The latest renewable energy news includes announcements on Lenzing, Gentari, Gamuda, clean energy fund in New Zealand, among others.
Lenzing Expands Austrian Solar PV Fleet with New Plant
Lenzing, a leading fibre technology group, has expanded its Austrian solar PV fleet with a newly commissioned plant, adding to its renewable energy capacity and reinforcing its decarbonisation roadmap. This strategic investment aligns with the company’s long-term sustainability targets of reducing carbon emissions and achieving climate neutrality. By focusing on solar PV technology, Lenzing ensures a reliable, low-cost, and clean energy source that directly supports its fibre manufacturing processes. The initiative reflects a strong customer focus, as global textile and nonwoven clients increasingly demand sustainably produced fibres. Innovation lies in integrating large-scale solar energy with industrial operations, setting a model for circular, low-carbon production. Key benefits include reduced reliance on fossil fuels, improved energy security, and enhanced ESG performance.
Gentari and Gamuda to Develop 1.5 GW Renewables for Malaysian Data Centres
Gentari and Gamuda have partnered to develop 1.5 GW of renewable energy capacity in Malaysia, targeting the fast-growing data centre sector. The strategic collaboration focuses on delivering clean power solutions to support the country’s digitalisation and green transition, with solar and other renewable technologies forming the backbone of the projects. This large-scale investment underscores a forward-looking strategy to meet rising energy demand while reducing carbon intensity. By prioritising technology integration, the partnership will ensure reliable, efficient, and sustainable power supply for hyperscale data centres. Customer focus is central, addressing corporate clients’ decarbonisation goals and energy resilience needs. Innovation lies in combining renewable generation with advanced energy management. Benefits include enhanced competitiveness, reduced emissions, and supporting Malaysia’s renewable energy roadmap.
New Clean Energy Fund to Drive Large-Scale Renewables in New Zealand
A new clean energy fund has been launched in New Zealand to finance large-scale renewable projects, aligning with the country’s decarbonisation strategy. The fund will focus on solar, wind, and storage developments to accelerate the energy transition and strengthen grid resilience. Backed by institutional investors, the initiative reflects strong market confidence in the nation’s clean energy sector. Its investment strategy emphasises scalable and impactful projects that can deliver long-term sustainability benefits. Technology integration, particularly battery storage, will be central to ensuring stability and efficiency. Customer focus highlights delivering reliable and affordable renewable power to meet growing demand. Innovation lies in financial structuring that attracts capital for green growth. Key benefits include job creation, emissions reduction, and advancing New Zealand’s 100% renewable energy targets.
Faheema P