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.

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

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.

Bursa Malaysia will launch a voluntary carbon market (VCM) by year end, with the aim of increasing transparency and enabling companies to buy carbon credits to offset their emissions.

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

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.

MALAYSIA’S Energy Policy 2021-2040 — which is slated to launch later this month — is expected to boost the country’s investment flows to advance its sustainable development goals.

Tenaga Nasional Bhd (TNB) said the probe on massive power outages affecting several states in Peninsular Malaysia is expected to be completed within a month.

Yinson GreenTech (YGT), the green technologies division of Yinson Holdings Berhad, through its joint venture company Green EV Charge Sdn Bhd has signed a memorandum of understanding (MOU) with GoCar Mobility Sdn Bhd (GoCar) to provide charging infrastructure facilities and solutions, along with customer care services to GoCar users.

The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy, according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed.