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Elridge Energy, with 2024 revenue of RM389 million, recently commissioned a 20,000-tonne-per-month processing facility in Kuantan, bringing its total capacity to 100,000 tonnes per month.
Saudi Arabia's ambitious Vision 2030 renewable energy agenda is drawing international collaboration, with leading clean energy developer Green Stream LLC turning to Malaysia as a strategic hub for biomass expertise and scalable partnerships.
In a key development, Green Stream signed a Memorandum of Understanding (MoU) with ACE Market-listed Elridge Energy Holdings Bhd to explore opportunities in environmental infrastructure, biomass integration and alternative fuel solutions.