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UOB's U-Solar Programme Contributes To Greenhouse Gas Savings Across ASEAN Equivalent To Planting 1.3 Million Tree Seedlings

KUALA LUMPUR, Malaysia, March 15 (Bernama) -- In just slightly more than a year since its launch in October 2019, UOB’s U-Solar¹ programme has facilitated the generation of close to 160 gigawatt hours of solar power² across ASEAN, reducing more than 77,200 tonnes CO₂-equivalent (tCO₂e)³ in greenhouse gas (GHG) emissions. This GHG emission reduction is equivalent to having close to 1.3 million new tree seedlings grow over 10 years or taking close to 17,000 cars off the road for one year⁴.



U-Solar is Asia’s first solar industry ecosystem to power the development and adoption of renewable energy across Southeast Asia. Through U-Solar, available in Malaysia, Indonesia, Singapore and Thailand, the Bank offers businesses and consumers across Southeast Asia a suite of financial solutions to encourage the development and adoption of solar power. These solutions include providing cash management and green financing to solar project developers, as well as end-to-end contract-based financing solutions to engineering, procurement, construction and commissioning (EPCC) contractors.

UOB Malaysia positive on demand for solar power solutions post-COVID-19

KUALA LUMPUR, March 15 -- United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is positive about the market demand for solar power solutions post-COVID-19 due to the affordable, accessible and reliable source of renewable energy.

Techfast wins RM2.2 bln contract to supply marine fuel oils

KUALA LUMPUR, March 15 -- ACE Market-listed Techfast Holdings Bhd’s wholly-owned subsidiary, Fast Energy Sdn Bhd (FESB) has entered into a supply agreement with Singapore-based Wise Marine Pte Ltd to supply a range of marine fuel oils such as low sulphur fuel oil.

MESI 2.0 Programme to be reviewed to focus on human aspects - KeTSA

KUALA LUMPUR, March 14  --The Ministry of Energy and Natural Resources (KeTSA) will review the Malaysian Electricity Supply Industry (MESI) 2.0 Programme to focus on human aspects.

Malaysian gas market expected to be fully liberalised in 2022 -- MGA

KUALA LUMPUR, March 12 -- The Malaysian gas market is expected to be fully liberalised in 2022, when the remaining regulated gas tariff ends on Dec 31, 2021, said Malaysian Gas Association (MGA) president Hazli Sham Kassim. 

Serba Dinamik distributes essential items to PPR residents

KUALA LUMPUR, March 13 -- The plight of about 100 residents of the Laksamana People’s Housing Project (PPR) in Jalan Peel, Pudu, here, who are affected by the COVID-19 pandemic, has caught the attention of Serba Dinamik Group Berhad (SD).

Shell charters 10 new crude tankers powered by LNG engines

KUALA LUMPUR, March 11-- Shell has today signed agreements to charter ten new very large crude carriers (VLCCs) powered by dual-fuel liquefied natural gas (LNG) engines.

Aimflex seeks to diversify into oil & gas, automotive & medical segments

By S. Kisho Kumari

KUALA LUMPUR, March 11 -- Aimflex Bhd plans to diversify into the oil and gas, automotive and medical segments in a move to broaden its manufacturing automation business.

Serba Dinamik to set up new subsidiary for space industry venture in Q3 2021

By Siti Radziah Hamzah

KUALA LUMPUR, March 11 -- Serba Dinamik Group Bhd intends to establish a new subsidiary for its venture into the space industry in the third quarter of this year.

TNB forecasts a rebound in its revenue this year

KUALA NERANG, March 7 - Tenaga Nasional Bhd (TNB), which reported a 13.7 per cent drop in unaudited revenue to RM43.98 billion in 2020, expects the figure to improve this year despite the COVID-19 situation still facing the country.