Positive outlook for renewable energy


Dateline 2020-08-31, The Star:

The outlook remains positive for the renewable energy (RE) sector despite growth being halted by stalled business activities resulting from the Covid-19 pandemic.

Industry players believe the pause is temporary, and that it is already on the rebound.

They noted that the long-term drivers for investment remain strong. There is also rising pressure for corporates to comply with environment, social and governance (ESG) policies. The movement control order (MCO) has curbed investments, installation and financing for projects.

The Sustainable Energy Development Authority (SEDA) Malaysia said in an email that it had several virtual meetings with RE players to understand their pain.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: