BiON enters solar power market with establishment of subsidiary and acquisition of solar assets

LONDON: BiON Plc has entered into the solar photovoltaic (PV) market with the establishment of BiON Suria Sdn Bhd, a solar-focused subsidiary, and its conditional acquisition of solar assets. This represents the first expansion of the Company’s activities into renewable energy sectors beyond biogas, in line with its stated strategy. BiON Suria has been established…

BiON acquires two biogas power plants in Malaysia

 LONDON: BiON Plc announced the acquisition of two biogas power plants from its associate company, Megagreen Energy Sdn Bhd (MGE), which increases its installed capacity to 7.0MW. Through its subsidiary, BiON Sdn Bhd (BSB), BiON has conditionally acquired two biogas power plants, Nasarudin and Seberang Perak (both in Perak, Malaysia), from its associate company, Megagreeen…