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2024-12-24 11:54:20

Deals in brief: Bolttech raises Series C funding, Catcha Digital to acquire stakes in Tastefully and Drive 2 Digital, latest China deals, and more
Bringing you the latest updates on funding deals and activities in the Asia Pacific. Bolttech raises over USD 100 million in Series C funding Bolttech, a Singapore-headquartered insurtech firm, has raised over USD 100 million in a Series C funding round led by Dragon Fund (a partnership between Liquidity and MUFG), with additional backing from Baillie Gifford and Generali. The funding places...

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2024-12-24 11:51:26

From power to profit: CATL turns EV batteries into financial assets with “Choco-Swap”
CATL’s “Choco-Swap” system reimagines EV batteries as assets, shaping a new business paradigm that maximizes utility and profitability. The value of a power battery goes far beyond its price tag. At a “Choco-Swap” station in Xiamen, Fujian, a power battery is experiencing its third ownership transfer—yet it remains in excellent condition. This is thanks to...

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2024-11-18 07:29:10

Malaysia’s Petronas partners CNPC for integrated sustainable energy solutions
Malaysia’s state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has partnered China’s national oil and gas corporation China National Petroleum Corporation (CNPC) for integrated sustainable energy solutions. Petronas said in a statement on last Wednesday that the firm has signed a memorandum of understanding (MoU) at the CNPC International Cooperation Forum, a key...

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2024-11-23 13:21:45

Malaysia’s Petronas, Southeast Asian energy players call for progressive approach to methane emissions reduction
Malaysia’s state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), alongside Southeast Asia’s other leading energy companies, have called for progressive approach to methane emissions reduction. Petronas said in a statement on Thursday that they have released a joint statement to coincide with the 29th United Nations Climate Change Conference (COP29) calling for a...

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2024-12-10 10:55:34

Singapore’s BECIS raises $53M to support growth in solar, bioenergy and new solutions
BE C&I Solutions Holding (BECIS) has on Monday announced $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments (represented by Berkeley Energy) and Siemens Financial Services. BECIS said in a statement that the new equity funding, coupled with recent completion of debt funding rounds, will position BECIS for continued success...

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2024-11-27 14:39:27

Yinson GreenTech’s chargEV collaborates with eLoaded to improve EV charging infrastructure through DC grid technology
ChargEV, Malaysia-based Yinson GreenTech’s charge point operator, has on Tuesday announced an exclusive collaboration with eLoaded, a Germany-based developer and operator in direct current (DC) grid technology. The collaboration sees eLoaded’s cutting-edge DC grid systems with chargEV’s expansive charging network, paving the way for faster, more efficient, and sustainable...

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