Blueleaf energy signs Solar PPA with Bosch Malaysia
Solar energy major Blueleaf energy (formerly known as Conergy) has announced a 20-year power purchase agreement (PPA) with Robert Bosch (Malaysia) Sdn Bhd to provide the company required technology and services for the production of clean solar energy in its warehouse facility in Penang, Malaysia. As per terms and agreements, Blueleaf energy will own the […]
Bosch completes one of Malaysia’s largest rooftop PV installations
KUALA LUMPUR: Bosch, a German technology company, recently completed one of the largest rooftop photovoltaic system installation in Malaysia on its automotive electronics plant in Penang.
Boustead, Next Generation to develop algae plantation
BOUSTEAD Holdings Bhd and Next Generation Oil Sdn Bhd (Next Gen) are jointly developing a new economic ecosystem with the use of renewable algae biofuel technology. Boustead group MD Datuk Seri Mohammed Shazalli Ramly said both companies will develop the algae plantation and produce carbon-neutral crude algae oil that will help reduce greenhouse gas emitted […]
Bring natural gas price down quickly, glove makers tell Gas Malaysia, TNB
KUALA LUMPUR: Rubber glove manufacturers have called on Gas Malaysia Bhd and Tenaga National Bhd (TNB) to revise the natural gas tariff to be in line with the international prices of liquefied natural gas (LNG) and coal. The Malaysian Rubber Glove Manufacturers Association (Margma) said it is expecting a substantial drop in natural gas price […]
BTM Resources receives approval to operate 10MW power plant
KUALA LUMPUR (July 2): Sawmill operator BTM Resources Bhd said its wholly-owned subsidiary BTM Biomass Products Sdn Bhd has obtained approval from the Sustainable Energy Development Authority (SEDA) to build and operate a renewable energy electrical power plant.
Budget 2019: Household electricity bill subsidy increased
KUALA LUMPUR, Nov 2 ― The government will increase household electricity bill subsidy from RM20 and below to RM40 and below, said Finance Minister Lim Guan Eng. However, he said in line with the government’s intention to implement targeted subsidies, the channeling of the subsidy would be dedicated to the poor and hardcore poor registered with […]
Budget 2020: Green tax exemptions extended to 2023
PETALING JAYA: Malaysia’s renewable energy policies got a further boost in Budget 2020 with the Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE) receiving an extension to year 2023. Finance Minister Lim Guan Eng announced the green tax measures to help the nation achieve its target of 20% renewable energy mix by […]
Budget 2020: Putrajaya to replace PPA mechanism with open market system
KUALA LUMPUR, Oct 11 — The federal government will replace the Power Purchase Agreement (PPA) mechanism to an open market system. In tabling the Supply Bill (Budget) 2020 in Parliament today, Finance Minister Lim Guan Eng said this would enable renewable energy suppliers to compete directly in the retail market. “As part of the liberalisation […]
Budget 2021 committed to advancing green economy agenda’
BANGI: The 2021 Budget reflects the government’s commitment to spurring the green economy agenda amidst the Covid 19 pandemic, said the Malaysian Green Technology and Climate Change Centre (MGTC).
Budget 2023: Electricity tariffs to be maintained for domestic use, SMEs
Electricity tariffs will be maintained for domestic users and SMEs, says Prime Minister Datuk Seri Anwar Ibrahim. When tabling the revised Budget 2023 on Friday (Feb 24), he also said that tariffs for big companies – except those in the food and agriculture sectors – would be increased.