The Net Energy Metering (NEM) scheme is transforming Malaysia’s energy landscape by enabling consumers to generate their own electricity and contribute to the national grid. Under the initiative, participants with solar photovoltaic (PV) systems can offset their energy costs and receive credits for surplus electricity supplied to the Tenaga Nasional Bhd (TNB) grid. This government-led […]
AMP Wealth Management New Zealand has made significant strides in expanding its Global Climate Fund, with a recent international partnership involving BlackRock, the US-based investment giant. The Kiwi wealth manager announced an initial capital injection of $28 million into BlackRock’s Global Renewable Power Fund IV. This fund is currently focused on solar energy investments, specifically […]
Malaysia’s Sustainable Energy Development Authority (SEDA) has announced that the 350 MW capacity allocated for residential solar under its net metering initiative has been fully subscribed. However, capacity remains available for government buildings, as well as commercial and industrial users, under the same program. The 350 MW quota for residential solar was set under the […]