Malaysia-based Ditrolic Energy has secured a significant capital injection of US$673 million (RM3.18 billion) to accelerate the development of solar projects in the Asia-Pacific region. The investment, led by a BlackRock affiliate, will support the deployment of more than 1GW of solar projects in the region’s emerging markets.
This significant financing round underscores Ditrolic Energy’s leadership position in solar energy and the company’s commitment to advancing sustainable energy solutions in the Asia-Pacific region. The company’s extensive experience in developing and operating solar projects, coupled with its innovative EnerLoop technology, enables it to play a key role in the energy transition in the Asia-Pacific region.
Ditrolic Energy’s EnerLoop solution encompasses a comprehensive range of clean energy services, including carbon tracking, battery storage systems and green power sales. This integrated approach enables the company to provide customers with comprehensive, sustainable energy solutions.
The funding will support Ditrolic Energy’s expansion into new markets, including Malaysia, Bangladesh, Indonesia and the Philippines. The company aims to establish Malaysia as its central investment hub, focusing on key energy transformation projects within approved markets in the Asia Pacific region.
Through this major investment, Ditrolic Energy will make a significant contribution to the energy transition in the region. The company’s commitment to innovation and sustainability aligns well with the growing demand for clean energy solutions in the Asia Pacific region.
This funding round is a significant milestone for Ditrolic Energy and reflects growing confidence in the company’s ability to deliver sustainable energy solutions at scale. With strong financial backing and expertise, Ditrolic Energy is well positioned to play a leading role in shaping the energy future of the Asia-Pacific region.