PETALING JAYA: reNIKOLA Holdings Bhd aims to expand its renewable energy (RE) portfolio by developing 50 compressed biomethane gas (CBG) projects in Indonesia with a total investment of more than RM1.4bil over the next five years.
reNIKOLA managing director Boumhidi Adel said through the CBG projects, the group hoped to reduce the impact of climate change and contribute to realising Indonesia’s target of achieving 29% renewable energy by 2030.
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