Advancecon inks two solar energy MOUs totalling 3,937 kWp
KUALA LUMPUR: Advancecon Holdings Bhd has entered into solar energy Memorandums of Understanding (MoUs) with furniture players Latitude Tree Furniture Sdn Bhd and Rhong Khen Timbers Sdn Bhd to install rooftop solar photovoltaic systems under the Net Energy Metering (NEM) scheme. Advancecon said it would undertake the engineering, procurement and construction of the solar photovoltaic systems […]
Gas Malaysia releases distribution access arrangement document
LAST Tuesday, Gas Malaysia Bhd (GMB) released the access arrangement document for its gas distribution pipelines as part of the requirement to allow the implementation of the third-party access (TPA) regime in the Peninsular Malaysia gas market. The document, approved by the Energy Commission (EC), was released by the natural gas distributor on its website.
Malakoff remains a defensive stock pick
MALAKOFF Corp Bhd remains an attractive stock pick for investors due to its valuation and stable income, despite operating in a challenging utility business. Affin Hwang Investment Bank Bhd analyst Ng Chi Hoong believes the independent water and power producer’s earnings will be relatively stable as they are mostly derived from capacity payments which are not […]
Jacobs Awarded Solar Photovoltaic Power Plant Contract in Malaysia
DALLAS, July 9, 2020 /PRNewswire/ — Jacobs (NYSE:J) was appointed by Hanwha Energy Corporation to deliver owner’s engineer services to support the design, engineering, procurement, construction, installation, testing and commissioning of a new 100 megawatt alternating current (MWac) solar photovoltaic power plant in Pekan, Pahang, Malaysia.
TNB’s six game changers to jump-start power sector
KUALA LUMPUR: Tenaga Nasional Bhd is focusing on six game-changing areas to spearhead the growth in the national power sector. They are “Grid of the Future”, building a global solar manufacturing hub, raising national competitiveness through energy efficiency, electrifying mobility for Malaysia, advancing connectivity for the country’s digital economy and “Reskilling Malaysia”.
Oil prices outlook still uncertain as demand slow down, says Malaysia’s Sapura
KUALA LUMPUR, July 3 (Bernama): The outlook for oil prices outlook will continue to be uncertain, largely driven by the double jeopardy of a slowdown in demand and unabated supply from producers, said Sapura Energy Bhd. President and group chief executive officer Tan Sri Shahril Shamsuddin said accordingly, the oilfield services and equipment as well […]
Give us more assistance to recover, FMM requests energy providers
PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) has called for more assistance from energy providers to help the industry tide over the economic downturn caused by the Covid-19 pandemic.
Gas Malaysia posts RM6.9b in revenue
AN INCREASE in gas volume sold to customers and two gas tariff revisions that were implemented in January and July 2019, continue to contribute positively towards Gas Malaysia Bhd’s financial position. For the period under review, Gas Malaysia recorded revenue of RM6.89 billion compared to RM6.23 billion recorded in the preceding year.
