hi bowman, of course i know what is that all about. what i mean is the name of link they using for web just funny. nothing else than that man. easy ~ hahaa
okay, tomyamgung, cheers. that's what they prefer to use. good site if you are prepared to subscribe to their analyses etc. but only overseas tradings/forex
VSOLAR - Solar Synergy Malaysia is on the track in seeking to intensify the development of renewable energy which was set of since 2011 as to reduce the carbon income of the country through renewable energy such as Solar Photovoltaic (PV), Biomass / Biogas and Hydro Power Electricity. Which this in line, the government had been reinforced by fiscal incentives such as investment tax allowances and the SREP (Small Renewable Energy Program) which encourages the connection of small renewable energy power generation plants to the national grid. With this in line, on 6th January 2014, VSOLAR (formerly known as Fastrack Solution) had restructure the company direction and core business direction towards the renewable energy sector, with a focus in the solar farming industry.
VSOLAR - Power of Solar Solar Interactive Sdn Bhd, a wholly owned subsidiary of VSOLAR, had on 1st August 2013 entered into a Renewable Energy Power Purchase Agreement (REPPA) with TNB for the sale and delivery of renewable energy by for a concession of 21 years. For a start, VSOLAR had started a 500kW solar farm in the region of Simpang Pulai, Kinta, Perak with a Feed-In Tariff (FIT) rate of RM 1.3812 /kWh, commenced 3rd November 2013. The renewable energy sector had been a hot topic recently, which had saw a number of listed company that had direct business relation in the sector being getting much public interest. Let's have a quick look at the following company which is on a hot stint in renewable energy.
Next Up Coming Catalyst VSOLAR had saw a 10% private placement from Asia Bioenergy Tech Berhad (AsiaBio - 0150) recently. While under the SREP plan, the maximum allowable limit for an individual company is 10MW, which means Solar Interactive Sdn Bhd still have a capacity of 9.5 MW in the coming days to be installed. According to sources, VSOLAR had been planning their phase 2 of solar farm which will be looking to see approximately 3 to 5 MW plant being set up. VSOLAR will be the next big thing after CYPARK after realigning their business focus into solar energy farming. At the current market capitalization of RM 50 million, VSOLAR is just putting it's 1st step into the industry. A 10 MW solar farm will be able to generate a recurring income of around RM 11 to 12 million per year. With the new direction in VSOLAR, we believe that VSOLAR will be the next big player in solar farming in the coming days ahead.
If vsolar really done what their promises. I don't think Sun Power or even cypark will become a threats to vsolar. In fact we all know that electricity is one important source for human and economic. People pays for how heavy they use for it. Demands is always there, it will never end. Unless one day the sun is power off which is impossible. So, what do you think bro?
Am assuming that you guys reading this are investors and not punters. Solar energy business is still in its infancy. The solar cells used to be very expensive. Not anymore with the Chinese production. With that, more business models can be created. In Malaysia, there are not many players yet. Oil price is cheap now, but for how long? Independent power suppliers will surely look to the solar alternative. I understand Vsolar has inked some important MoUs with several organisation towards the supply of electricity. This is a move in the right direction. At 10sen, I think it is a worth buy.
Universiti Teknologi Malaysia will spearhead a groundbreaking research and development of solar and photo voltaic technology with the help of industry partner VSolar Group Berhad.
VSolar Group Berhad has just signed a Memorandum of Understanding (MoU) with Universiti Teknologi Malaysia to conduct Research and Development (R&D) and commercialisation programmes at the university.
Datuk Manan Bin Md. Said, Executive Chairman and Mr. Leung Kok Keong, Executive Director of VSolar Group Berhad, and Prof. Dr. Ahmad Fauzi bin Ismail, Deputy Vice Chancellor, Research and Innovation of UTM were present at the MoU signing on 8 June.
“This partnership is unique in that VSolar, a private sector commercial entity will actively collaborate with a local, illustrious, institution of higher learning and enable it to generate revenues as well as provide a platform for its R&D efforts,” Leung Kok Keung said.
Leung added that that Malaysia is perfect for the development and advancement of solar farms, and in line with the vision to reduce dependence on non-renewable energy sources.
“We believe that the country is perfect for the development and advancement of solar farms.
“In line with our leaders’ vision to reduce dependence on non-renewable energy sources, VSolar Group Berhad will, through this Private-Public Partnership with Universiti Teknologi Malaysia look at the potential of new commercialization projects and first-of-its-kind solar farms on site that will enable VSolar to increase its energy generation capacity and improve its revenue stream,” he added.
VSolar Group Berhad will be looking into conducting extensive research and development of solar and photo voltaic technologies with the primary intention of commercialising these technologies for the future.
It also has the intention to expand in the future by tapping into the potential of these technologies to create a Renewable Energy Initiative and reaching out to the relevant bodies and authorities.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KS_99
289 posts
Posted by KS_99 > 2016-07-21 08:23 | Report Abuse
I am new in this share. Why in 2015 it went up to 0.4 but then came back to 0.1 again?