CRESS initiative gets the thumbs up

PETALING JAYA: Industry observers are largely optimistic about the impending introduction of the Corporate Renewable Energy Supply Scheme (CRESS) in September, despite its lack of details at this juncture.

Analysts and fund managers say the initiative is a move in the right direction in freeing up Malaysia’s renewable energy (RE) market, as the country accelerates along its commitment towards enforcing the National Energy Transition Roadmap (NETR).