You are here: Home » Geography » Malaysia
Malaysia
More News and Commentary
IEEFA
PV Tech: Malaysia’s installed solar capacity is expected to increase fourfold by 2030, driven by a successful tender policy and improved financing incentives, according to a new report from Fitch Solutions. The consultancy has revised its solar forecasts for Malaysia, in part due to increasing investor interest in the market and new project announcements, as […]
IEEFA
PV Tech: Masdar has signed an agreement with Malaysian state-owned energy firm Petronas to explore the development of large-scale solar projects in Asia and the Middle East. A new memorandum of understanding will see the two companies work together to participate in solar and wind opportunities for utilities as well as commercial and industrial customers, […]
IEEFA
Power Magazine: Floating energy storage systems are being developed for use in areas wanting to increase their use of renewable energy, but with constraints on the land available that could be used for solar and wind farms or land-based energy storage. Southeast Asia is one area ready to utilize such installations. The technology group Wärtsilä […]
Press Release and Bruce Robertson
Pakistan and Bangladesh have already cancelled tenders for LNG imports
14 January 2020 (IEEFA): Emerging markets such as Vietnam, Pakistan and Bangladesh that are turning to liquefied natural gas (LNG) as a source of power are likely to be hit by higher and more volatile prices going forward, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). Author […]
Tim Buckley
The first emerging markets bank to announce a progressive coal exit policy
Malaysia’s CIMB Group Holdings (CIMB) has announced a comprehensive coal exit policy with a commitment to phase out both project and general corporate financing of thermal coal mining and coal-fired power generation across its portfolio by 2040. This is a first in several ways. CIMB is the first Malaysian bank to act on a formal […]
IEEFA
Eco-Business: Malaysian bank CIMB has unveiled a comprehensive climate policy that rules out any exposure to coal power by 2040, aligning Southeast Asia’s fifth-largest bank with the Paris Agreement on climate change. The Kuala Lumpur-headquartered financial services group announced on Tuesday (8 December) that it will prohibit asset-level or general corporate financing for new thermal […]
Clark Williams-Derry and Seth Feaster
Bear market for coal, new financial pressures push world’s largest coal company towards default
Just three-and-a-half years after emerging from its previous bankruptcy, Peabody Energy—the world’s largest private coal miner—admitted to investors on Monday that it could face yet another trip to bankruptcy court in the coming months. Coal bankruptcies in the United States have become increasingly common. Cheap gas and renewable power have steadily replaced coal in the […]
IEEFA
PV Magazine: Malaysian solar project developer Solarvest Holdings Berhad has completed construction on a 13 MW floating solar power plant in Dengkil, Sepang District, in the Selangor state on the west coast of Peninsular Malaysia. The plant features 38,790 JAP72D09 335W solar modules from Chinese manufacturer JA Solar and three SG3400HV-MV-20 central inverters from China-based […]
IEEFA
Reuters: Japanese trading house Mitsui & Co Ltd plans to sell its remaining stakes in coal-fired power stations by the end of the decade as it shifts to gas from coal to help achieve its 2050 net zero emission target, its chief executive told Reuters. “We still own stakes in coal-fired plants in Indonesia, China, […]
IEEFA
Renewables Now: Norwegian power producer Scatec Solar ASA today announced the commercial operation of the 47-MW Redsol photovoltaic (PV) plant in Northwest Malaysia. Now that it is hooked to the grid, the solar park will supply some 67 GWh of power per year, offsetting around 44,000 tonnes of annual carbon dioxide (CO2) emissions. It has […]
IEEFA: Over US$50 billion in gas power projects and LNG import facilities at risk of cancellation in Bangladesh, Pakistan and Vietnam
Pakistan and Bangladesh have already cancelled tenders for LNG imports14 January 2020 (IEEFA): Emerging markets such as Vietnam, Pakistan and Bangladesh that are turning to liquefied natural gas (LNG) as a source of power are likely to be hit by higher and more volatile prices going forward, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). Author […]