Bank Islam aims to boost green financing by RM800m
BANK Islam Malaysia Bhd aims to expand its green financing book by another RM800 million this year, as the country’s largest Islamic bank is set to increase the segment’s revenue contribution to 20% by 2021 from 14% presently. CEO Mohd Muazzam Mohamed said the bank is ready to be at the forefront of green financing […]
Bank Islam signs strategic MoU with Sarawak Energy and SJPP
BANK Islam Malaysia Bhd recently signed a memorandum of understanding (MoU) with Sarawak Energy Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) to provide financing solutions for vendors listed under Sarawak Energy’s Vendor Financing Programme. With a total allocation of RM300 million, the programme aims at improving access to financing and liquidity for vendors with […]
Barakah Offshore teaming up with Saudi’s Vallianz, eyes Malaysia, Middle East
KUALA LUMPUR: Debt-laden oil and gas services company Barakah Offshore Petroleum Bhdimage: https://cdn.thestar.com.my/Themes/img/chart.png has entered into a memorandum of understanding (MOU) with Vallianz Holdings Ltd to form a strategic alliance for both parties’ to explore business opportunities in Malaysia and the Middle East. Vallianz is 57.67%-owned by Saudi’s Rawabi Holding Company Ltd and is listed on […]
Barakah unit secures five-year service contract from Petrofac
KUALA LUMPUR (Jan 16): Barakah Offshore Petroleum Bhd’s unit has won a five-year contract to service Petrofac (Malaysia-PM304) Ltd’s oil and gas fields offshore peninsular Malaysia. In an exchange filing today, the group said the contract, awarded to its wholly-owned subsidiary PBJV Group Sdn Bhd for the years 2018 to 2023, includes Pan Malaysian maintenance, […]
BayWa r.e. secures sale of two solar farms in Malaysia
Global renewable energy developer, service provider and distributor, BayWa r.e. has announced the successful sale of two solar farms in Malaysia to a local renewable energy-focused independent power producer, reNIKOLA Sdn Bhd.
BayWa r.e. sells 44.2 MWp of solar farms in Malaysia
January 20 (Renewables Now) – Germany’s BayWa r.e. renewable energy GmbH has finalised the sale of its first solar farms in Malaysia to Kuala Lumpur-based independent power producer (IPP) reNIKOLA Sdn Bhd.
BCPG Plc plans to develop solar panel power generation in Malaysia and Taiwan
Both countries ‘ authorities allow private power companies to create renewable energy projects, said Corporate Business Development Executive Vice President Charnvit Trangadisaikul. “After Japan, Indonesia, the Philippines and Laos, the two nations will be major overseas markets for us,” he said. In solar, wind, geothermal and hydropower ventures, BCPG manages and produces a total capacity […]
BGMC Participates in Developing and Operating Two Solar Power Plant Concession Projects via a Joint Venture
HONG KONG, Aug 29, 2019 – (ACN Newswire) – BGMC International Limited (“BGMC” or the “Company”, together with its subsidiaries, “BGMC Group” or the “Group”) (HKEX: 1693), a Malaysia-based company with subsidiaries that are mainly engaged in providing construction services and in the concession and maintenance business, has announced today that its indirect wholly-owned subsidiary, […]
BGRIM advances acquisition of stakes in Malaysia-based solar energy firm — reNIKOLA
Through its wholly-owned subsidiary B.Grimm Power (Malaysia) Sdn. Bhd., BGRIM on 10 June paid the initial portion of the subscription of newly issued ordinary shares of reNIKOLA Holdings Sdn. Bhd. The payment is part of the overall RM367-million share purchase B.Grimm Malaysia agreed to subscribe with the reNIKOLA in the accord entered on 10 November […]
Bids fall to USD 42/MWh in Malaysia’s 500-MW solar tender
September 4 (Renewables Now) – The third tender under Malaysia’s Large Scale Solar (LSS) programme attracted bids as low as MYR 0.1777 (USD 0.042/EUR 0.038) per kWh, the energy and climate change minister said Tuesday. The deadline for submissions under the request for proposals (RFP) in the 500-MW tender was August 19. The four lowest […]