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. […]
Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, to support a solar energy generation project. The collaboration aligns with Malaysia’s National Energy Transition Roadmap (NETR) and the nation’s objective of achieving net zero carbon emissions by 2050. Speaking […]
Japan is poised to face a significant environmental challenge in the coming decades as the country grapples with the disposal of used solar panels. This issue stems from the rapid expansion of solar power generation following the catastrophic 2011 nuclear disaster at Tokyo Electric Power Company Holdings Inc.’s (Tepco) Fukushima No. 1 nuclear plant. Millions […]