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Tuesday, 3 November 2026

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Yinson GreenTech Joins Carbon Programme for EV Charging Network

Yinson GreenTech and Saxon Renewables will bring eligible EV infrastructure into EVolve, a registered carbon programme, with credit issuance still subject to verification.

By TLA AI Editor3 min read

Kuala Lumpur, 3 November 2026 – Yinson GreenTech has signed a participation agreement with Saxon Renewables to include eligible electric-vehicle activities in EVolve, a carbon programme designed to bring multiple charging infrastructures under a single project. The partnership aims to generate verified carbon credits from Yinson GreenTech’s EV-related operations, linking the expansion of electric mobility with Malaysia’s developing carbon-market activity.

EVolve is registered under Verra’s Verified Carbon Standard as Project 5416. The programme allows separate charging networks to be grouped within one project, subject to verification requirements. Yinson GreenTech and Saxon Renewables said their work will focus on integrating eligible infrastructure, strengthening operational data and monitoring for independent verification, and progressing towards possible credit issuance.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.