The state-owned investment firm Permodalan Kedah Bhd (PKB) and Kinergy Advancement Bhd (KL:KAB) have signed a memorandum of understanding (MOU) to develop sustainable energy projects.
KAB stated that it will handle the technical aspects and leverage its energy industry experience, while PKB will find possible sites for renewable energy projects and help with authorisation duties such project licencing.
Among other things, it stated, the cooperation concentrates on the implementation of clean energy, renewable energy, energy-efficient solutions projects, and engineering works. Development of solar farms and waste-to-energy production are two examples of this.
KAB stated that it will handle the technical aspects and leverage its energy industry experience, while PKB will find possible sites for renewable energy projects and help with authorisation duties such project licencing.
Among other things, it stated, the cooperation concentrates on the implementation of clean energy, renewable energy, energy-efficient solutions projects, and engineering works. Development of solar farms and waste-to-energy production are two examples of this.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.