News
Malaysia
August 20, 2024
Malaysia aims to attract RM 300 bln of green investment by 2030
To advance its green economy, the Malaysian government has set ambitious goals, vowing to significantly increase green investment, with a target of reaching 300 billion ringgit (about 72 billion USD) by 2030.
August 12, 2024
Infineon launches world’s largest SiC power semiconductor plant in Malaysia
Infineon Technologies, a leading German semiconductor manufacturer, officially inaugurated the world's largest silicon carbide (SiC) power semiconductor manufacturing facility in Malaysia on August 8.
August 08, 2024
Malaysian government releases first solid waste circular economy blueprint
The Malaysian government unveiled its first Circular Economy Blueprint for Solid Waste (2025-2035) on August 6, outlining a 10-year policy direction for solid waste management.
July 30, 2024
Malaysia's CRESS initiative to grant third parties grid access from September
Malaysia's electricity market is gradually moving toward liberalization, with the Corporate Renewable Energy Supply Scheme (CRESS) expected to launch in September.
July 23, 2024
Malaysia's digital investment surges with data centers comprising 76%
According to recent official statistics from Malaysia, from 2021 to the first half of 2024, the overall digital investment reached 162 billion Malaysian Ringgit (about 36.7 billion USD), with data centers accounting for the highest proportion at 76%. This
July 09, 2024
Johor Plantation Group to raise $156 million in IPO to fund green initiatives
Johor Plantation Group (JPG), a Malaysian palm oil manufacturer, officially listed on Bursa Malaysia on July 9. The IPO is expected to raise MYR 735 million (about USD 156 million), which will be used for green production and reforestation.
July 08, 2024
Malaysia's investment in Vietnam's coal plant sparks criticism
Malaysia’s EXIM Bank announced a cross-sea investment in Vietnam's Song Hau 2 coal-fired power plant, raising industry concerns about violating government energy transition and decarbonization commitments.
June 27, 2024
Malaysia to phase out coal-fired power plants by 2044 for net-zero ambitions
Malaysia's Deputy Prime Minister revealed the country's timeline for phasing out coal-fired power plants to achieve its net-zero commitment by 2050. By 2035, Malaysia aims to reduce its coal power plants by half and retire all of them by 2044.
June 20, 2024
Johor requires green energy for data centers to tackle power and water challenges
To meet the demands of cloud computing and artificial intelligence (AI), investments in data centers in Malaysia have surged. However, this has raised concerns about the shortage of power and water in Selangor, Johor.
June 04, 2024
Malakoff launches biomass co-firing project, targets 15% capacity by 2027
Malakoff has recently launched its biomass co-firing project at its 2,100 MW coal-fired Tanjung Bin Power Plant (TBPP) in Pontian, Johor. It aims to co-fire up to 15% biomass with coal by 2027.