Energy
Solar and EV dominate Southeast Asia’s $1.8B energy transition funding
Southeast Asia’s energy transition is being shaped by a strong tilt towards solar power and electric vehicles (EVs), which together captured nearly 90 percent of the region’s funding, highlighting both momentum and structural gaps in the ecosystem, according to a report by Tracxn.
Skye Renewables Energy raises $15M funding from responsAbility for SEA expansion
Skye Renewables Energy Pte Ltd, a solar energy developer based in Singapore, has secured $15 million funding from responsAbility Investments AG.
Endowus and CIP collaborate to expand access to institutional-grade renewable energy investments
Endowus, the Singapore-based wealth advisory and investment platform, has on Tuesday announced a collaboration with Copenhagen Infrastructure Partners (CIP), a Denmark-based renewable energy infrastructure investments platform, to expand access to institutional-grade renewable energy investments.
Danantara Indonesia sets up integrated waste management firm for waste-to-energy projects
Danantara Indonesia has announced the establishment of PT Daya Energi Bersih Nusantara (PT Denera), an integrated waste management company designed to serve as the holding entity for all Waste-to-Energy (WtE) or Pengolahan Sampah menjadi Energi Listrik (PSEL) project implementation across the country.
ADB launches $25M fund to accelerate progress on ASEAN Power Grid
The Asian Development Bank (ADB) has launched a $25 million multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN) — the first such fund in the region.
Oiltek partners BioSeaga to build $350M Sustainable Aviation Fuel production facility in Malaysia
Singapore-based technology and renewable energy solutions provider Oiltek International Limited has teamed up with Brunei-based renewable fuel and food security company BioSeaga Group to co-develop a $350 million Sustainable Aviation Fuel (SAF) production facility with a planned capacity of approximately 300 tons per day, to be located in Sabah, Malaysia.
Malaysia studies nuclear power as complementary energy source
Malaysia is assessing nuclear energy as part of its future power mix, with Science, Technology and Innovation Minister Chang Lih Kang saying the government is taking a cautious, evidence-based approach as demand for electricity rises and the country shifts towards lower-carbon sources.
APAC’s crisis response positions renewables at the core of energy security – BMI
The Strait of Hormuz disruption has prompted Asia-Pacific power systems to prioritize energy security, boosting coal and nuclear generation in the short term while accelerating structural investment in renewables and storage, BMI Country Risk and Industry Research said last Thursday.
Kenanga expects Malaysia’s utility-scale solar activity to gradually pick up in the second quarter on lower costs
Kenanga Research expects Malaysia's utility-scale solar activity to gradually pick up in the second quarter, supported by moderating solar module prices.
IFC backs Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia with $125M
The World Bank Group’s private-sector arm, the International Finance Corporation (IFC), is partnering with OCI TerraSus Sdn. Bhd., a subsidiary of South Korea’s OCI Holdings, to build Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia, backed by $125 million in IFC funding.
