Malaysia-based clean energy infrastructure developer, Solarvest Holdings Berhad, through its wholly-owned subsidiary, Atlantic Blue Sdn Bhd, has secured Brunei’s largest national solar project via a joint venture company, Seri Suria Power (B) Sdn Bhd, in partnership with Serikandi Oilfield Services Sdn Bhd and Khazanah Satu Sdn Bhd. Solarvest said in a statement on Monday that set to commence in the third quarter of 2025, the appointment permits Seri Suria Power (B) Sdn Bhd to invest,...

To address Southeast Asia’s growing energy demand and support local economies, the International Finance Corporation (IFC), a member of the World Bank Group, is providing a loan package of up to THB3,140 million (approximately $92 million) to Winchai Company Limited – a wholly-owned subsidiary of Sermsang Power Corporation Public Company Limited (SSP). IFC said in a statement on Thursday that the financing package will support the development and operation of renewable energy...

Malaysia-based Yinson GreenTech and RMS Marine & Offshore Service (Singapore) Pte. Ltd. have signed a letter of intent (LOI) to advance marine electrification and sustainable maritime solutions in Singapore. Yinson GreenTech said in a statement on last Thursday that under the LOI, RMS intends to collaborate with Yinson GreenTech to explore the adoption of electric vessels to support its maritime operations within the Port Limits of Singapore. Yinson GreenTech will manage the...

Green and Smart Mobility Joint Stock Company (GSM) has on Tuesday officially launched Green GSM, the first all-electric taxi service in the Philippines. The firm said in a statement that the launch marks GSM’s entry into fourth international markets, following Vietnam, Laos, and Indonesia, and represents a significant milestone in the company’s “Go Green Global” strategy to advance sustainable mobility worldwide. Green GSM will begin operations in ten of the 16...

Hong Kong-based renewable energy (RE) specialist Clean Kinetics has announced it has raised S$4.3 million（$3.34 million）in a Series A funding round to drive its asset development and international expansion plans in the renewables infrastructure space. Clean Kinetics said in a statement this funding round was led by a couple of regional family office-backed private investors. The investment will support the firm’s expansion plans and growing project pipeline, which targets to grow its...

More than 1,100 technical and vocational education and training (TVET) educators and 5,600 students have been upskilled through Malaysia’s first large-scale artificial intelligence (AI) and cybersecurity training initiative the Rakyat Digital – Digital Vocational Education and Training (DVET). SOLS Foundation said in a statement on Thursday that the program was implemented by the foundation in collaboration with IBM SkillsBuild, and supported by the Ministry of Digital Malaysia...

Indonesian investment platform ANGIN has announced its latest investments in Collabit and Arconesia, two Indonesian startups committed to driving sustainable impact through innovative business models. ANGIN said in a statement on Thursday that these investments are made possible through continued support from KEM (Koalisi Ekonomi Membumi), which has extended funding for ANGIN to deploy as Indonesian soft loans to high-potential, impact-driven businesses. These loans are intentionally...

Indosat Ooredoo Hutchison has officially inaugurated its AI Experience Center (AIEC) in Jayapura, Papua Province, as part of its commitment to expanding access to and the benefits of artificial intelligence (AI) technology for communities across Eastern Indonesia. Indosat said in a statement on Wednesday that this milestone reinforces the firm’s role as a driving force in Indonesia’s digital awakening, with AI as a key enabler of equitable and sustainable progress. The AI...

Malaysia’s energy and environmental solutions firm Malakoff Corporation Berhad has partnered premium vehicles manufacturer HICOM Automotive Manufacturers (Malaysia) Sdn. Bhd. for a solar project in the country. Malakoff said in a statement on Tuesday that the firm through its commercial and industrial (C&I) solar subsidiary, Malakoff Radiance Sdn. Bhd. (MRSB), is expanding its renewable energy (RE) footprint with the signing of a second solar power purchase agreement with HICOM...

MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million. The firm said in a statement that backed by regulated asset management institutions Ruifeng Wealth Management, Tembusu Partners and Trigger Asset Management, MilikiRumah is founded by former PropertyGuru executives Winston Lee and...

Singapore’s rapid adoption of AI technologies is driving significant advancements across various sectors, from healthcare to urban planning. However, this surge in AI usage also brings about increased energy consumption, posing a challenge to sustainability goals. As a global leader in AI innovation, Singapore is committed to balancing technological progress with environmental stewardship. Many enterprises are focused on sustainability and have committed to becoming carbon neutral by...

Malaysia and Japan have marked a new milestone in green bioeconomy cooperation with the signing of three strategic agreements worth MYR 1.34 billion ($310 million) at Expo 2025 Osaka. Malaysian Bioeconomy Development Corporation Sdn Bhd, an agency under the Ministry of Science, Technology and Innovation (MOSTI), said in a statement that the agreements marked a significant step forward in advancing joint efforts by both nations to drive the low-carbon and bio-based economy agenda, in line...