact on the industry with more than 260 applications and RM1.6 billion worth of funding approved as of July 2022.