Volvo Buses, part of the Volvo Group and a leading provider of sustainable transport solutions, has partnered with Malaysia’s Gemilang International Ltd to launch the Volvo BZL-GML Eco Range. This flagship model is Volvo’s first locally-built, electric low-floor, two-door, premium city bus in Malaysia.
At the launch, a signing ceremony...
Malaysia has established its own energy exchange, Energy Exchange Malaysia (Enegem), to facilitate cross-border trading of green electricity. The initiative kicks off with a pilot auction aiming to export 100 megawatts (MW) to Singapore, leveraging existing infrastructure.
The pilot auction is exclusively accessible to entities holding an electricity generation and/or...
BlackRock’s Climate Finance Partnership has entered into an agreement to back regional renewable energy developer Ditrolic Energy, headquartered in Malaysia, to build commercial and industrial (C&I) and utility-scale solar assets throughout emerging markets in Asia Pacific.
Ditrolic Energy holds over 12 years’ experience in solar development and runs a fully-integrated...
ChemOne Group, a conglomerate based in Singapore specializing in petrochemicals, green energy, and natural resources, has introduced an innovative financing approach for the Pengerang Energy Complex (PEC) project.
This unique structure involves establishing an Islamic tranche within the Export Credit Agency (ECA) backed project financing for PEC. As the project...
SIG has been granted approval for its group-wide Net-Zero science-based target by the Science Based Targets initiative (SBTi).
The company has pledged to achieve net-zero greenhouse gas (GHG) emissions across its entire value chain by 2050, making it one of the first 300 companies globally to have its target validated...
Thailand's inaugural e-mobility exhibition, known as Future Mobility Asia 2022, has garnered international attention drawing more than 80 brands. As of now, 14 companies from Singapore, 9 from India and 4 from Malaysia are participating as exhibitors with Singapore products ranging from e-tuk tuk, autonomous shuttles, and electric two-wheelers...
Bailiffs have seized two Petronas subsidiaries in Azerbaijan following a French arbitration court’s ruling in March that Malaysia owed the descendants of the Sultan of Sulu payments of at least RM62.59 billion.
The move to seize Petronas’ Luxembourg-registered subsidiaries, Petronas Azerbaijan (Shah Deniz) and Petronas South Caucasus, is part of...
Singapore-based Cooling as a Service (CaaS) pioneer Kaer has expanded its portfolio in Asia, by clinching an over RM160 million (over S$50 million) projects with The Exchange TRX in Malaysia for a tenure of 15 years.
The Exchange TRX is a 17-acre new lifestyle destination that sits at the heart...
The Land Transport Authority (LTA) of Singapore will be working with organisations to train and certify automotive technicians in the safety-related areas of electric vehicle (EV) maintenance and servicing.
LTA said that the move is part of its efforts to upskill Singapore’s existing workforce in support of the adoption of...
Kaer, a Global Cooling as a Service (CaaS) provider headquartered in Singapore, is expanding its operations in six major cities in India - Bengaluru, Gurugram, Noida, Chennai, Hyderabad and Mumbai – to tap into India’s high demand for centralised cooling, which accounts for about 57 percent of the country’s...
Nanyang Polytechnic (NYP) and Schneider Electric have launched a one-stop Sustainability Experience Centre to help Singapore's SMEs implement green technologies at the workplace as part of the effort to achieve the country's goal of having at least 80% of buildings to be green by 2030, according to the Building...
