Northern Solar Holdings Bhd, a renewable energy company focused on solar power, has announced that its initial public offering (IPO) for the public portion has been oversubscribed by a staggering 73.2 times. The company, set to debut on Bursa Malaysia’s ACE Market, received an overwhelming 25,772 applications for 1.47 billion shares, amounting to RM924.59 million […]
Chinese battery giant CATL and Masdar, the UAE’s flagship renewable energy company, have announced a landmark partnership to develop the world’s largest solar and battery energy storage system (BESS) project in Abu Dhabi. The collaboration, unveiled on January 17, represents a transformative step in clean energy innovation, integrating solar power with cutting-edge battery storage technology […]
UEM Lestra Bhd, the green investment arm of Malaysia’s sovereign wealth fund Khazanah Nasional Bhd, has announced plans to invest RM2.5 billion in the first phase of a landmark solar energy project in Johor. The company has already secured key offtakers for the project, which is slated to begin operations by the end of 2027. […]
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