G Capital to raise up to RM113 million to part-finance its Perak power plants
G Capital Bhd is planning to undertake a rights issue to raise up to RM112.88 million to part-finance its 20MW mini-hydropower plant projects in Perak.
Malaysia’s Proton Plans for Comprehensive New Energy Vehicle Solutions
Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku Zafrul Aziz to Zeekr Intelligent Factory in Hangzhou Bay, Ningbo, China.
M’sia has 15yrs of petroleum reserves left, can last up to 40 with right tech, investment
KUALA LUMPUR: Malaysia’s petroleum reserves for oil and gas resources are projected to last for only 15 years, according to the Reserves Life Index calculation.
Malaysia among hotbeds for upstream M&A in Southeast Asia, Rystad says
KUALA LUMPUR (March 28): Malaysia is among the hotbeds for upstream mergers and acquisitions (M&A) in Southeast Asia over the next two years, according to Oslo-based Rystad Energy. In a statement on Monday (March 27), the firm said the bulk of these US$5 billion (RM22 billion) opportunities in Southeast Asia are in Indonesia, where upwards […]
Cambodia seeks Malaysia’s support in electricity export project
Prime Minister Hun Sen yesterday urged Malaysian Prime Minister Datuk Seri Anwar Ibrahim for provision of support in the implementation of a privately-invested project for exporting renewable energy from Cambodia to Singapore as the former would need to install electrical cables under Malaysia’s seabed before they are directly connected to the latter.
GDS partners with TNB to foster digital economy and sustainable development in Malaysia
HONG KONG, March 27, 2023 /PRNewswire/ — On 21 March 2023, GDS, a leading developer and operator of high-performance data centers, announced that it will extend and deepen its strategic partnership with Tenaga Nasional Berhad (TNB), the largest electricity utility in Malaysia and a leading utility company in Asia.
Cyberview, Worldwide Holdings to explore floating solar power plant in Cyberjaya
KUALA LUMPUR: Cyberview Sdn Bhd has signed a memorandum of understanding with a consortium led by Worldwide Holdings Bhd, a leader in environmental management services, to explore opportunities in promoting new and renewable energy in Cyberjaya. Cyberview Malaysia acting managing director Hafiz Ibrahim, in a statement, said the collaboration will explore the development of a […]
Malaysia’s national grid can take on more RE, says Irena chief
KUALA LUMPUR (March 26): Malaysia’s national power grid has the capacity to take on more energy from renewable energy (RE) sources up until 2030 without affecting grid stability, said International Renewable Energy Agency (Irena) director-general Francesco La Camera.
Malaysia’s Petronas hopes to extend LNG contracts with Japan – executive
Malaysia’s state oil and gas firm Petroliam Nasional Berhad PETR.UL, known as Petronas, wants to extend its long-term contracts with Japanese customers to supply liquefied natural gas (LNG), a company executive said on Friday.
Sarawak to focus on renewable energy
KUCHING: Sarawak is prioritising the development of renewable energy sources such as solar, wind and hydroelectric power to achieve a net-zero emissions future for the state, says its deputy premier Awang Tengah Ali Hasan.