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KUALA LUMPUR (March 8): Thirteen green projects in renewable energy (RE), low carbon transport, water infrastructure and waste management are showcased and a sample pipeline of 60 projects in these areas have been identified in the newly-released Green Infrastructure Investment Opportunities Malaysia (Malaysia GIIO) report. Malaysia GIIO is prepared to meet the growing demand for green investment opportunities and to support transition to a low carbon economy. It aims to support Malaysia’s economic and climate goals by stimulating engagement around the financing of climate resilient infrastructure between project owners and developers and development finance institutions and international investors. In a statement today, the Climate Bonds Initiative said the report identifies and analyses multiple green infrastructure projects open for potential investment and development. ....
Electricity demand dips, renewable energy gains momentum 16 Dec 2020 / 10:41 H. Pix for representational purpose only. KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing. At the peak of the pandemic, only essential industries were allowed to operate, even some at only 50 percent capacity, while the rest of the industries were either shutdown or adapted to remote working practice. It resulted in a sudden decline in energy demand, especially in commercial and industrial usage. ....