KUALA LUMPUR: The power sector welcomes new players into the renewable energy (RE) industry to ensure the industry is robust, and able to contribute significantly to the economy and reduce the cost of RE. Energy, Green Technology and Water (KeTTHA) Minister Datuk Seri Dr Maximus Ongkili said Malaysia had been doing well in large-scale solar power generation as more players had entered the fray. He said this in response to Petroliam Nasional Bhd’s (Petronas) consideration to venture into RE to stay relevant in the global energy industry. Maximus said RE is “the new order of the energy sector” and that the most important factor influencing it was the sustainability and resilience of players while keeping the cost down. “They should focus on power generation via solar energy (photovoltaic) and bio-mass as these are abundant in our part of the world.

Source: New Strait Times September 28, 2017 04:07 UTC