Rockstone Investment

My personal opinion on this renewable energy company?

roxie565
Publish date: Tue, 02 Apr 2024, 03:08 AM

Now, since 2013, Malaysia's been upping its hydropower game, thanks to big moves by companies like Tenaga Nasional Berhad and a couple more in Sarawak and Sabah. With all the rivers and hills around, it's no wonder Malaysia's got the perfect setup for more hydropower action.

So, I was diving into the world of hydropower in Malaysia and stumbled upon some cool stuff that I just had to share. Malaysia’s got this awesome setup where hydropower is a big deal in the energy scene, alongside biomass and solar power. As of 2022, we’re talking about a whopping 6.2 thousand megawatts of hydropower capacity!


Here's the kicker: renewable energy's making up about 23% of Malaysia's energy mix, and hydropower's the star of the show with a 17% slice of that green pie. Big projects like the Bakun Dam in Sarawak are cranking out serious power, and it's all helping Malaysia get closer to its dream of a cleaner, greener energy system by 2050.

But wait, there's more. Beyond just making electricity, there's this thing called Renewable Energy Certificates (RECs) that's starting to make waves. Basically, for every bit of clean energy produced, you get a REC, kind of like a gold star, showing you're helping the planet. Malaysia's getting in on the action with a big push to trade these RECs, making it easier for folks to buy and sell clean energy credits.

Now, for the local scene, Sarawak's the place to watch. They've got these mega dams churning out heaps of power, and they're not stopping there. Sabah's also getting in on the action, with plans to boost their hydropower game in the next few years.

Enter Kinergy Advancement Berhad (KAB), these guys are like the Swiss Army knife of sustainable energy in Malaysia. They're not just about making clean energy; they're also trading these RECs, showing they're all-in on helping Malaysia hit its renewable energy targets.

In 2023, KAB's mini-hydropower plant in Indonesia cranked out a bunch of RECs, and they've got more projects lined up to keep those green creds rolling in. It's all part of the bigger picture to make Malaysia's energy cleaner and greener.

So, why should we care? Well, with all this talk about climate change and keeping our planet healthy, hydropower and RECs are like two peas in a pod for a sustainable future. Plus, with companies like KAB leading the charge, it's a sign that Malaysia's energy scene is heading in the right direction.

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