Stocks and Markets
Mega First Downgraded to HOLD as Oleo JV Remains in the Red
Mega First’s earnings face currency pressure and weak Oleo JV performance, prompting a HOLD downgrade with a RM3.95 target price.
Category: Renewable Energy
Renewable Energy
Gamuda Deepens Australian Push as Renewable Mega-Projects Reshape Its Growth Strategy
Gamuda strengthens its Australian presence, using an equity-plus-EPC strategy to capture rising renewable mega-projects and secure long-term earnings visibility.
Analyst Report
Samaiden: Maintains BUY as Strong Order Book Supports FY26 Growth Outlook
Research maintains BUY on Samaiden as strong order book and LSS pipeline support growth despite quarter-on-quarter earnings softness.
Solar
Antaisolar Unveils Next-Generation AT-Spark Solar Tracking System for Utility-Scale Projects
Antaisolar launches AT-Spark, an intelligent solar tracker offering higher energy yield, cost efficiency, and full lifecycle support for utilities.
Energy
Global Energy Scenarios 2025: The next energy era
The global energy transition emphasizes clean electricity and electrification, requiring significant emissions reductions to limit warming to 1.9 degrees.
oil and gas
NGC Energy Nears 10 Mil Safe Man-Hours Amid Growing Demand for Safe Gas & Utilities Solutions
Founded in 2012, NGC Energy provides end-to-end gas and utilities engineering services, covering the full project lifecycle from design and regulatory approval to construction,…
Energy
US Power Prices Surge 13% as Data Center Boom Set to Drive Costs Higher by 2030
US electricity demand is rising sharply amid rapid data center expansion, with retail prices expected to peak closer to 2030.
Energy
Green Energy Stocks Surge 35%, Signaling Possible New Growth Cycle: Rystad Energy
Rystad Energy says green energy stocks’ 35% surge may mark a new growth cycle, driven by energy security and innovation.
Energy
Huawei Malaysia and OpenRE Partner to Advance AI-Driven Energy Storage Solutions
Huawei Malaysia and OpenRE sign MoU to develop AI-powered battery energy storage systems supporting Malaysia’s renewable energy and decarbonisation goals.
Energy
Sarawak-Singapore Power Link Gains Conditional Approval, Boosting Asean Energy Integration
Singapore has granted conditional approval for the Sarawak-Singapore Interconnection Project, enabling 1GW of renewable energy exports by 2035.
China
US Offshore Wind Falters as China Tightens Grip on Global Market
China is set to dominate global offshore wind capacity by 2030 as US projects stall amid policy reversals and rising costs.
Business News
Malaysia Advances Nuclear Energy Plans to Strengthen Energy Security, Says Minister
Malaysia is moving forward with nuclear energy plans to boost energy security, ensure stable power supply, and cut carbon emissions.
Analyst Report
MET Group Sees 23% Emissions Cut, Boosts Renewables in Report
MET Group’s 2024 Climate Report shows 23% emissions cut, 16% renewable growth, and significant green investments to accelerate Europe’s energy transition.
Company
Cheeding Holdings Powers Ahead with IPO to Drive Transmission and Utilities Growth
Cheeding Holdings to leverage IPO proceeds for transmission, underground, and substation projects, positioning as key proxy to TNB’s grid expansion.
Energy
B.Grimm Power Bets on Offshore Renewables for Growth, Trims Target Price to THB16
B.Grimm Power aims for earnings growth from offshore renewables, despite reducing its price target due to project delays.
Analyst Report
Renewables Enter New Growth Cycle, SLVEST Remains Top Pick
Apex Research keeps OVERWEIGHT on renewables; sees ATAP revival, LSS5+ RM12-14b jobs, CRESS boost, BESS game-changer; SLVEST top pick.