2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Property developer Parkland Bhd has received the Securities Commission Malaysia’s (SC) nod for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia Securities Bhd.
2d ago
KUANTAN, Oct 29 (Bernama) -- A RM850 million floating solar photovoltaic (PV) project at Chereh Dam in Pahang is expected to create about 1,500 jobs and generate clean electricity equivalent to the annual consumption of 100,000 households.
2d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.
3d ago
KUALA LUMPUR, Oct 28 (Bernama) -- The government has yet to decide on 24 new data centre applications as it assesses whether electricity supplies can meet the needs of 117 projects already approved, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
3d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.
3d ago
KUALA LUMPUR, Oct 28 (Bernama) -- AM Green Ammonia (India) Private Limited (AM Green), a global supplier of renewable ammonia, has signed a binding heads of agreement to supply Japanese power company JERA Co Inc (JERA) with about 70,000 tonnes of green ammonia, produced using renewable energy, annually for five years, with an option to extend.
3d ago
SINGAPORE, Oct 28 (Bernama) -- Nuclear power could be a viable long-term addition to Malaysia’s energy mix, complementing renewable energy to deliver a system that is low-carbon, environmentally sustainable, secure and reliable.
3d ago
KUALA LUMPUR, Oct 27 (Bernama) -- The government is prepared to re-engage with industry players to look at the possibility of improving the fee structure of the Corporate Renewable Energy Supply Scheme (CRESS).
4d ago
From Rosemarie Khoo Mohd Sani
SINGAPORE, Oct 27 (Bernama) -- Tenaga Nasional Bhd (TNB) has committed to connecting approved data centres to the electricity grid within one year, as Malaysia strengthens its domestic network to keep pace with rising power demand and regional electricity connectivity.
4d ago
KUALA LUMPUR, Oct 27 (Bernama) -- The Invest Borneo action plan should focus on shared value chains, improve cross-border ease of doing business and prioritise investment realisation to strengthen Borneo’s position as an investment hub, according to the Malaysian Investment Development Authority (MIDA).
5d ago
KUALA LUMPUR, Oct 26 (Bernama) -- Pansar Bhd’s wholly-owned subsidiary, Perbena Emas Sdn Bhd, has accepted a letter of acceptance from KKB Engineering Bhd for civil and structural subcontract works worth RM170.86 million.