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.