Malaysia | NEWS | Reccessary

Malaysia's digital investment surges with data centers comprising 76%

According to recent official statistics from Malaysia, from 2021 to the first half of 2024, the overall digital investment reached 162 billion Malaysian Ringgit (about 36.7 billion USD), with data centers accounting for the highest proportion at 76%. This

July 23, 2024

Market

Johor Plantation Group to raise $156 million in IPO to fund green initiatives

Johor Plantation Group (JPG), a Malaysian palm oil manufacturer, officially listed on Bursa Malaysia on July 9. The IPO is expected to raise MYR 735 million (about USD 156 million), which will be used for green production and reforestation.

July 09, 2024

Market

Malaysia's investment in Vietnam's coal plant sparks criticism

Malaysia’s EXIM Bank announced a cross-sea investment in Vietnam's Song Hau 2 coal-fired power plant, raising industry concerns about violating government energy transition and decarbonization commitments.

July 08, 2024

Regulation

Malaysia to phase out coal-fired power plants by 2044 for net-zero ambitions

Malaysia's Deputy Prime Minister revealed the country's timeline for phasing out coal-fired power plants to achieve its net-zero commitment by 2050. By 2035, Malaysia aims to reduce its coal power plants by half and retire all of them by 2044.

June 27, 2024

Market

Johor requires green energy for data centers to tackle power and water challenges

To meet the demands of cloud computing and artificial intelligence (AI), investments in data centers in Malaysia have surged. However, this has raised concerns about the shortage of power and water in Selangor, Johor.

June 20, 2024

Announcement

Malakoff launches biomass co-firing project, targets 15% capacity by 2027

Malakoff has recently launched its biomass co-firing project at its 2,100 MW coal-fired Tanjung Bin Power Plant (TBPP) in Pontian, Johor. It aims to co-fire up to 15% biomass with coal by 2027.

June 04, 2024

Malaysia's digital investment surges with data centers comprising 76%

Latest

Malaysia's digital investment surges with data centers comprising 76%

Johor Plantation Group to raise $156 million in IPO to fund green initiatives

Malaysia's investment in Vietnam's coal plant sparks criticism

Malaysia to phase out coal-fired power plants by 2044 for net-zero ambitions

Johor requires green energy for data centers to tackle power and water challenges

Malakoff launches biomass co-firing project, targets 15% capacity by 2027

Most Read

Malaysia's digital investment surges with data centers comprising 76%

Johor Plantation Group to raise $156 million in IPO to fund green initiatives

Malaysia's investment in Vietnam's coal plant sparks criticism

Malaysia to phase out coal-fired power plants by 2044 for net-zero ambitions

Johor requires green energy for data centers to tackle power and water challenges

Malakoff launches biomass co-firing project, targets 15% capacity by 2027

Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region

Malaysia launches Forest Conservation Certificate to fund conservation activities

News

Malaysia's digital investment surges with data centers comprising 76%

Latest

Malaysia's digital investment surges with data centers comprising 76%

Johor Plantation Group to raise $156 million in IPO to fund green initiatives

Malaysia's investment in Vietnam's coal plant sparks criticism

Malaysia to phase out coal-fired power plants by 2044 for net-zero ambitions

Johor requires green energy for data centers to tackle power and water challenges

Malakoff launches biomass co-firing project, targets 15% capacity by 2027

Most Read

Malaysia's digital investment surges with data centers comprising 76%

Johor Plantation Group to raise $156 million in IPO to fund green initiatives

Malaysia's investment in Vietnam's coal plant sparks criticism

Malaysia to phase out coal-fired power plants by 2044 for net-zero ambitions

Johor requires green energy for data centers to tackle power and water challenges

Malakoff launches biomass co-firing project, targets 15% capacity by 2027

Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region

Malaysia launches Forest Conservation Certificate to fund conservation activities

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