Inadequate investment in power grids is holding back developing countries in Asia and the Pacific from embracing the full benefits of an energy transition, including enhanced energy security, the creation of millions of green jobs, and the expansion of electricity access, the Asian Development Bank (ADB) said in its new report.
ADB said in a statement on Monday that the bank calls for the...
Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam.
This investment, facilitated through the Southeast Asia Clean Energy Fund II (SEACEF II), will support Ampotech’s regional Southeast Asia expansion with an...
Clime Capital, the Singapore-based fund manager, has announced that the South East Asia Clean Energy Fund ll (SEACEF ll) has achieved maximum capitalization with $175 million committed.
SEACEF ll, the first blended investment fund established in Southeast Asia to provide early-stage high-risk capital to support promising businesses accelerating the region’s low-carbon transition, now...
Malaysian clean energy solutions provider Gentari, through its wholly-owned subsidiary Gentari Renewables Sdn Bhd, has signed landmark Solar Power Purchase Agreements (PPA) with telecommunications company Telekom Malaysia (TM) to power six key TM facilities with solar energy.
Gentari said in a statement on last Thursday that these PPAs are part of an ongoing collaboration between TM and...
Quantified Energy (QE), a Singapore-based deep-tech company, announced its Series A fundraise led by Vertex Ventures Southeast Asia & India on Tuesday.
With this latest funding round, QE will accelerate its global business development efforts and double down on product innovations to cater to the needs of the fast-growing solar industry, the firm said in a statement.
“With this new...
Sodion Energy, a provider of sodium-ion batteries for e-mobility and integrated energy storage solutions based in Singapore, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.
Sodion Energy said in a statement on Monday that this collaboration strengthens Sodion...
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