LSS programme back with 2GW quota, up to 500MW per developer
The latest LSS programme will introduce a new category of floating solar with a total quota of 500MW.
The latest LSS programme will introduce a new category of floating solar with a total quota of 500MW.
“Considering its significant potential, the installation of solar PV systems in residential premises should be expanded to support the government's efforts to increase RE capacity in the electricity supply system to 70% by 2050 and to reduce carbon emissions from the electricity supply sector.
He now holds a deemed stake of 850.
The property developer said the project, located on 141 acres of industrial land in Desa Cemerlang, will upon completion be expected to yield 12.
Of the RM100 million contract value, RM92 million is the contract price while the remaining RM8 million is the optional items price.
The expansion of NEM also follows the recent announcement by Prime Minister Datuk Seri Anwar Ibrahim in Budget 2024 to extend the application period for the current NEM programme to end-2024, from end-2023 currently.
“Our steadfast dedication to environmental sustainability, social responsibility and robust governance practices underscores our promise to provide top-quality services.
The total quota of 800MW under CGPP has now been fully subscribed.
Looking ahead, the group acknowledged challenges in the domestic property sector due to higher interest rates, ongoing inflation and an oversupply of properties in different markets and segments.