Widad Business Group it will hold a 40% stake in the project, while TNB will hold 60%.

The project will be carried out by TPGSB, in collaboration with Widad Business Group Sdn Bhd a subsidiary of Widad Group Bhd and is scheduled for commercial operations in 2031.

LOI was awarded by the Ministry of Energy and Natural Resources to TNB’s wholly-owned unit TNB Power Generation Sdn Bhd (TPGSB)

LOI was awarded by the Ministry of Energy and Natural Resources to TNB’s wholly-owned unit TNB Power Generation Sdn Bhd (TPGSB), said TNB without disclosing the amount of the project.

Tenaga Nasional Bhd that it has received a letter of intent (LOI) for the development of a 2,100 megawatt (MW) combined cycle power plant in Kapar.

benefit from long-term recurring income via FBG’s existing renewable energy power purchase agreement with Tenaga Nasional Bhd. The agreement, which is effective for 16 years until March 2034, enables FBG to supply power to the national grid.

KAB said FBG, a wholly-owned subsidiary of Future NRG Sdn Bhd, owns a biogas power plant in Kedah with an installed capacity of 2.4 megawatt.

Engineering and energy solutions provider Kejuruteraan Asastera Bhd (KAB) is expanding its sustainable energy solutions (SES) segment through the proposed acquisition of the entire equity of Future Biomass Gasification Sdn Bhd (FBG) for RM15 million.

The group is targeting to complete and commission the plant on or before May 11, 2027, envisaging a potential revenue of RM53.09 million to the group over a span of 21 years based on the FiT rate of 24.61 sen per kilowatt hour and [an] estimated annual production of 10.27 gigawatt hours of electricity to be generated from the plant

KHRE was granted in May this year the feed-in approval by the Sustainable Energy Development Authority Malaysia for a two-megawatt high-head mini hydro water plant in Sungai Geroh, Perak.

Reppa was inked via G Capital's 74.64%-owned subsidiary Hydro R E Sdn Bhd (KHRE). Under the deal, TNB will buy electricity from KHRE at a feed-in-tariff (FiT) rate of 24.61 sen per kilowatt hour. Reppa's tenure will start from the commercial operation date, which is scheduled to be May 11, 2027.

G Capital Bhd has entered into a 21-year renewable energy power purchase agreement (Reppa) with Tenaga Nasional Bhd (TNB).

With these contracts, Reservoir Link’s order book for the solar renewable segment increased to RM51.5 million. These projects which primarily involve the development of solar energy-related facilities in Kuala Lumpur, Selangor and Perak are targeted to be completed between end-2022 and mid-2023.

Reservoir Link Energy Bhd’s 51%-owned subsidiary Founder Energy Sdn Bhd has won five solar contracts between October and November this year, with a combined value of RM12.05 million.

Gamuda recently revealed his plan to acquire a 30% stake in solar firm ERS Energy Sdn Bhd for RM200 million. The group has also earmarked RM2 billion for investment in renewable energy over the next five financial years to capitalise on growing demand in the segment.

Cypark recently announced the postponement of the operational date for two renewable energy projects.
Its 100 MW floating solar plant in Pasir Mas, Kelantan is now scheduled to begin operations in May 2023, after three postponements from its initial deadline of December 2021.the operational date for its 20 MW solid waste modular advance recovery and treatment waste-to-energy plant in Ladang Tanah Merah, Negeri Sembilan has been deferred until November, from September previously. It is unclear if the project has achieved commercial start-up.

The second is a 1.5 MW plant in Kemaman, Terengganu awarded to BACRE Reviva Biogas (Kemaman) Sdn Bhd, which is 80%-owned by BACRE Reviva Biogas Holdings Sdn Bhd, which in turn is an indirect 51% subsidiary of Cypark.

The first biogas project comprises a 1.2 MW installed capacity biogas plant in Layang-Layang, Johor, which was awarded to Cypark's 51% indirectly owned Reviva BACRE (Ulu Remis) Sdn Bhd.

Cypark Resources Bhd said its indirect subsidiaries have been awarded feed-in approval certificates from the government to carry out biogas projects with a total capacity of 2.7 MW in Johor and Terengganu.