News, reviews, and insights from the climate tech world.
Huadian Group and PowerChina have brought online a landmark 1 GW solar power project on salt-alkali tidal flats in China’s Shandong province, integrating 200 MW/400 MWh of battery storage in what is described as the country’s largest such installation. Spanning 72 square kilometers in Laizhou, the facility is designed under a “salt-solar hybrid” model, where […]
Capricorn Investment Group, a prominent US-based investment firm, is the latest international entity to explore opportunities in Sarawak, with a particular focus on the renewable energy and technology sectors. According to a report from the Sarawak Public Communications Unit, representatives from the firm met with Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg during […]
The $100 billion Stargate joint venture—spearheaded by OpenAI, Oracle, and SoftBank Group—will be powered, at least in part, by renewable energy, including solar and battery storage, according to reports. SoftBank-backed SB Energy is expected to develop the necessary infrastructure, though renewables are unlikely to serve as the venture’s sole energy source. As artificial intelligence and […]
Malaysia’s Energy Commission has issued an open tender for the development of 2 GW of large-scale solar power, as part of the nation’s efforts to accelerate its clean energy transition. The projects, which will range in capacity from 10 MW to 500 MW, are aimed at bolstering Malaysia’s renewable energy ambitions. The announcement, made by […]
Northern Solar Holdings Bhd, a renewable energy company focused on solar power, has announced that its initial public offering (IPO) for the public portion has been oversubscribed by a staggering 73.2 times. The company, set to debut on Bursa Malaysia’s ACE Market, received an overwhelming 25,772 applications for 1.47 billion shares, amounting to RM924.59 million […]
Sarawak’s strategic location and extensive oil and gas expertise position it as a potential leader in regional carbon capture and storage (CCS) services, according to a senior Shell executive. Zharin Zhafrael Mohd, Shell’s General Manager for CCS Asia Pacific, highlighted Sarawak’s offshore capacity for carbon storage as a significant advantage. Speaking to The Borneo Post, […]
Chinese battery giant CATL and Masdar, the UAE’s flagship renewable energy company, have announced a landmark partnership to develop the world’s largest solar and battery energy storage system (BESS) project in Abu Dhabi. The collaboration, unveiled on January 17, represents a transformative step in clean energy innovation, integrating solar power with cutting-edge battery storage technology […]
UEM Lestra Bhd, the green investment arm of Malaysia’s sovereign wealth fund Khazanah Nasional Bhd, has announced plans to invest RM2.5 billion in the first phase of a landmark solar energy project in Johor. The company has already secured key offtakers for the project, which is slated to begin operations by the end of 2027. […]
Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, to support a solar energy generation project. The collaboration aligns with Malaysia’s National Energy Transition Roadmap (NETR) and the nation’s objective of achieving net zero carbon emissions by 2050. Speaking […]
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