[NEW UPDATE] Malaysia To Accelerate "Smart Grid" Modernisation
Malaysia's Prime Minister Najib Razak announced the launch of a RM320 million clean energy fund at a meeting of sustainable development experts.
By Melody Oei — 24 Sep 2013, 12:59 PM — Updated over 10 years ago
Malaysia will also accelerate its electricity "Smart Grid" modernisation under a second parallel agreement
Under a second parallel agreement announced between General Electric, Green Tech and Tenaga Nasional Bhd (TNB), Malaysia's main power provider, the country will also accelerate its electricity "Smart Grid" modernisation.
bernama.com.my
A “smart grid” uses technology to collect practical information about electricity use and supply — insights useful to improving the efficiency, reliability, economic and sustainability of electricity production and distribution.
Meanwhile, three MSC Malaysian companies today formalised their international ventures, witnessed by Najib in leading the global hub of technology and innovation, Silicon Valley.
asianscientist.comMalaysia's interest in new fund will be managed by MIGHT represented by its wholly-owned subsidiary, MIGHT Technology Nurturing Sdn Bhd
AEI is an offshore investment arm of Industrial Decisions, Inc. (IDI) of Japan, which is under the umbrella of Mizuho Financial Group.
Malaysia's PM Najib Razak announces launch of RM320 million clean energy fund
Malaysia's Prime Minister Najib Razak announced the launch of the fund on Monday, 23 Sept, at a meeting of sustainable development experts in San Francisco in the United States.
thestar.com.myMalaysia and Japan-based Asian Energy Investments Pte Ltd. launched the venture capital fund to invest in clean energy projects in SEA
Malaysian fund management company Putra Eco Ventures Inc. will channel the fund's investments into small and medium-sized companies and technologies such as wind, solar or tidal energy.
reuters.com
A new Malaysian fund management company Putra Eco Ventures Inc. will help find cheaper biodiesel feedstocks for Malaysian biodiesel plants which have been idled
"We hope to...further transform Malaysia into a knowledge-based, innovation-driven economy that is environmentally friendly while aiming to join the ranks of developed nations," said Najib.
reuters.com
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