KUALA LUMPUR : PA Resources Bhd announced that its supply agreement with First Solar has been extended for two years at an approximate value of RM800 million. “The agreement shall commence from May 2021 and shall remain effective for two years,” the company said in a filing with Bursa Malaysia today. On Jan 24, 2018, […]
Solar in Malaysia — challenges, and too much of a good thing?
KUALA LUMPUR : Solar enthusiasts are jumping on the bandwagon to promote the renewable energy (RE) source, harping that it is freely available and more cost-effective. But is this true? And is too much solar a good thing? Let’s explore this further. Solar is available only during the day, thus you still need to cater […]
Reservoir Link Energy proposes 51% stake purchase in solar renewable energy provider
KUALA LUMPUR : Reservoir Link Energy Bhd has entered into a term sheet for the proposed acquisition of a 51% stake in a new special purpose vehicle (SPV) to undertake solar renewable energy projects in Malaysia. The identified business and identified assets of Solar Bina Engineering Sdn Bhd valued at RM41.5mil, will be injected into […]
ELECTRIFYING ROAD TRIP: SOUTHEAST ASIA’S FIRST CROSS-COUNTRY EV CHARGING NETWORK IS HERE
Thanks to a new cross-country EV charging network, you can soon drive your electric vehicle from Singapore to Penang. Yes, once borders reopen, hopping into an electric car for a cross-border romp will be made easy and convenient. The new high performance cross-country EV charging network, Southeast Asia’s first, has been set up by Shell […]
Malaysia’s reNIKOLA targets 1GW peak solar capacity by 2025
KUALA LUMPUR: Malaysian solar company reNIKOLA Sdn Bhd aims to reach 1GW peak generation by 2025 by adding capacity and through acquisitions, according to managing director Boumhidi Adel. “Our sights are set on projects in Malaysia but we don’t discount looking at projects in the ASEAN region in the near future,” he said in an […]
Renewable and clean energy is the future – but is Malaysia ready?
KUALA LUMPUR: 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. In an interview on the issue, Petroliam Nasional Bhd (Petronas) president and CEO Tengku Muhammad Taufik Tengku Aziz […]
Air pollution kills thousands in megacities despite COVID lockdowns
KUALA LUMPUR: Air pollution caused tens of thousands of deaths in the world’s five most populous cities last year despite coronavirus lockdowns, researchers said on Thursday, urging governments to ditch fossil fuels and invest in a green recovery. Environmental campaign group Greenpeace Southeast Asia and air quality technology company IQAir measured pollution levels across 28 […]
116MWP Coara Marang solar farm, one of the largest Solar Projects in Malaysia, has started construction In Terengganu
KUALA LUMPUR, Malaysia: Coara Solar a pioneer in the development and building of solar projects in Malaysia announced the successful financial closing and commencement of construction of Coara Marang Solar farm. 116MWP Coara Marang solar farm, one of the largest Solar Projects in Malaysia has started construction In Terengganu.In June 2020, Director of Coara Marang, Susan Hemming, signed […]
Widad Group inks deal to manage solar power facilities
KUALA LUMPUR: Widad Group Bhd is partnering Motion Ventures Sdn Bhd to manage solar power facilities. In a statement today, Widad Group said it had entered into a memorandum of collaboration (MoC) with Motion Ventures to provide facilities management to community solar projects and large-scale photovoltaic plants with a total capacity of 1,000MW in Peninsular Malaysia. […]
Govt aims to continue driving down price of solar energy
KUALA LUMPUR : The government is committed to further drive down the price of solar-based electricity generation as it works towards increasing electricity generation from renewable energy or RE. Generation cost of solar power in the current large scale solar (LSS) bidding exercise has already fallen below the average cost of gas-generated power for the […]