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Scale Solar 5 alone will provide RM7b worth of solar EPCC jobs\u0026quot;\u003C/h1\u003E\n\u003Cimg src=\u0022https://silkroute.cc/wp-content/uploads/2024/02/frc-fefe37c418f2d411dfd1c27722e329f7.png\u0022 alt=\u0022\u0022 /\u003E\n\u003Cp\u003EKUALA LUMPUR: Hong Leong Investment Bank (HLIB) research estimates that solar engineering, procurement, construction and commissioning (EPCC) jobs from Large Scale Solar 5 (LSS5) alone will hit RM7 billion, with quota winners likely to be announced in the first half of 2025.\u003C/p\u003E\n\u003Cp\u003EThe research firm\u0026#39;s note comes after Energy Transition and Public Utilities Minister Datuk Seri Fadillah Yusof announced a series of energy transition programmes and initiatives for 2024 last week, having considered grid capabilities, green energy demand and multiplier effects.\u003C/p\u003E\n\u003Cp\u003EHLIB research said the fifth bidding cycle of the Large Scale Solar (LSS) programme making a comeback with a significantly upsized quotas of 2GW (floating solar: 500 megawatt (MW), was a key highlight.\u003C/p\u003E\n\u003Cp\u003EThe request for proposal (RFP) will be available for purchase from Energy Commission from April 1, 2024 onwards.\u003C/p\u003E\n\u003Cp\u003EKUALA LUMPUR: Hong Leong Investment Bank (HLIB) research estimates that solar engineering, procurement, construction and commissioning (EPCC) jobs from Large Scale Solar 5 (LSS5) alone will hit RM7 billion, with quota winners likely to be announced in the first half of 2025.\u003C/p\u003E\n\u003Cp\u003EThe research firm\u0026#39;s note comes after Energy Transition and Public Utilities Minister Datuk Seri Fadillah Yusof announced a series of energy transition programmes and initiatives for 2024 last week, having considered grid capabilities, green energy demand and multiplier effects.\u003C/p\u003E\n\u003Cp\u003EHLIB research said the fifth bidding cycle of the Large Scale Solar (LSS) programme making a comeback with a significantly upsized quotas of 2GW (floating solar: 500 megawatt (MW), was a key highlight.\u003C/p\u003E\n\u003Cp\u003EThe request for proposal (RFP) will be available for purchase from Energy Commission from April 1, 2024 onwards.\u003C/p\u003E\n\u003Cp\u003EOverall, it views the cumulative 2.8GW of new renewable energy (RE) quotas announced through various programmes, significantly uplifting for the sector and for both stocks under coverage.\u003C/p\u003E\n\u003Cp\u003EIt sets in motion the government\u0026#39;s 2050 70 per cent RE share target as outlined in the National Energy Transition Roadmap (NETR) unveiled last year.\u003C/p\u003E\n\u003Cp\u003EIt made no changes to its \u0026quot;Overweight\u0026quot; rating on the RE sector.\u003C/p\u003E\n\u003Cp\u003EHLIB research said the sector rides onstrong structural themes as well as positive earnings growth cycle.\u003C/p\u003E\n\u003Cp\u003EIt has Buy calls on Solarvest Holdings Bhd (target price (TP): RM1.55) and Samaiden Group Bhd (TP: RM1.43) are key winners from the slew of programmes announced.\u003C/p\u003E\n\u003Cp\u003EKey catalysts include contract rollout, fresh RE quotas and export news flow. Risks include execution and slow implementation. -ends-\u003C/p\u003E\n\u003Cp\u003E\u6765\u6E90\uFF1A\u003Ca href=\u0022https://mp.weixin.qq.com/s/TE75JaeFp2rgSBXbFMiYEw\u0022 rel=\u0022noopener noreferrer\u0022\u003E\u9605\u8BFB\u539F\u6587\u003C/a\u003E\u003C/p\u003E\n",
  "language": "und",
  "type": "post",
  "collection": "post",
  "tags": [
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