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Plus Xnergy introduces solar rent-to-own programme for Malaysian households

KUALA LUMPUR, Aug 26  -- Clean energy provider Plus Xnergy Holdings Sdn Bhd has introduced a solar rent-to-own programme that would help Malaysian households reduce monthly electricity bills.

Petronas FutureTech 2.0 welcomes 20 Malaysian startups to accelerate innovation

KUALA LUMPUR, Aug 26  -- Petronas has selected 20 startups to participate in the second edition of its technology accelerator programme, Petronas FutureTech 2.0, that aims to encourage local innovations and scale up home-grown technology startups to be at par with international standards.

Handal Energy breaks six-year streak of losses by posting net profit for FY2021

KUALA LUMPUR, Aug 25  -- Handal Energy Bhd has returned to the black for the financial year ended June 30, 2021 for the first time since financial year 2016, recording a net profit of RM227,000 against a net loss of RM25.28 million in the same period a year ago fuelled by new contracts.

TNB divests bonds in India's Bajoli Holi Hydropower Project for RM67.04 mln

KUALA LUMPUR, Aug 24 -- Tenaga Nasional Bhd (TNB), via its wholly-owned subsidiary TNB Topaz Energy Sdn Bhd (TNBTE), has divested all of its 105.6 million units of Tranche 1 investment in the compulsorily convertible debentures (CCD) issued by GMR Bajoli Holi Hydropower Private Ltd (GBHH) of India for 1.176 billion Indian rupees (RM67.04 million).

Sabah has much potential for transboundary cooperation through BIMP-EAGA - Hajiji

KOTA KINABALU, Aug 23 -- Sabah has much potential in transboundary cooperation in the priority economic sectors earmarked by the Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA), said Sabah Chief Minister Datuk Hajiji Noor.

Over 500 residents benefit from COVID-19 vaccination outreach, 'SurFi-bah!' satellite internet service

KUALA LUMPUR, Aug 21 -- More than 500 residents from two villages around Inanam and Tuaran, Sabah have benefitted from the COVID-19 Vaccination Outreach Programme and satellite Internet service, ‘SurFi-bah!’.

KPower, Advancecon's subsidiaries signs solar photovoltaic PPAs with TNB

KUALA LUMPUR, Aug 20 -- KPower Bhd (KPower) and Advancecon Holdings Bhd’s subsidiaries have signed large-scale solar photovoltaic power purchase agreements (PPAs) with Tenaga Nasional Bhd (TNB).

Serba Dinamik aims to become major player in international re sector

KUALA LUMPUR, Aug 17 -- Serba Dinamik Holdings Bhd is optimistic of becoming a major player in the international renewable energy (RE) sector by leveraging its Scotland-based subsidiary Wellahead Engineering Ltd, which was acquired last year.

Eden recommences operation of Libaran Power Station for 3-year term

KUALA LUMPUR, Aug 16 -- Eden Inc Bhd’s wholly-owned subsidiary Stratavest Sdn Bhd (STV) has entered into a power purchase agreement with Sabah Electricity Sdn Bhd to further extend the operation of Libaran Power Station for another three years. 

Solar PV installation can help businesses save at least 25 pct in electricity cost

KUALA LUMPUR, Aug 13  -- A typical solar photovoltaic (PV) panel installation on commercial or industrial properties would help businesses to save potentially at least 25 per cent in electricity cost, UOB Malaysia deputy chief executive officer Ng Wei Wei said.