Techna-X to inject 100% of energy storage business into Singapore’s Chaswood for S$678.57mil
KUALA LUMPUR: Techna-X Bhd has signed a sale and purchase agreement with SGX-listed Chaswood Resources Holdings Ltd (CRHL) to inject 100 per cent of its energy storage business – HK Aerospace Beidou New Energy Technology Co Ltd (HKAB) – into CRHL for S$678.57 million (S$1=RM3.08).
Temasek CEO argues against proposed approach to tackle climate change, says more data is required
Yesterday, the CEO of Temasek Holdings Ho Ching shared an article published on Today that outlines several measures Singapore can embrace to be active in the fight against climate change. The article, written by Group Chief Executive and Co-Founder of Sindicatum Sustainable Resources, Assaad W Razzouk proposed that the government mandate temperature settings in buildings, ban single-use […]
Temasek may get ‘more aggressive’ on green goals
It pledges to become carbon neutral by year end, with eye on halving emissions of portfolio firms by 2030 LONDON • Temasek International may accelerate its climate change goals as the company puts environmental, social and governance principles at the heart of its strategies. Temasek International is the management and investment arm of Singapore investment […]
Temasek ramps up push into renewables
SINGAPORE’S Temasek Holdings is considering setting up a new unit to house renewable power projects as it increasingly eyes energy investments outside of fossil fuels. While the S$313 billion state investor remains open to looking at coal and oil deals, the rising volatility of commodity prices combined with society’s shift toward sustainability means it’s not […]
Temasek-EQT joint venture to launch India green energy platform
MUMBAI: Singapore’s Temasek is teaming up with Swedish private equity group EQT to launch a new renewable energy platform for India that will build wind and solar farms ground up and acquire assets to bulk up. A group of four senior executives from ReNew Power, led by Chief Executive Officer Parag Sharma, is leaving their current […]
Temasek’s focus will be climate change, says Ho Ching’s successor Dilhan Pillay
SINGAPORE – Incoming Temasek chief executive Dilhan Pillay Sandrasegara said the state investor’s focus and biggest consideration is climate change.
Temasek’s Pavilion Energy imports Singapore’s first carbon-neutral LNG cargo
SINGAPORE – Temasek unit Pavilion Energy has imported Singapore’s first carbon-neutral liquefied natural gas (LNG) cargo, the company announced on Thursday (April 15). Carbon emissions associated with the cargo from well to tank, including extraction and transportation, will be offset by carbon credits sourced from Pavilion Energy’s portfolio of carbon offset projects. An average LNG […]
Temporary electricity contracts scheme extended until May amid rising global gas prices
A scheme that offers one-month fixed price electricity plans to large consumers has been further extended through May, as global gas prices continue to rise to record levels amid unprecedented volatility in the electricity market.
Tengeh Reservoir to house one of world’s largest floating solar panel systems
SINGAPORE – One of the world’s largest single floating solar photovoltaic (PV) systems might soon find a home in the waters of Singapore’s Tengeh Reservoir. In a bid to reduce its carbon footprint, national water agency PUB will from Friday (June 7) seek proposals from companies to design, build, own and run the nation’s first large-scale floating system […]
Terrenus Energy and Facebook sign deal for 19MW of S’pore solar project
Terrenus Energy and Facebook have signed an agreement for 19 megawatts (MW) of new renewable energy from a solar farm being developed at Changi Business Park. This innovative project will help maximise the use of land by deploying portable solar panels and a first-of-its-kind mobile substation. This Virtual Power Purchase Agreement (vPPA) will help Facebook […]