Climate
ADB Announces Start of Climate Action Catalyst Fund
DUBAI, UNITED ARAB EMIRATES (8 December 2023) — The Asian Development Bank (ADB) today announced that it will start on 1 January 2024 operations of its Climate Action Catalyst Fund (CACF)—a first-of-its-kind carbon fund under the Paris Agreement. The fund aims to mobilize innovative carbon finance through the purchase of carbon credits to catalyze investments in transformative…
Read MoreGentari plans to team up with Mercedes-Benz Malaysia to drive EV ecosystem growth
Partnership intended to explore EV charging facilities at selected strategic locations across Malaysia to ease long distance travel with charging subscription plans KUALA LUMPUR, Malaysia – 6 December 2023 – Gentari Sdn Bhd, a clean energy solutions provider, intends to partner with Mercedes-Benz Malaysia (MBM) through its subsidiary, Gentari Green Mobility Sdn Bhd, to accelerate the adoption of…
Read MoreSarawak Energy and Masdar Join Forces to Advance Renewable Energy Development in Malaysia
DUBAI, UNITED ARAB EMIRATES6 DECEMBER 2023 Sarawak Energy, Malaysia’s largest renewable energy developer and provider, has inked a Memorandum of Understanding (MoU) with United Arab Emirates state-owned clean energy provider, Abu Dhabi Future Energy Company PJSC, widely known as Masdar. This strategic collaboration aims to advance the development of renewable energy projects across Sarawak and…
Read MoreBursa Carbon Exchange Signs Mou with Gold Standard At Cop28
The collaboration adds another international standard setter to Malaysia’s voluntary carbon market Dubai, 4 December 2023 – Bursa Carbon Exchange (“BCX”), a wholly-owned subsidiary of Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) and Gold Standard, a leading impact standards, today signed a Memorandum of Understanding (MOU) during the 28th United Nations Climate Change Conference…
Read MoreBursa Carbon Exchange Signs MOC With Sarawak Energy, Hydropower Sustainability Alliance And I-Rec At Cop28, Signalling Its Future Offering Of Renewable Energy Certificates
Dubai, 4 December 2023 – Bursa Carbon Exchange (“BCX”), a wholly-owned subsidiary of Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”), today signed a Memorandum of Collaboration (MOC) with Sarawak Energy Berhad (“Sarawak Energy”), Hydropower Sustainability Alliance (“HSA”) and the I-REC Standard Foundation (“I-REC Standard”), during the 28th United Nations Climate Change Conference of Parties…
Read MoreCOP28 Galvanizes Finance and Global Unity for Forests and the Ocean
December 3, 2023,: Dubai: During the World Climate Action Summit, the COP28 Presidency and its partners presented a series of new and ambitious initiatives with an initial USD$1.7 billion of committed finance to simultaneously meet climate and biodiversity goals. President Lula da Silva and the COP28 Presidency also announced a two-year partnership to mobilize new…
Read MoreYinson Renewables’ 285 MW NOKH Solar Park In India Starts Commercial Operations
Rajasthan, India & Kuala Lumpur – 3 November 2023Yinson Renewables (“YR” or “the Company”), through its indirect subsidiary, Rising Sun Energy K Private Limited (“RSEK”), is pleased to announce that its Nokh Solar Park (“Nokh”) in Rajasthan, India, started commercial operations on 3 November 2023. The park is now exporting power to the Rajasthan power…
Read MoreGentari partners AM Green to drive large-scale green hydrogen production with global reach
KUALA LUMPUR, Malaysia – 30 October 2023 – Gentari Sdn Bhd (Gentari), via its wholly-owned subsidiary Gentari International Renewables Pte Ltd, has entered into an agreement with AM Green BV (AM Green) to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings BV (AMG Ammonia). AMG Ammonia is established by the founders of…
Read MoreSingapore’s Largest Vehicle-to-Grid Test-bed to Assess Potential of Providing Grid Services
The Energy Market Authority (EMA) and Singapore Institute of Technology (SIT) have awarded a grant, under the EMA-SIT Exploiting Distributed Generation (EDGE) programme, to a consortium led by Strides, to develop and test-bed Vehicle-to-Grid (V2G) technology to provide grid services. This will be Singapore’s largest V2G test-bed conducted with 15 commercial vans and 10 V2G-enabled…
Read MoreEMA Grants Conditional Approval for 1.2 Gigawatt (GW) of Electricity Imports from Vietnam
24 Oct 2023 Plans to import 4GW of low-carbon electricity by 2035 continue to make steady progress Annex A: Information on the Singapore Energy TransitionAnnex B: How Does the Request-for-Proposal Process Work? About the Energy Market Authority The Energy Market Authority (EMA) is a statutory board under the Singapore Ministry of Trade and Industry. Through…
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