News, reviews, and insights from the climate tech world.
Malaysia’s Sustainable Energy Development Authority (SEDA) has announced that the 350 MW capacity allocated for residential solar under its net metering initiative has been fully subscribed. However, capacity remains available for government buildings, as well as commercial and industrial users, under the same program. The 350 MW quota for residential solar was set under the […]
Hero Future Energies, the renewable energy arm of the Hero Group, has unveiled an ambitious plan to invest $20 billion in expanding its renewable energy capacity to 30 GW by 2030. This would mark a significant increase from its current capacity of 1.9 GW, nearly a 16-fold rise, according to chairman Rahul Munjal, who shared […]
Climate solutions startup CarbonEthics has raised US$2.1 million in a seed funding round led by Intudo Ventures, the company announced on Wednesday. The Indonesia-based firm plans to use the funds to expand its portfolio of carbon projects, secure additional environmental initiatives, and recruit top-tier technical experts to enhance its offerings. Founded in 2019, CarbonEthics initially […]
Climate Impact X (CIX), the Singapore-based carbon exchange, has appointed Choo Oi-Yee as its new chief executive officer, concluding a six-month global search for a successor. Ms. Choo, formerly the CEO of private market exchange ADDX, will officially take on her role on October 21, according to a statement issued by CIX. The appointment follows […]
Alliance Islamic Bank Bhd has entered into a collaboration with Asia Carbonx Change Plt (Carbonx) to roll out an innovative green financing initiative aimed at helping small and medium-sized enterprises (SMEs) embark on a sustainable path. This new programme offers financial solutions that assist businesses in reducing their carbon emissions and advancing their sustainability agendas. […]
The Edison Electric Institute estimates some 9.6 million charge points will be needed in the U.S. by the end of the decade to support an estimated 18.7 million EVs on the road. This massive increase in EV charging infrastructure will have important implications for the grid and present stakeholders with significant challenges – and opportunities. […]
Sabah Electricity Sdn Bhd (SESB) has announced plans to construct a 100MW battery energy storage system (BESS) with a capacity of 400MWh in Lahad Datu, making it the largest of its kind in Southeast Asia. This initiative is part of SESB’s ongoing efforts to enhance power generation capacity and stability for the Sabah Grid. The […]
A European hydrogen test initiative has successfully connected a wind turbine to two electrolysers, potentially paving the way for off-grid green hydrogen production at sea and reducing costs, according to Germany’s Ministry of Education and Research. In a significant development, the “H2Mare” project partners, Germany’s Fraunhofer Institute for Wind Energy Systems (IWES) and Siemens Gamesa, […]
Mingyang Smart Energy has recently installed what it claims to be “the world’s largest single-capacity offshore wind turbine” off the coast of Hainan, China. The turbine, with a power output of up to 20 megawatts (MW), surpasses the company’s previous 18 MW model launched in 2023. Named the MySE18.X-20MW, this turbine is designed with a […]
View our databases, add your own listings and gain access to members-only deals to supercharge your climate tech business. Connect with: