The Malaysian Green Technology and Climate Change Corporation (MGTC) has forged several strategic partnerships focusing specifically on the expansion of energy management standards and solar energy projects. These partnerships were formed on the final day of the 15th edition of the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) held at Kuala Lumpur Convention Centre (KLCC) here today.

Malaysia will be the leading country in ASEAN in terms of energy transition and smart grid, with the help of Tenaga Nasional Berhad (TNB), said Trilliant Networks Inc. Trilliant Networks chairman and chief executive officer Andy White said their partnership with TNB since 2017 helped to accelerate the country's vision towards energy transition. He also applauded TNB's achievement of deploying 4.5 million smart meters across Malaysia this year, en route to the vision.

Sarawak is set to make history once again by becoming the first state in Southeast Asia to introduce a method of generating renewable energy from grass. According to a Sarawak Public Communication Unit (Ukas) news report, Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg announced that the cultivation of 800 acres of tropical hybrid grass in Bintulu is being used to produce biomass, a raw material for generating renewable energy that can be harvested every three months.  

Malaysia is planning to establish a task force with Laos to strengthen cooperation in developing the energy sector of both countries, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who is also the minister of energy transition and water transformation, said the task force was among the matters discussed in the bilateral meeting with Laos Minister of Energy and Mines Phoxay Sayasone. The bilateral meeting was held in conjunction with the two-day 42nd Asean Ministers on Energy Meeting (AMEM) beginning Thursday.

The Malaysian government is preparing to transition the country’s manufacturing industry from a voluntary to mandatory extended producer responsibility (EPR) scheme over a three to five-year timeframe, according to a new national circular economy framework for the sector.

Britain will become the first G7 country to end coal-fired power production on Monday with the closure of its last plant, Uniper’s (UN0k.DE), opens new tab Ratcliffe-on-Soar in England’s Midlands. It will end over 140 years of coal power in Britain. In 2015 Britain announced plans to close coal plants within the next decade as part of wider measures to reach its climate targets. At that time almost 30% of the country’s electricity came from coal but this had fallen to just over 1% last year.

Novel lithium extraction technique harnesses solar energy, offering an efficient alternative amid rising demand for the metal. Chinese scientists say they have discovered a promising and sustainable method for extracting lithium from seawater, offering an efficient alternative amid increasing demand for the key battery metal in renewable energy technologies while minimising the environmental impact. The surge in production of new energy vehicles and energy storage devices has led to a robust demand for lithium.

The guidelines introduce the Corporate Renewable Energy Supply Scheme (CRESS), which aims to help companies in Malaysia source renewable energy. The scheme allows businesses to buy green electricity directly from renewable energy developers (REDs) through open access to the electricity grid. It is part of Malaysia’s effort to address climate change and achieve a renewable energy target of 70% by 2050.

Tripling renewable energy capacity and doubling energy efficiency by 2030 to meet COP28 goals are “feasible”, the International Energy Agency has said in a report. The document, published on Tuesday, says that while conditions are favourable, hitting the targets – “the North Star for what the energy sector needs to do” – will require a huge push to boost storage capacity and grid connections.

The Asian Development Bank (ADB) has approved a US$500 million policy-based loan to help Indonesia accelerate its energy transition. The Affordable and Sustainable Energy Transition Programme will support various policy measures to help the country achieve its enhanced natonally determined contribution and net-zero power emission targets by 2050. This programme is the first of two subprogrammes. The bank's country director for Indonesia, Jiro Tominaga, in a statement stated: "Indonesia is at a critical junc ture in its energy transition journey."

TENAGA Nasional Bhd (TNB) has entered into an agreement with Singapore’s power company, Keppel Electric, to supply up to 100 megawatts (MW) of electricity to the island nation. This cross-border deal, leveraging existing power interconnections, marks a significant step in strengthening energy cooperation between Malaysia and Singapore. The agreement is part of the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP), aimed at enhancing energy security and sustainability across ASEAN.

Tenaga Nasional Bhd or TNB, has launched its inaugural Transition Finance Framework, outlining the utility giant’s plan to engage in sustainable finance transactions (SFTs) in the form of loans or sukuk, to fund projects that will deliver positive societal and environmental impacts in support of its decarbonisation and energy transition efforts.