Malaysia will commence its first cross-border trade of renewable energy to Singapore this month, marking a significant milestone in regional energy collaboration. The Energy Transition and Water Transformation Ministry confirmed the initiative will supply 50 megawatts (MW) of green electricity as part of its broader push toward sustainability. The project, resulting from a competitive bidding […]

The UK government has announced a significant increase in its contribution to the World Bank, raising hopes for enhanced climate finance in low-income countries. At next week’s International Development Association (IDA) meeting in Seoul, the UK will pledge £1.98bn over three years—a 40% increase on its previous commitment. Anneliese Dodds, the UK development minister, emphasized […]

Yinson Renewables, the green energy arm of Yinson Holdings Bhd, has secured a senior secured green financing facility worth $59 million (£46.7 million) to advance its Matarani solar project in Peru. The funding, arranged by IDB Invest and Natixis Corporate and Investment Banking (Natixis CIB), underscores the growing commitment to renewable energy solutions in Latin […]