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Malaysia
Floating Solar
Long Popular in Asia, Floating Solar Catches on in US
The sun rises over floating solar panels on May 3, 2023, in Selangor, Malaysia. Floating solar panel farms are beginning to boom in the United States after rapi…
Service Operation Vessel
Petronas Takes Three Velesto Jack-up Rigs for Drilling Ops off Malaysia
Malaysian rig owner Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs for operations in Malaysi…
Energy Investment
A Minimum $200B Energy Investment Key Want in Southeast Asia
It has been brought to light that Southeast Asia will at a minimum need $200 billion worth of investment in the energy sector by the end of this decade in order…
LNG
Petrochina Signs LNG Deal With Malaysia’s Petronas
PetroChina International said it has signed a sales and purchase agreement with Malaysia's Petronas to buy liquefied natural gas (LNG).The deal, signed on A…
LNG
The FLNG Market to Recover With a $35BN EPC Contract Value
The Prelude floating liquefaction natural gas (FLNG) unit's final investment decision (FID), announced by Shell in May 2011, was intended to mark the beginn…
Carbon Emissions
Scale-up of Clean Energy Funding in Southeast Asia Needed to Meet Climate Goals: Report
Greater transparency around the financial performance of renewables, strong regulation and risk management are key to boosting clean energy funding.These were t…
Solar Power Plant
Solar PV Power Secures Funding for 10MW Project in Malaysia
The project is expected to start operations in the second quarter of 2023.Jetama Energy and Symbior Solar’s joint venture, Solar PV Power (SPP), has reach…
Hydropower Plant
Pasdec Holdings Berhad Sells Interest in Company Developing 5 MW Hydropower Project
Pasdec Holdings Berhad in Malaysia announced it has reached a share purchase agreement to dispose of its entire equity interest in Pasdec Mega Sdn. Bhd., which …
Hydrogen Production
Renewables Are the Solution to Malaysia’s Sustainable Future and Renewed Climate Ambition
New report confirms Malaysia’s ability to meet its net zero goal with increased use of local and affordable renewables. According to the report’s fi…
Rooftop PV System
Samaiden Posts 36% Gain in Revenue to RM40 Million in 2Q
Various government initiatives, electricity tariff hike, Corporate Green Power Programme and sustainability adoption supportive of RE industry outlookPETALING J…
Oil & Gas Trade
Petronas Divests Entire Interest in Engen
Petronas has reached an agreement to sell its entire 74 percent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators and p…
Energy Technology
Photovoltaic-Thermal System Based on PCM Cooling
Malaysian researchers have developed a system that can absorb heat from PV modules and transmit it to a nanofluid, in order to transform it into thermal energy …
Market Analysis
Hydrogen Fuel Cell Market size is expected to grow USD 78,629.5 million by 2030
According to the Market Statsville Group (MSG), the global Hydrogen Fuel Cell Market size is expected to grow from USD 14,573 million in 2021 to USD 78,629.5 mi…
Wind Power Project
Malaysia’s TNB Secures eur72M Refinance Package
It will be used for its offshore wind investment in the UK.Tenaga Nasional Berhad (TNB) completed a EUR72m refinance package with two major lenders in the UK la…
Oil Field
Petronas Awards Banang Oilfield Prize
Petra Energy secures extension for offshore assetPetronas has extended until August 2024 Malaysian contractor Petra Energy’s contract covering production,…
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