Maybank Investment Banking Group (Maybank IBG) has placed a ‘stable’ outlook rating for the power sector this year, given its stability and defensiveness following a healthy reserve margin.
In its MY Credit Outlook 2022 - Chartbook and Views report, it said credit fundamentals remained stable for most Independent Power Producers (IPPs) on the back of timely payments from off-takers and healthy operating performance
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UiTM s second large scale solar photovoltaic plant in Pasir Gudang, Johor has started commercial operations.
KUALA LUMPUR: Universiti Teknologi MARA (UiTM) has made its mark in Malaysia as the only university to own and operate two large scale solar photovoltaic (LSSPV) plants with combined renewable energy generation capacity of 75MWac (92.58 MWp)
It said in a statement on Friday its second LSSPV plant in Pasir Gudang, Johor has started commercial operations.
This new LSSPV plant will augment the 61MWp LSSPV plant in Gambang, Pahang which began its commercial operations in April 2019.
The planned development of 66MW of on-campus rooftop solar power generating systems which will be in full commercial operations by the end of 2022.