Solar surge ahead for RE developers


PETALING JAYA: Renewable energy (RE) developers who were unsuccessful in the bid for the large-scale solar (LSS) projects in the previous programmes could benefit under LSS5+ where the requirement for bumiputra participation rate is set higher.

Kenanga Research sees strong chances for companies like Cypark Resources Bhd, Malakoff Corp Bhd, SD Guthrie Bhd, Sunview Group Bhd, JAKS Resources Bhd and Solarvest Holdings Bhd to secure LSS5+ awards, given their previous unsuccessful bids in LSS5 and their likely continued interest in the programme.

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solar , RE , LSS5 , EPCC

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