KUALA LUMPUR: Tenaga Nasional Bhd's recent acquisition of an offshore wind farm in the UK puts the group another step closer to realising its renewable energy (RE) goals.
(TNB) will continue to pursue growth in renewable energy (RE), both in the domestic and international markets, as it sees significant opportunities in this area.
As the world shifts to more sustainable energy sources and despite rising competition, TNB’s chief strategy and ventures officer Datuk Fazlur Rahman Zainuddin (pic, below) sees growth potential in the United Kingdom, Europe and South-East Asia.
According to him, TNB has gained considerable experience and capabilities through its two RE investments in the UK, namely Vortex Solar and Tenaga Wind Ventures.
“These two investments have been performing above expectations at both technical and financial levels over the past three years, ” he told StarBiz.