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2016-11-14 11:21 | Report Abuse
wait for results out, up step by step...
News & Blogs
2016-11-13 02:33 | Report Abuse
Good reading and good sharing…
General
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2016-11-11 15:07 | Report Abuse
people is afraid of uncertainty that is why...
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2016-11-11 09:43 | Report Abuse
hmm...will report Q3 earnings on 11/18/2016
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2016-11-07 18:31 | Report Abuse
Wow, u just implied that director sell, we should buy? Or director buy, we should sell? I m confused with your statement
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2016-11-07 13:06 | Report Abuse
Did this news already reflected into the current prices no? Or not yet reflected into the price…
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2016-11-07 11:31 | Report Abuse
paris accord, FBI clears hillary charges, more and more countries adopt RE policies, many external factors are pointing to sunny days day ahead for solar industry..
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2016-11-04 11:20 | Report Abuse
TNB signs solar power PPAs
PETALING JAYA: Tenaga Nasional Bhd (TNB) has signed three power purchase agreements (PPAs) with a consortium comprising three companies for the supply of 150MW of solar power.
The three companies in the consortium are ItraMAS Technology Sdn Bhd, Maltech Pro and Cam-Lite Sdn Bhd, and the solar panels would be located in three states – Jasin, Malacca; Gurun, Kedah; and Merchang, Terengganu.
The PPAs were signed between TNB and Quantum Solar Park (Melaka) Sdn Bhd, Quantum Solar Park (Kedah) Sdn Bhd and Quantum Solar Park (Terengganu) Sdn Bhd.
“Each of the companies will construct, own, operate and maintain a solar photovoltaic energy-generating facility with a capacity of 50MW alternate current,” TNB said in a filing with Bursa Malaysia.
“Each PPA, which has an expected commercial operation date of Dec 31, 2017, governs the obligations of the parties to sell and purchase the energy generated by the facility for a period of 21 years from the commercial operation date in accordance with the agreed terms and conditions,” it added.
The rates were not disclosed.
According to industry sources, the awards were done on a directly negotiated basis.
The power plants are one of the biggest in capacity awarded to the consortium to date. Previously, the biggest award for a solar power plant was in April 2014 to Edra Global Energy Bhd when it was under the control of 1Malaysia Development Bhd (1MDB). The capacity was for a 50MW solar power plant to be located in Kulim, Kedah.
1MDB’s power plant division was sold to China General Nuclear Power Corp in November last year.
A check on the Companies Commission of Malaysia showed no material public information was available for Maltech Pro.
ItraMAS Technology’s shareholders and directors are Tunku Hammam Tunku Sulong, Gan Geik Lee, Lee Choo Boo and Datuk Khairuddin Ibrahim. Thevarajoo Munusamy is another shareholder.
Cam-Lite’s shareholders, meanwhile, are Zaainoor Sulaiman and Zeliza Zainoor. Both of them, including Azizul Nizam Bidin, are also directors on Cam-Lite’s board.
To recap, the Government through the Energy, Green Technology and Water Ministry had at the beginning of the year said it would want to develop more large-scale solar power plants this year.
This award comes after a request for proposal for a 250MW power plant was issued earlier this year, and it is expected that the capacity of these plants will come on stream from 2018 onwards.
This comes after the Government said it would like to scale up electricity generation from renewable energy sources, given that the country was still far from achieving its renewable energy target.
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2016-11-04 10:21 | Report Abuse
Those US solar companies are losing market share, whereas china n taiwan are gaining…
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2016-11-02 10:41 | Report Abuse
1. Contract manf business - no need hold inventory, no need R&D cost, only production cost... Only contracts coming in, money earned
2. US & EU trade restrictions from china & taiwan, Only contracts coming in, money earned
3. Renewable energy? no need 15 years, 5 years will do... Big countries government policy changes, gradually moving to renewable energy, even Singapore also do so, build an artificial island to tap solar energy
4. Either Renewable Energy or Fossil Fuel, you decide... Cheers haha
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2016-10-31 08:32 | Report Abuse
This counter has long term potential, let the market force decides…
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2016-10-30 23:44 | Report Abuse
Tesla is in progress in making something incredible, this could be the spark needed in solar PV industry, i dont say it's happenning now but that is definitely something great in near future… link as per here http://futurism.com/the-next-generation-powerpack-tesla-just-made-its-biggest-battery-twice-as-powerful
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Stock: [TEKSENG]: TEK SENG HOLDINGS BHD
2016-11-17 09:14 | Report Abuse
speculate for what leh.. do your homework, invest if there is a chance to shoot up.. solar definitely is something that people looking for in near future..