Affin Islamic wins Sustainable Energy Financing award

AFFIN Islamic Bank Bhd was awarded with a Sustainable Energy Financing award at the National Energy Awards 2020 (NEA 2020), under the Special Awards category.
CIMB to phase out coal financing by 2040
[KUALA LUMPUR] Malaysia’s CIMB Group on Tuesday committed to phase out coal from its portfolio by 2040, saying it was the first banking group in Malaysia and Southeast Asia to do so.
Petronas agrees to give Sarawak bigger share of oil, gas revenue

KUALA LUMPUR • Malaysian energy giant Petronas said yesterday that it has agreed to a commercial settlement that grants Sarawak state a higher share of revenue for oil and gas produced in the state.
Solarvest, Satria Megajuta secure solar PV contracts
KUALA LUMPUR (Dec 7): Solar photovoltaic (PV) system specialist Solarvest Holdings Bhd has secured a contract from Southern Cable Group Bhd to instal a 2.7 megawatt (MW)-peak rooftop solar PV system on its cable and wires manufacturing facility in Kuala Ketil, Kedah.
Harnessing hydropower in Malaysia
Malaysia has relatively abundant hydropower resources, albeit unevenly distributed among the different parts of the country, with heavier concentrations in Sabah and Sarawak. The first major hydropower dam, the Chenderoh Dam (27MW), was constructed in 1930. In the decades that followed, systematic development of the country’s natural resources has contributed over 27,300GWh of energy annually […]
Singapore government invests $8.9m to support blockchain research
Enterprise Singapore, the Infocomm Media Development Authority, and the National Research Foundation Singapore, has launched a S$12 million (US$8.9 million) program to further strengthen the city-state’s blockchain ecosystem.
Singapore can add to global recovery from Covid-19 with investment in innovation, collaboration: DPM Heng

SINGAPORE – Continued investment and global collaboration are ways in which Singapore can contribute to global recovery amid the coronavirus pandemic, said Deputy Prime Minister Heng Swee Keat on Monday (Dec 7).
Malaysian organisations honoured at the 2020 ASEAN Energy Awards

PUTRAJAYA, Malaysia, Dec. 7, 2020 /PRNewswire/ — Fifteen Malaysian organisations received various accolades at the ASEAN Energy Awards (AEA) 2020. The awards are the highest recognition bestowed on Southeast Asia public and private companies for their contribution to energy development in the ASEAN regions. Participated by all ASEAN member countries, the Award recipients were chosen based on their achievements during […]