ZCCM Investments Holdings Plc’s Post

We are proud to share 2 recent achievements of our client, JENTAYU SUSTAINABLES BERHAD (JSB), in their significant strides as leading developers / asset owners in the renewable energy sector. 1. Securities Commission Malaysia (SC) has approved strategic acquisitions of Telekosang Hydro and Jentayu Solar assets. This milestone reflects JSB's exponential growth and commitment to #green energy initiatives. 🌿 2. JSB also received the initial letter of notification (ILON) from the Energy Commission of Sabah for Project Oriole. This is a major step in the project approval process and symbolises the Sabah government's proactive stance in embracing renewable energy solutions to meet the energy demands. ⚡ JSB continues to strengthen its foothold in the #hydropower and #solar sectors, and forges ahead with remarkable momentum. Further details of JSB’s recent developments can be found here: https://lnkd.in/gU4_mV9e #DNPLawGroup #DNPNow #IngeniousAdvice #renewableenergy #solarenergy #SC #acquisitions #ECOS

🚀【𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐖𝐚𝐭𝐜𝐡】𝐉𝐮𝐧𝐃𝐚 𝐒𝐡𝐚𝐫𝐞𝐬 𝐭𝐨 𝐈𝐧𝐯𝐞𝐬𝐭 $𝟕𝟎𝟎𝐌 𝐢𝐧 𝐎𝐦𝐚𝐧 𝐟𝐨𝐫 𝐏𝐕 𝐂𝐞𝐥𝐥 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 JunDa Shares, a top PV cell manufacturer, inks a deal with Oman Investment Authority to build a 10GW Topcon PV battery plant. The $700M investment will be implemented in two 5GW phases. JunDa aims to strengthen its global presence, meet overseas demand, and contribute to Oman's renewable energy goals. The company is also pursuing a Hong Kong listing to fund overseas expansion, R&D, and operations. This Oman investment marks a significant step in JunDa's global ambitions, leveraging Hong Kong financing to build a Middle East base and target the world market. #SolarEnergy #GreenEnergy #pv #photovoltaic #Battery #cell #CleanEnergy #EnergyTransition #Topcon #RenewableEnergy #Oman #MiddleEast

Anyone has any references on international ownership restrictions on renewable energy in Malaysia? As far as I know, and maybe this is applicable only to Large Scale Solar (LSS), foreign entities are not allowed to own more than 49% equity in a joint venture or in asset ownership. This is stated in the Guideline on LSSPV (1) published by Suruhanjaya Tenaga (Energy Commission) - refer to picture below. That said, I had found some exceptions in the past year on this rule (disclaimer: or maybe lack of understanding/foresight on the subject). In December 2023, CITAGLOBAL BERHAD and Masdar (Abu Dhabi Future Energy Company) and TIZA Global Sdn Bhd had entered into a 40:60 joint development agreement (2). While in July 2024, Citaglobal had entered into an agreement to form a special purpose vehicle (SPV) to pursue waste-to-energy projects with SUS ENVIRONMENT whereby the former was proposed to own 49% while the latter 51% (3). Is anyone aware of the relaxation on this restriction (maybe given on a case by case basis) to attract more #FDI into Malaysia? #marketresearch #energy Source: (1) https://lnkd.in/g3Fs-8QC (2) https://lnkd.in/gaHTpFBr (3) https://lnkd.in/gJ74fz5B

EDC, SMI team up to speed up Indonesia’s energy transition, infra development Export Development Canada (EDC) and PT Sarana Multi Infrastruktur (Persero) (SMI) have announced the signing of a new Memorandum of Understanding (MoU) to increase collaboration in support of Indonesia’s growing needs for infrastructure development and energy transition to net zero emissions. The MoU, which was signed by both parties at a SMI Donor Coordination Meeting ... ... read complete story at https://lnkd.in/eFP4hhm2 #energytransitionnewsindonesia #energytransition #renewablenewsindonesia #renewable #renewables #energy

JinkoSolar to form JV with Saudi PIF, Vision Industries to build solar cell manufacturing unit ◾ Chinese module maker JinkoSolar is leading a consortium that plans to build a 10 GW solar cell and module factory at an unspecified location in Saudi Arabia. ◾ The company is operating through its local subsidiary, JinkoSolar Middle East DMCC, and partnering with Saudi-based consultancy Vision Industries (VI) and Renewable Energy Localization Company (RELC), a wholly-owned unit of Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia. ◾ “Pursuant to the Agreement, Jinko Middle East, RELC and VI agree to form a joint venture in Saudi Arabia with Jinko Middle East, RELC and VI holding 40%, 40% and 20% equity interest, respectively,” JinkoSolar said in a statement. “The formation of the joint venture is subject to customary preconditions, including obtaining the requisite regulatory approvals.” ◾ The $1 billion project should be financed through internal funds and external financing. The company did not reveal more details about the plan. ◾ Bin Omairah Holding currently operates a 1.2 GW solar module assembly factory in Saudi Arabia. The facility is located in the industrial district of Tabuk, northwestern Saudi Arabia. Spanish PV equipment supplier Mondragon Assembly provided the factory's production equipment. The source: PV Magazine #energyticslimited #energyefficiency #renewableenergy #solarenergy #solarcellmanufacturingunit

