(Photo: TNB)
The power sector in Malaysia is expected to see a proliferation of solar projects in 2024, as households and companies seek to lower electricity bill and reduce carbon footprint.
This will benefit solar engineering, procurement, construction, and commissioning (EPCC) companies like Tenaga Nasional Bhd (TNB), Pekat Group, Solarvest Holdings and Samaiden Group.
According to AmInvestment Bank (AmInvest) Research, the demand for solar systems would likely come from the rooftop segment, solar farms, and data centers.
“Demand for solar rooftop systems will increase as commercial and industrial companies seek to reduce electricity bills and carbon footprint.
