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Petronas announces gas discovery in Baram exploration well

KUALA LUMPUR, Feb 24 -- Petroliam Nasional Bhd (PETRONAS) has announced a gas discovery from Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of Baram Province, approximately 90 kilometres off the coast of Sarawak.

Applications for FiT quota to be opened in June

PUTRAJAYA, Feb 23 -- The government, through the Sustainable Energy Development Authority (SEDA) Malaysia, will open applications for feed-in tariff (FiT) quotas totalling 188 megawatts (MW) for biogas, mini hydro and biomass resources in Peninsular Malaysia in June.

Petronas awards Block SB405 to ConocoPhillips, Petronas Carigali

KUALA LUMPUR, Feb 19  -- Petroliam Nasional Bhd (Petronas) has awarded Block SB405, off the coast of Sabah, offshore Malaysia, to ConocoPhillips East Malaysia Ltd (COPEM) a subsidiary of ConocoPhillips and Petronas Carigali Sdn Bhd (PCSB).

NEM 3.0 to be better if quota allocation was revised upwards to 1GW -- industry player

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 22  -- Since there is more awareness, adoption and demand from the market for solar energy, the quota allocation of 500 megawatts (MW) for the new Net Energy Metering (NEM) 3.0 would have been even better if it was revised upwards to 1 GW as solar has already evolved.

Petronas Gas to build RM541 mln pipeline for power plant in Pulau Indah

KUALA LUMPUR, Feb 22 -- Petronas Gas Bhd (PGB) has approved a final investment decision for the construction of a new lateral gas pipeline costing RM541.07 million.

TNB, Maevi to play integral role to support govt's digitalisation plan

KUALA LUMPUR, Feb 22  -- Tenaga Nasional Bhd (TNB) and its smart home products subsidiary, Maevi Sdn Bhd, aims to play an integral role in supporting the government’s digitalisation plan. 

HLB introduces HLB SME Solar Financing for SMEs

KUALA LUMPUR, Feb 22 -- Hong Leong Bank (HLB) has introduced the ‘HLB SME Solar Financing’, a green energy financing facility specially developed for Malaysian small and medium enterprises (SMEs) looking to install small-scale solar photovoltaic (PV) systems.

RE and clean energy is the future, but are we ready? 

By M. Saraswathi

KUALA LUMPUR, Feb 21  -- Renewable Energy (RE) is without a doubt the future in energy consumption and mix and a much debated topic not only in Malaysia but also globally as it needs the right policies, infrastructures, and funding.

SPG ready to supply 1,440MW electricity power into national grid - TNB

KUALA LUMPUR, Feb 19  -- Southern Power Generation Sdn Bhd (SPG) is ready to supply 1,440 megawatts (MW) electricity power into the national grid from its two (720MW combined cycle gas turbine (CCGT) power plants.

GTB net profit soars 68 pct to RM91.16 mln in FY20

KUALA LUMPUR, Feb 18 -- Greatech Technology Bhd’s (GTB) net profit rose 68 per cent to RM91.16 million in the financial year ended Dec 31, 2020 (FY20) from RM54.27 million in FY19.