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KPower clinches first EPCC contracts in Indonesia worth RM54.6 mln

KUALA LUMPUR, Nov 5 -- Kumpulan Powernet Bhd (KPower) has clinched its first engineering, procurement, construction and commissioning (EPCC) contracts in Indonesia for hydro power plants worth RM54.6 million. 

RHB maintains 'buy' on Solarvest on robust demand for solar energy

KUALA LUMPUR, Nov 3 -- RHB Research has maintained its “buy” call on Solarvest Bhd despite the expiry of the tax exemption for its subsidiaries and the stock's current high valuation compared to its peers.

OpenSys' buySolar platform targets 10 service providers, partners

KUALA LUMPUR, Nov 2  -- OpenSys (M) Berhad aims to register 10 service providers, banking and insurance partners for its online solar energy platform, buySolar by December 2020.

RM2.37 bln for rural electrification projects in Sarawak - Abang Johari

KUCHING, Oct 31 -- The Sarawak Government has allocated RM2.37 billion for rural electrification projects for 2019 and 2020 with the target of achieving full electrification in the rural parts of the state by 2025, said Chief Minister Datuk Patinggi Abang Johari Tun Openg today.

Solarvest seeks more incentives in Budget 2021 for solar leasing activities

KUALA LUMPUR, Oct 29 -- Solarvest Holdings Bhd hopes for more incentives from Budget 2021 especially by way of tax exemption for solar leasing activities, to spur investment interest in the industry,

FGV installs its biggest renewable energy biogas power plant in Pahang

KUALA LUMPUR, Oct 28  -- FGV Holdings Bhd's (FGV) recently installed a biogas power plant at its Triang palm oil mill in Bera, Pahang, the company’s biggest renewable energy biogas power plant to date.

TNB, MBS collaborate to reduce carbon footprint

KUALA LUMPUR, Oct 27 -- Tenaga Nasional Bhd (TNB), through its renewable energy retail arm GSPARX Sdn Bhd, has inked an agreement with the Seremban City Council (MBS) to install solar panels on the rooftop of the council’s office building.

Sarawak plans to export green hydrogen

KUCHING, Oct 23 -- Sarawak is planning to export green hydrogen overseas by developing a plant to produce the gas in Bintulu through a collaboration with two Japanese companies.

Sarawak Energy secures Malaysian utility sector's first sustainability-linked loan

KUALA LUMPUR, Oct 22 -- Sarawak Energy Bhd has secured a RM100 million sustainability-linked loan (SLL) in the form of a revolving credit facility from CIMB Bank Bhd, making it the first East Malaysian company and the first utility company in the country to secure a loan linked to measurable sustainability performance targets (SPTs).

KPower acquires 51 pct stake in Chemtrax for RM10 mln

KUALA LUMPUR, Oct 21  -- Kumpulan Powernet Bhd (KPower) today signed a share sale agreement with Sabaka Group Sdn Bhd to acquire 2.19 million shares, or a 51 per cent stake, in Sabaka’s wholly-owned unit, Chemtrax Sdn Bhd for RM10 million.

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