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Asia and the Pacific needs grid upgrade to drive energy transition, says ADB reportInadequate 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...
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Clime Capital’s second SEA clean energy fund achieves maximum capitalization with $175M committedClime 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...0 Commentarios 0 Acciones 10K Views 0 Vista previa
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DigitalAssets, FintechInnovation, WealthTech, RegulatedCrypto, FinancialWellbeing,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...0 Commentarios 0 Acciones 9K Views 0 Vista previa
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Hong Leong sees Malaysian government supportive policies to provide competitive advantage in data center amid US AI chip curbsWhile the recent US Framework for AI Diffusion presents a dent to Malaysia’s booming DC space, Hong Leong Investment Bank Research said Wednesday that Malaysian government supportive policies will provide a competitive advantage in data center (DC) investment. The research house said in a note that Malaysia’s competitive advantage over its regional peers in the DC space stems in...0 Commentarios 0 Acciones 11K Views 0 Vista previa
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IFC invests $92M in Thailand’s Winchai to boost renewable energy access in SEATo 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...0 Commentarios 0 Acciones 8K Views 0 Vista previa
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IFC partners with CleanMax to scale solar solutions for Thailand’s commercial and industrial sectorTo expand access to reliable energy and make clean power more affordable for industrial businesses, the International Finance Corporation (IFC) is investing THB 1.48 billion (approximately $45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (CleanMax). Backed by Brookfield, CleanMax is a leading Indian renewable energy...0 Commentarios 0 Acciones 4K Views 0 Vista previa
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Indonesia’s Arysun secures $575,000 Pre-Seed funding to accelerate solar adoption in Southeast AsiaArysun, an Indonesia-based climate-tech startup, has raised $575,000 in pre-Seed funding led by Wavemaker Impact, with additional participation from the First Move Fund. Arysun said in a statement on Wednesday that the funding will fast-track its efforts to provide affordable, user-friendly solar solutions for middle-income households across Southeast Asia. The pre-Seed funding will allow the...0 Commentarios 0 Acciones 8K Views 0 Vista previa
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Malakoff partners HICOM Automotive for solar project in MalaysiaMalaysia’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...0 Commentarios 0 Acciones 8K Views 0 Vista previa
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Malaysia’s Gamuda partners landowners to co-develop RE projects in Central TasmaniaMalaysia-based engineering, property and infrastructure firm Gamuda said its wholly owned Australian subsidiary Gamuda Holdings Pty Ltd has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy (RE) projects in Central Tasmania. The portfolio represents a combined capacity of 600 MW of wind and solar energy generation and up to...0 Commentarios 0 Acciones 6K Views 0 Vista previa
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Malaysia, Japan seal $310M in green bioeconomyMalaysia 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...0 Commentarios 0 Acciones 8K Views 0 Vista previa
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Maybank sees government’s execution as key for Philippines’ renewable energy sectorMaybank Investment Bank has maintained a neutral stance on the renewable energy (RE) sector in the Philippines despite the positive government support as execution has lagged and RE players are navigating near-term headwinds with execution hurdles. The research house said in a note on last Friday that despite supportive policies in the country, RE capacity additions only began to outpace...0 Commentarios 0 Acciones 2K Views 0 Vista previa
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