Malaysia’s data center operators struggle due to power cost hike
Malaysia’s data center sector is projected to grow at a 22% CAGR from 2023 to 2029 due to cost competitiveness, skilled workforce, and a robust digital ecosystem, according to a report by global investment bank ARC Group.
Green electricity tariff premium rates cut by up to 80%
KUALA LUMPUR: Malaysia has cut its green electricity tariff (GET) premium rates by up to 80% since yesterday in an effort to diversify its green electricity supply access options for companies to meet their environmental, social and governance commitments.
Time Energy launches Malaysia’s first community solar project for data centers
Time Energy, the renewable division of Malaysian telco Time dotCom, has launched the country’s first community solar project for data centers.
Malaysia bolsters energy collaboration
Kuala Lumpur (VNA) – Malaysia’s national oil and gas company PETRONAS has partnered with the UK-headquartered Energy Institute (EI) to develop a series of professional and leadership programmes to nurture the next generation of energy leaders.
Petronas unit eyes entry into Philippine LNG market
Malaysia LNG Group of Companies (MLNG), a subsidiary of state-owned energy giant Petronas, is actively eyeing the Philippines as a strategic growth market for liquefied natural gas (LNG), as it strengthens its presence across Southeast Asia.
Malaysia to launch automatic fuel adjustment for electricity tariffs in July
Starting in July, Peninsular Malaysia will implement an Automatic Fuel Adjustment (AFA) mechanism for electricity pricing, replacing the current Imbalance Cost Pass-Through (ICPT) system. Under the AFA, electricity tariffs will be adjusted monthly based on prevailing fuel prices and exchange rates, compared to the current biannual schedule. According to the Energy Commission (EC), base electricity […]
Huawei and SchneiTec Commission World’s First TÜV SÜD-Certified Grid-Forming Energy Storage Project
Shanghai (ANTARA/PRNewswire)- Huawei Digital Power, in collaboration with SchneiTec, has successfully commissioned Cambodia’s first-ever TÜV SÜD-certified grid-forming energy storage project, marking a key milestone in the country’s transition toward a sustainable energy future. As a leading energy solutions provider in the region, SchneiTec previously developed Cambodia’s largest solar power plant.
Malaysia launches climate finance innovation lab to boost green solutions
Kuala Lumpur (VNA) – Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) on June 18 announced the launch of the Climate Finance Innovation Lab (CFIL), a groundbreaking initiative aimed at promoting innovative financial solutions in the fight against climate change.