NTPC Green Energy, a subsidiary of NTPC, has filed for an IPO to raise ₹10,000 crore through a fresh issue, with shares offered only to existing NTPC shareholders. Proceeds will be used for debt repayment and investment in renewable energy projects, including ₹4,000 crore in FY25 and ₹3,500 crore by FY26. NTPC, India’s largest energy company, has diversified into renewable energy to reduce its carbon footprint. However, key risks include reliance on a few major offtakers for revenue, third-party suppliers, and cost management under Power Purchase Agreements (PPAs). Expanding into green hydrogen and energy storage also requires substantial capital. Listen in Watch: https://lnkd.in/gyAEVgRj | #ntpcipo #investmenttips #greenenergy #greenenergyipo #ipoalert Sakshi Batra ICICIDirect 

20 Years of Powering Tanzania's Growth. Click https://lnkd.in/dCKtwXma to read the full report on our performance in 2023.

NTPC Green Energy Ltd, a subsidiary of NTPC Ltd, has received SEBI's approval to raise ₹10,000 crore through an initial public offering (IPO). The IPO, featuring a face value of ₹10 per share, includes a reservation for eligible employees. Proceeds of ₹7,500 crore will fund investments in NTPC Renewable Energy Ltd and assist with outstanding borrowings. As of June 30, 2024, NTPC Green is the largest public sector renewable energy enterprise (excluding hydro) in India, operating multiple solar and wind projects. The company reported impressive revenue growth, with a CAGR of 46.82% and profit after tax growing at 90.75% over the past two years. By Hitanshi Kothari Article link - https://lnkd.in/daeZ2yK3 #NTPCGreenEnergy #IPO #InvestmentOpportunities #RenewableEnergy #SustainableInvesting #CleanEnergy #MarketTrends #FinancialGrowth #GreenInvestments #EnergySector #TeamMarksmen #MarksmenDaily #InFocus

With Major #Investments, TNB Prepares for #Malaysia’s Energy Transition Tenaga Nasional Berhad (TNB) gears up for Regulatory Period 4 (RP4) 2025-2027 with substantial capital expenditure (capex) aimed at bolstering Malaysia’s #energytransition and meeting the projected growth in #electricity demand.

🌍 TotalEnergies Marks a New Era in African Energy with AKPO West Field 🌍 TotalEnergies has once again demonstrated its commitment to driving the energy sector forward with the commencement of production at the AKPO West field, offshore Nigeria. This pivotal development represents a significant boost in the company's production capabilities and a notable achievement in sustainable energy practices. 🛢️ Key Highlights of the AKPO West Project 🛢️ Production Surge: The field is set to ramp up its output, targeting 14,000 barrels per day of condensate by mid-2024. Furthermore, a substantial increase in gas production is projected by 2028, estimated at 4 million cubic meters per day. Strategic Development: Located 135 kilometers offshore in the PML2 licence area, AKPO West benefits from the existing infrastructure of the AKPO floating production, storage, and offloading vessel. This strategic utilization underscores TotalEnergies' focus on efficiency and innovation. Impressive Production Records: The Akpo field has already demonstrated its production prowess, averaging nearly 70,000 barrels per day of condensate from January to November 2023. 🌱 Commitment to Sustainability 🌱 Reduced Emissions: Embracing its responsibility towards the environment, TotalEnergies ensures that Akpo West operates with lower greenhouse gas emissions. The project's carbon intensity is projected to be below five kilograms of CO2 equivalent per barrel of oil equivalent, aligning with the company's goal to minimize its carbon footprint. Cost Efficiency: By leveraging the existing Akpo infrastructure, TotalEnergies effectively manages costs while maintaining environmental stewardship. 🤝 Collaborative Success 🤝 Strong Partnerships: TotalEnergies operates the PML2 licence with a 24% stake, in collaboration with co-venturers CNOOC, Prime 130, and Sapetro. This venture is a testament to the power of collaboration in achieving energy milestones. Government Partnership: The project is under the concession of the Nigerian National Petroleum Corporation, illustrating a successful public-private partnership. This new venture not only signifies TotalEnergies' growing presence in Nigeria but also reinforces its dedication to sustainable and innovative energy solutions. Stay tuned for more updates as TotalEnergies continues to shape the future of energy! #TotalEnergies #AkpoWest #SustainableEnergy #OilAndGasIndustry #Innovation #Nigeria