Malaysia's renewable energy (RE) sector is expected to enter a "multi-decade supercycle" as the country accelerates its energy transition. Hong Leong Investment Bank (HLIB) Bhd expects more ambitious RE targets in Malaysia's upcoming Nationally Determined Contribution (NDC) submission.

Two European startups said on Thursday they had hit milestones in recycling electric vehicle battery materials that will be needed to meet European regulations, reduce China's dominance of the entire battery supply chain and lower CO2 emissions.

Malaysia exported 54,665 tonnes of palm oil and palm-based products worth RM288.23 million to Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and Turkmenistan in Central Asia in 2024, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.

Fresh from finalising the large scale solar 5 (LSS5) winners, the Ministry of Energy Transition and Water Transformation (Petra) is targeting to kick off the bidding round for LSS6 in the second quarter of this year.

Sabah looks forward to becoming one of the major energy hubs in the Southeast Asia energy sector following the launching of a RM8.88bil (USD2bil) Oil and Gas, Energy Hub Project at the Sipitang Oil and Gas Industrial Park (SOGIP) here.

Malaysia and Türkiye have exchanged 11 Memoranda of Understanding (MoUs) to enhance cooperation in various sectors, in conjunction with Turkish President Recep Tayyip Erdoğan’s official visit to Malaysia from February 10-11.

The U.S. will withdraw from the Paris climate agreement, the White House said on Monday, removing the world's second-largest emitter of greenhouse gases from an effort to stop global warming. The move was announced shortly after Trump took the oath of office and reflects the president's skepticism about climate change.

As China further increases its renewable energy capacity, it is possible that it will be able to meet its new electricity demand this year. “With increased renewable energy capacity, it is increasingly possible that by 2025, renewable sources will meet all new electricity demand. This paves the way for China’s power sector to achieve peak emissions by 2025,” Greenpeace East Asia Beijing-based project lead Gao Yuhe said.

Malaysia, as the 2025 ASEAN Chair, has outlined an ambitious agenda prioritising energy, connectivity, and regional independence. Speaking at the World Economic Forum (WEF) Annual Summit 2025, Prime Minister Datuk Seri Anwar Ibrahim stressed the need for fostering trust and inclusivity among member nations while engaging constructively with major global powers.

Solar power overtook coal in the European Union’s electricity mix for the first time last year, while wind power’s share plateaued, data from energy think tank Ember showed on Thursday. The EU is seeking to increase its renewable power generation as part of efforts to cut emissions and reach its climate targets as well as cutting its reliance on fossil fuel imports to help boost energy security.

Tenaga Nasional Bhd (TNB) (KL:TENAGA) is propelling Malaysia’s rapid expansion in the global renewable energy (RE) market with the launch of the 102 megawatt (MW) Eastfield and Bunkers Hill solar farms in the United Kingdom. It was launched by Malaysian Prime Minister Datuk Seri Anwar Ibrahim here on Thursday.

Datuk Seri Anwar Ibrahim expressed optimism that Tenaga Nasional Bhd's (TNB) foray into the renewable energy (RE) sector in the United Kingdom will yield shield significant long-term benefits for Malaysia, particularly in terms of technology transfer.