Fast renewable energy awards by govt seen

TheStar Thu, Jul 15, 2021 09:20am - 2 years View Original


Green push: The solar panels that form TNB’s solar-wind-diesel hybrid power generating system are seen on Pulau Perhentian Kecil. The utility giant has outlined its aspiration to be the leading provider of sustainable energy solutions.

PETALING JAYA: Expectations are high among the investment community for further renewable energy (RE) plant awards by the government via the continuation of large-scale solar (LSS) contracts.

Following the robust bidding for the recently concluded LSS phase four tenders in March, TA Research said this was likely to lead to an acceleration of new LSS tenders.

“We believe that RE plant awards will continue to be dished out rapidly. This is likely through LSS tenders for plant capacities below 50 megawatts (MW), ” TA Research said in a report.

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