Tenaga to power on with RE

TNB will continue to expand in the region in line with its international RE growth strategy through the establishment of a renewable asset company (RACo), with Vortex Solar and Tenaga Wind Ventures serving as seed assets.

PETALING JAYA: Tenaga Nasional Bhd (TNB) will continue to pursue growth in renewable energy (RE), both in the domestic and international markets, as it sees significant opportunities in this area.

As the world shifts to more sustainable energy sources and despite rising competition, TNB’s chief strategy and ventures officer Datuk Fazlur Rahman Zainuddin (pic, below) sees growth potential in the United Kingdom, Europe and South-East Asia.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

China regulator probes banks' property loan portfolio - sources
Oil prices hold steady as recession worries offset lower U.S. stocks
Proton inks deal to sell smart EVs in Malaysia, Thailand
StanChart Malaysia appoints Mak Joon Nien as MD and CEO
Asia shares ease, dollar holds firm after Fed minutes
SP Setia stays on track with RM1.67bil sales in 1H
Singapore delivery rivals form alliance to shape gig workers law
Impairments hit MISC's Q2 bottomline
Apple targets Sept 7 for iPhone 14 launch in flurry of devices
Investors take pause ahead of earnings results

Others Also Read