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Research house downgrades YTL Power to ‘hold’

PETALING JAYA: YTL Power International Bhd’s risk-reward is no longer compelling following a 19% gain since May 25, says Maybank Investment Research.


HSS looking to expand in water and power sectors

KUALA LUMPUR: HSS Engineers Bhd is looking to expand its presence in the water and power sectors, in line with projected increased government spending in these areas.


Power utilities sector remains a defensive play

PETALING JAYA: The power utilities sector remains a top bet for investors looking for defensive play, in view of the uncertainties related to the upcoming general election.


Six firms to generate 180 MW solar power in four states for TNB

PETALING JAYA: Utility giant Tenaga Nasional Bhd (TNB) signed power purchase agreements (PPAs) with six companies to construct and operate solar plants in peninsular Malaysia.


Edra gets double-A rating for power project

PETALING JAYA: Edra Energy Sdn Bhd, a company that used to be under 1Malaysia Development Bhd (1MDB) indirectly, managed to garner a AA3 rating with a stable outlook for a Islamic bond issue to build a power plant.


BMW turns to cow pies in pledge for 100% green power

BERLIN: BMW AG’s plan to switch exclusively to green electricity finds it tapping some unusual power sources, including a South African biomass plant that runs on cow dung and chicken droppings.


Parts of mainland still without power due to floods

GEORGE TOWN: Power supply on the island has been almost fully restored, while there is still power disruption on the mainland.

AseanPlus News

Plan for solar power station in space a world first

BEIJING: China is expected to be the world’s first country to build a practical solar power station in space, as long as it keeps investing in research and development, according to Li Ming, a research fellow from China Academy of Space Technology.


Traders betting Hurricane Harvey will curb power use

NEW YORK: Hurricane Harvey is forcing natural gas drilling platforms to evacuate and pipelines to shut, curbing supplies of the power-plant fuel across the Gulf Coast. So why aren’t electricity and gas prices skyrocketing?

AseanPlus News

Thailand power plant approval was unjust, claims academic

Bangkok: An academic claims that the Environmental and Health Impact Assessments (EHIA) approval for the Thepa coal-fired power plant was unjust, because local people did not have a chance to present to the expert committee before a final decision was made, and because the report was inconclusive.