Sarawak In Need Of More Skilled Workforce To Drive Solar Industry
SIBU, June 30 (Bernama) -- Sarawak must step up efforts to produce more skilled workers in solar energy in line with the state government's commitment to strengthening the renewable energy sector, said Datuk Seri Julaihi Narawi.
The Sarawak Utilities and Telecommunications Minister said the move was crucial to meet the growing demand for skilled manpower, in line with the state's target of increasing power generation capacity to 10,000 megawatts (MW) by 2030 and 15,000 MW by 2035.
'At least 60 per cent of this amount will be contributed by renewable sources, including solar energy,' he told reporters after witnessing the presentation of the Accreditation Certificate to Universiti Teknologi Sarawak (UTS) by the Sarawak Utilities and Telecommunications Ministry (MUTS) here today.
MUTS Electricity Supply director Muhammad Randi Abdullah presented the certificate to UTS vice-chancellor Prof Datuk Dr Khairuddin Abdul Hamid.
According to Julaihi, Sarawak had initiated the development of a floating solar power plant, including a 50 MW facility at the Batang Ai Dam, which began operations in December last year.
'This plant only utilises three per cent of the dam's surface and has the potential to be expanded to other locations such as Murum and Bakun. We have also identified several interested investors,' he said.
Julaihi said that the demand for skilled technicians and engineers in solar photovoltaic (PV) system design and installation would continue to rise, describing the collaboration between UTS and Entera Technology Academy as a proactive and strategic initiative.
'Training skilled workers is essential to developing the entire renewable energy ecosystem across Sarawak,' he said.
Julaihi said the initiative also supports the implementation of the Post-COVID-19 Development Strategy (PCDS) 2030, which positions renewable energy as a key sector in driving Sarawak towards becoming a high-income economy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
24 minutes ago
- The Star
Ringgit ends higher against US dollar on Fed rate cut hopes
KUALA LUMPUR: The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst. At 6 pm, the local note climbed to 4.2260/2310 against the greenback from Monday's close of 4.2350/2385. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said that risky assets such as equities have been rising as a lower interest environment would be positive for corporate finances, especially on their cost of borrowings. Commenting on the US Fed, the economist noted that a series of Fed speakers are expected to shed more light on the future direction of US interest rates. He noted that several Fed officials, San Francisco Fed President Mary Daly, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will be speaking to the public on Thursday. "Our sense is that the market would want to hear the latest conviction among the Fed as to how the interest rate would evolve in the months to come, especially in the September Federal Open Market Committee meeting," he told Bernama. At the close, the ringgit ended firmer against major currencies. It rose against the Japanese yen to 2.8618/8654 from 2.8652/8677 at the close on Monday, gained versus the British pound to 5.6159/6226 from 5.6296/6342, and was higher against the euro to 4.8772/8830 from 4.8978/9018 previously. The ringgit was also strengthened against regional peers. It improved against the Singapore dollar to 3.2793/2834 from 3.2878/2908, inched up versus the Thai baht to 13.0408/0627 from 13.0452/0616, strengthened against the Indonesian rupiah to 257.8/258.2 from 258.2/258.5 and improved against the Philippine peso to 7.33/7.34 from 7.38/7.39 previously. - Bernama


The Sun
24 minutes ago
- The Sun
Global M&As surpass US$2.6 trillion year to date
LONDON: Global dealmaking has reached US$2.6 trillion (RM11 trillion), the highest for the first seven months of the year since the 2021 pandemic-era peak, as a quest for growth in corporate boardrooms and the impact of a surge in AI activity has overcome the uncertainty caused by US tariffs. The number of transactions to Aug 1 is 16% lower than the same time last year, but their value is 28% higher, according to Dealogic data, boosted by US megadeals valued at more than US$10 billion. They include Union Pacific Corp's proposed US$85 billion acquisition of small rival Norfolk Southern and OpenAI's US$40 billion funding round led by Softbank Group. The upsurge will be a relief to bankers who began the year with expectations the administration of US President Donald Trump would lead to a wave of consolidation. Instead, his trade tariffs and geopolitical uncertainty made companies pause until renewed confidence in corporate boardrooms and the US administration's anti-trust agenda changed the mood. 'What you're seeing in terms of deal rationale for transactions right now is that it's heavily growth-motivated, and it's increasing,' Andre Veissid, EY Global Financial Services Strategy and Transactions Leader, told Reuters. 'Whether it's artificial intelligence (AI), the change in the regulatory environment, we see our clients not wanting to be left behind in that race and that's driving activity.' Compared with August 2021, when investors, rebounding from pandemic lockdowns drove the value of deals to US$3.57 trillion, this year's tally is nearly a US$1 trillion, or 27%, lower. Still, deal-makers at JP Morgan Chase have said there is more to come, with companies pursuing bigger deals in the second half of the year as executives adapt to volatility. 'People have got used to the prevailing uncertainty, or maybe the unpredictability post-US election is just more predictable now,' Simon Nicholls, co-head of Slaughter and May Corporate and M&A group, said. Nigel Wellings, partner at Clifford Chance said the market was moving beyond tariffs. 'Boardrooms are seeing the M&A opportunity of a more stable economic environment and positive regulatory signals. But it is not a frothy market.' While the healthcare sector drove M&A in the years after the pandemic, the computer and electronics industry has produced more takeover bids in the US and the UK in the last two years, according to Dealogic. Artificial intelligence is expected to drive more dealmaking. M&A activity has increased around data centre usage, such as Samsung's US$1.7 billion acquisition of Germany's FlaktGroup, a data centre cooling specialist. Palo Alto Networks US$25 billion deal for Israeli cybersecurity peer CyberArk was the largest deal in Europe, Middle East and Africa so far this year as rising AI-driven threats push companies to adopt stronger defences. Private equity, which had been sitting on the sidelines, has once again been active, with Sycamore Partners' US$10 billion deal to take private Walgreens Boots Alliance and rivalling £4.8 billion (RM27 billion) offers from KKR and Advent for UK scientific instrument maker Spectris. The US was the biggest market for M&A, accounting for more than half of the global activity. Asia Pacific's dealmaking doubled over the same year to date period last year, outpacing the EMEA region.


The Sun
an hour ago
- The Sun
KPDN cracks down on illegal LPG decanting in subsidy misuse
PUTRAJAYA: The Ministry of Domestic Trade and Cost of Living (KPDN) is stepping up enforcement against the illegal transfer of subsidised liquefied petroleum gas (LPG) through decanting, a major cause of subsidy leakage. Deputy Minister Datuk Dr Fuziah Salleh stated that Ops Gasak is being expanded to curb exploitation by syndicates posing as legitimate businesses. She revealed that subsidised LPG from 14-kg cylinders, priced at RM26.60, is being illegally transferred to non-subsidised cylinders sold at RM70. 'The price difference shows the high profits driving this illegal activity,' she told Bernama. A recent case in Johor exposed decanting operations disguised as wholesale businesses, leading to arrests under the Supply Control Act 1961. Ops Gasak is active nationwide except in Sarawak, where LPG enforcement is state-regulated. Dr Fuziah emphasised that subsidised LPG must only benefit eligible households and micro-entrepreneurs. 'Wholesalers supplying gas to industries will face strict action,' she added. The operation, running until October 31, is part of the Kita Gempur initiative to combat subsidy manipulation. - Bernama