MBSB Research maintained its positive stance on the RE subsector.
PETALING JAYA: Solar remains a multi-year growth engine on top of the incoming battery energy storage system requirements, which will benefit engineering, procurement, construction and commissioning (EPCC) players, says MBSB Research.
The research house said Tenaga Nasional Bhd
(TNB) would be the key beneficiary in the asset ownership space from both renewable energy (RE) capacity expansion and grid upgrade investments.
