Malaysia’s national grid can take on more RE, says Irena chief
“This will also increase the appetite for investments, once you are sure you can deliver the electricity and be paid in return.
“This will also increase the appetite for investments, once you are sure you can deliver the electricity and be paid in return.
“We will continue to leverage our RE expertise in PV systems and power plants to seek more projects, as businesses and other organisations move towards more sustainable operations.
The group expects an increase in net profit of around RM7 million, as two of the three LSS4 projects are scheduled to be commissioned by May 2023.
With the tariff hike, it forecast that the steel industry’s annual electricity cost, which is estimated at RM1 billion in 2022, would rise to more than RM1.
“We must focus on the future of our planet and emphasise sustainability of renewable energy and Sunway Nexis is happy to partner with Samaiden as the solar PV investor as this will certainly help to raise awareness of RE and its benefits to the owners and tenants of the building.
"We are honoured to have MVA as our business partner in developing clean energy in the country, given its vast experiences and network in clean energy infrastructure.
"Our RE plans also reach beyond the Malaysian border.
By cutting down travel times, business productivity will improve, making the state an attractive location for investments, he said.
The associations raised the question as to why the EC requires such a large amount in deposit when the building owners are accountable for any replacement work.
KUALA LUMPUR (Dec 17): Utility firm NUR Power Sdn Bhd has inked a Memorandum of Understanding (MoU) with semiconductor outfit Austria Technologie & Systemtechnik AG (AT&S) to supply renewable energy for the latter’s upcoming plant in the Kulim Hi-Tech Park (KHTP) in Kedah.