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...
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...
Malaysia’s state-owned utility firm Petroliam Nasional Berhad (Petronas) and Microsoft have signed a memorandum of understanding (MoU), further extending their strategic collaboration in multiple areas across innovation and sustainability to support the development of an artificial intelligence (AI)-enabled economy and ecosystem in Malaysia, while advancing efforts toward energy...
Seraya Partners said Monday that energy transition, digitalization, and regionalization, are driving new investment opportunities across developed and emerging Asia, as the region continues to drive global economic growth.
The Asia-based independent private equity fund said in its latest whitepaper that an estimated $1.7 trillion in annual funding is required to sustain growth, modernize...
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