Malaysia’s Ministry of Energy Transition and Water Transformation (Petra) has announced a new round of bidding for the development of 2,000 megawatts (MW) of solar power projects. This initiative falls under the Large Scale Solar (LSS) programme, aiming to increase the country’s renewable energy capacity. According to Petra, the bidding process is divided into two categories. Package A focuses on ground-mounted solar power plants with capacities ranging between 30 MW and 500 MW. This category has a total allocation of 1.5 gigawatts (GW). Package B is designed for floating or water-based solar projects, with capacities ranging from 10 MW to…
Author: Lakshita Kapoor
The Nusantara Sembcorp Solar Energi Power Plant, Indonesia’s first large-scale solar and energy storage project, has been launched by PT Sembcorp Renewables Indonesia and PT PLN Nusantara Renewables. This project combines solar energy generation with battery storage to provide a steady supply of electricity. The facility spans 87 hectares in Nusantara, Indonesia. It includes a 50-megawatt solar farm and a battery energy storage system (BESS) with a capacity of 14.2 megawatt-hours. The storage system allows electricity generated during sunny periods to be stored and used later, improving energy availability during periods of lower solar output. This is the first major…
Sarawak Petchem Sdn Bhd has announced plans to develop a green methanol plant in Tanjung Kidurong, Bintulu. The project was initiated during a ceremony led by Sarawak Premier Abang Johari Tun Openg. The plant will use renewable energy-powered water electrolysis and captured carbon dioxide to produce green methanol. According to Sarawak Petchem, green methanol can be used as a sustainable marine fuel. It reduces carbon dioxide emissions and supports efforts to address climate change. The plant aims to help Sarawak transition to greener energy and contribute to the global energy shift. The Sarawak Methanol Complex in Tanjung Kidurong, also developed…
Alternergy Holdings Corporation has raised $17.07 million (PHP 1 billion) through a loan provided by Rizal Commercial Banking Corporation (RCBC) to fund the construction of the 28 MW-peak Balsik Solar Power Project located in Hermosa, Bataan, Philippines. The project is planned to be finished by mid-2025. The Balsik Solar Power Project is part of Alternergy’s plans to expand renewable energy production in the Philippines. Construction of the plant is currently ongoing. Once operational, it will contribute to the country’s shift toward cleaner energy sources. In addition to the Balsik project, Alternergy has also worked with RCBC to secure financing for…
The Bugallon Solar Power Project, located in Pangasinan, Philippines, has secured financing and begun construction. The project is a joint venture between Vena Energy and MGen Renewable Energy Inc. It has a planned capacity of 550 megawatts (MW). The project is partly financed through a $325 million Green Loan facility. Security Bank Corporation, Rizal Commercial Banking Corporation (RCBC), and Philippine National Bank (PNB) are the lenders and hedging banks for the loan. SB Capital Investment Corporation, RCBC Capital Corporation, and PNB Capital and Investment Corporation are the lead arrangers, while RCBC acts as the green loan coordinator. Construction of the…
JERA Co., Ltd. and East Japan Railway Company (JR East) have entered into an agreement to introduce a corporate power purchasing model focused on renewable energy. This arrangement will enable JR East to source electricity generated offsite from clean energy facilities. The initiative is designed to provide renewable power to JR East’s commercial operations, starting from February 1, 2025. Under the agreement, JERA will supply solar energy through its subsidiary, JERA Cross Inc., which will act as the aggregator. East Japan Railway Trading Co., Ltd., a JR East subsidiary, will retail this electricity to Atre Oimachi and Lumine Yokohama, two…
The Asian Development Bank (ADB) has agreed to provide $92.6 million in funding to PT Supreme Energy Muara Laboh (SEML) to expand geothermal energy production in Indonesia. The project, located at Muara Laboh in West Sumatra, will include the development of a new geothermal power plant. Once completed, the plant is expected to have a generation capacity of approximately 83 megawatts (MW). The funding package is made up of contributions from various sources. ADB is supplying $38.8 million from its regular financial resources. Another $38.8 million is coming through a syndicated loan from Sumitomo Mitsui Banking Corporation, with ADB serving…
Malaysia and Japan are strengthening their energy cooperation with a focus on hydrogen energy development. This was announced during Japanese Prime Minister Shigeru Ishiba’s recent visit to Malaysia. Malaysian Prime Minister Anwar Ibrahim confirmed that Japan has agreed to support Malaysian energy firms Petros and Petronas in advancing hydrogen energy projects. The Malaysian leader stated that both countries aim to expedite this collaboration. A potential timeline for further discussions was suggested for May 2025, to take place in either Tokyo or Kuala Lumpur. The partnership will also include joint efforts in carbon dioxide capture and storage, ammonia-based power generation, power…
Sabah Electricity (SE) has launched two renewable energy projects in the state of Sabah, Malaysia. These initiatives aim to support the region’s energy transition by increasing the use of solar power and energy storage technologies. The first project is a 15-megawatt alternating current (MWac) Large-Scale Solar Photovoltaic (LSSPV) installation in Kampung Langkon, Kota Marudu. The Energy Commission of Sabah (ECoS) offered SE the opportunity to develop this project, which was formalized through a Letter of Notification. SE is working on the project in partnership with TNB Renewables Sdn Bhd (TRe). Once operational, the solar facility will supply renewable energy to…
Eurus Energy and GE Vernova’s Onshore Wind business are collaborating on the development of two wind farms in Aomori Prefecture, Japan. The projects, named Iwaya and Shitsukari, will be located near Higashidori in northern Japan. The wind farms will use a total of 14 wind turbine units supplied by GE Vernova. According to Eurus, the projects are scheduled to become operational in 2028. Once completed, the wind farms are expected to contribute to Japan’s renewable energy goals. These goals are part of the Ministry of Economy, Trade, and Industry’s 6th National Electricity Mix, which aims to increase the share of…