Solarvest says 3Q earnings more than doubled to RM5.2m, calls off three MOUs
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.
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.
"Our RE plans also reach beyond the Malaysian border.
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.
PETALING JAYA (Dec 16): Hong Leong Bank (HLB) and Hong Leong Islamic Bank have introduced HLB Solar Plus Loan/Financing-i, a green energy financing facility where homeowners could install solar power systems, on Wednesday (Dec 15).
KUALA LUMPUR (Dec 15): Bina Puri Holdings Bhd has signed a power purchase agreement (PPA) with Sabah Electricity Sdn Bhd (SESB) to develop a five megawatt alternating current (MWac) large scale solar photovoltaic (PV) plant in Kunak.
KUALA LUMPUR (Nov 19): Boustead Holdings Bhd has signed a memorandum of understanding (MoU) with a unit of Power Co Corp of China (PowerChina), to explore collaborations in renewable energy (RE) projects and other civil engineering and construction projects.
KUALA LUMPUR (Oct 26): Samaiden Group Bhd plans to raise up to RM34.
KUALA LUMPUR (Oct 20): Tenaga Nasional Bhd (TNB) has acquired a 49% stake in Blyth Offshore Demonstrator Ltd (BODL), an offshore wind farm company in the UK, from EDF Renewables (EDFR), a subsidiary of French utility company Électricité de France (EDF).