At the same time, those with existing rooftop solar assets under earlier mechanisms can now upgrade and expand their solar system capacity and switch to the NEM programme as well.
Legasi Green is owned by Angelaxy Power (30%), Asanaga (30%), and Greenviro Solutions Sdn Bhd (40%).
An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova.
Of the RM100 million contract value, RM92 million is the contract price while the remaining RM8 million is the optional items price.
The total quota of 800MW under CGPP has now been fully subscribed.
The property developer said a consortium comprising SCSB and Total Energies Renewables SAS has met the criteria in the information guide for CGPP for the development of a 29.
The “cross-border RE sale will be conducted via an electricity exchange system to be set up by the government”, Rafizi said.
“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.
Greta Thunberg, the famous now-18-year-old activist from Sweden, may be a little consoled that several industry players in Malaysia are playing their roles in reducing the global temperature.
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