News List

Nenggiri Dam operational in five years, to boost renewable energy capacity - Takiyuddin

GUA MUSANG, June 12 (Bernama) -- The RM5 billion Nenggiri Hydro-Electric Dam project which is expected to be operational in the middle of 2027 will boost renewable energy (RE) electricity capacity in Peninsula Malaysia, said Minister of Energy and Natural Resources Datuk Seri Takiyuddin Hassan.

Hong Seng, EoCell to develop regional manufacturing hub for EV batteries, ESS

KUALA LUMPUR, June 10 (Bernama) -- Hong Seng Consolidated Bhd has signed a memorandum of understanding (MoU) with EoCell Inc (EoCell) to develop a regional manufacturing hub for electric vehicle (EV) battery and energy storage solutions (ESS).

Petronas allocates Capex for clean energy spaces for the first time -- Group CFO

KUALA LUMPUR, June 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) has set aside a higher capital expenditure of nearly RM60 billion for the financial year ending Dec 31, 2022 (FY2022), of which 10 per cent will be spent on non-traditional spaces such as specialty chemicals and solar energy to achieve its net-zero carbon emissions target by 2050.

Coal plants to remain a major part in Asia's power generation

KUALA LUMPUR, June 1 (Bernama) -- Coal-fired power plants will remain a major part in Asia's power generation, at least for the time being, as the world is moving towards a greener and more sustainable economy.

Gagasan Solar partners Fabulous Sunview to invest in commercial, industrial solar asset

KUALA LUMPUR, May 3 (Bernama) -- Malaysia’s first Securities Commission-regulated solar fund Gagasan Solar has inked a Memorandum of Understanding (MoU) with Fabulous Sunview Sdn Bhd to deploy RM200 million into its targeted commercial and industrial solar asset segment.

Malaysia to maintain status quo on biodiesel mandate

PUTRAJAYA, June 2 (Bernama) -- Malaysia will maintain the status quo on its biodiesel mandate, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.

TNB to expand global renewable energy footprint

KUALA LUMPUR, June 1 (Bernama) -- Tenaga Nasional Bhd (TNB) through its New Energy Division is striving to future-proof its business by expanding its renewable energy (RE) footprint globally through mergers and acquisitions, asset development and establishing strategic partnerships with leading RE players.

Semiconductor supply chain needs to be more resilient, flexible -- Azmin

KUALA LUMPUR, May 30 (Bernama) -- A more resilient and flexible semiconductor supply chain is necessary for Malaysia to navigate a course of robust and sustainable growth, said Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

Sarawak to introduce electricity tariff discount for food producers, retailers to lower prices

KUCHING, May 26 (Bernama) -- The Sarawak Government will introduce a discount on electricity tariff for food producers and retailers in the state in order to reduce their business costs and eventually mitigate the market prices of foodstuff.

Renewable energy trading within ASEAN power grid important for sustainability - TNB

KUALA LUMPUR, May 26 (Bernama) -- Collaboration in energy trading, especially generated from renewable sources among the ASEAN power grid will be important for sustainability and energy adequacy, said Tenaga Nasional Bhd (TNB).