KUALA TERENGGANU: Terengganu Incorporated (Terengganu Inc), in collaboration with TNB Power Generation Sdn Bhd (TNB Genco), has launched a floating so...
Terengganu Incorporated , in collaboration with TNB Power Generation Sdn Bhd , has launched a floating solar farm at Lake Kenyir, expected to generate up to 2,000 megawatts of electricity.
“Furthermore, Terengganu Inc is advancing the national agenda by encouraging all subsidiaries to adopt solar energy through the installation of panels at their business premises,” he said during his speech at last night’s Dinner Ceremony for Terengganu Inc’s Board of Directors Corporate Training Programme.
He noted that Terengganu Inc recorded a pre-tax loss of RM43 million in 2018 but turned around with pre-tax profits of RM78 million in 2021, RM76 million in 2022, and RM46 million in 2023. Looking ahead, Ahmad Samsuri said Terengganu Inc would take strategic steps to ensure sustained profitability, including reducing reliance on oil palm plantations by halting the expansion of plantation areas.“In addition to renewable energy projects, we are working on solar energy initiatives for international markets under the Cross Border Energy Sale programme.
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