Latest news with #TNB
The Star
a day ago
- Business
- The Star
TIME TO SWITCH TO SOLAR
More Malaysians are discovering the benefits of solar energy as they adopt greener and more sustainable lifestyles. Solar energy, once considered a luxury only for the wealthy or eco-enthusiasts, is fast becoming a practical and affordable upgrade for landed homeowners. Thanks to improved access, lower entry costs and supportive government initiatives such as the Net Energy Metering (NEM) scheme, switching to solar power has never been more attractive for Malaysian homeowners. One of the biggest draws is the potential for significant monthly savings – many households with rooftop solar photovoltaic (PV) panels have reported electricity bill reductions of 30% to 50%, depending on the size of their system and overall energy usage. While the initial investment might seem steep, the long-term value is clear. Most homeowners recover their installation costs within six to eight years and continue to enjoy substantial savings for another 15 to 20 years after that. Beyond cost savings, solar systems can also increase a property's resale value, especially in urban areas where energy-efficient features are increasingly sought after. Understanding the NEM Scheme The NEM scheme was introduced by the government for consumers to reduce their electricity bills. You can generate your own electricity by installing rooftop solar PV system for your own consumption. Now in its third iteration, NEM 3.0 was introduced with new quotas and initiatives divided into categories like NEM Rakyat (for homeowners), NEM GoMEn (for government ministries and agencies), and NOVA (for commercial and industrial users). Under the NEM Rakyat scheme, any excess electricity your solar panels generate is exported to the grid. You earn credits for this, which are then used to offset energy usage from the grid – lowering your TNB bill in the process. In simpler terms, the more solar energy your system produces, the less you pay for electricity every month. It's a win-win situation for both your wallet and the environment. The technology behind solar PV cells has created greater efficiency in absorbing sunlight, further enhancing the solar energy capture and efficiency. With advancements in solar inverter technology, today's rooftop solar PV systems are capable of offering greater energy conversion and cost savings. These developments have made solar power accessible to a broader group of Malaysians – not just the affluent few – to become 'prosumers' (producer and consumer) of green energy. Today's homeowners also benefit from: > New financing models that allow you to install rooftop solar PV with minimal upfront cost, often through monthly repayments. > Government incentives and rebates, which lower the overall cost of going solar. > Zero-interest payment plans offered by some providers to ease the financial burden further. Ravi Kumar, a homeowner from Penang, says: 'Switching to solar has been one of the best financial decisions we've made for our home. 'Our electricity bill used to average RM700 a month, especially with the air conditioning running constantly during the hotter periods. 'Now, it's consistently under RM50, sometimes even receiving a small credit back from TNB! The installation was smooth, and the team was incredibly professional. We're not just saving money; we're also proud to be doing our part for the environment.' For environmentally-conscious homeowners like Ravi, the appeal of solar extends beyond the ringgit and sen. A typical residential solar setup can reduce carbon emissions by several tonnes each year – the equivalent of planting dozens of trees annually. This makes solar adoption a personal contribution to Malaysia's broader sustainability goals and its move towards a low-carbon economy. Is solar right for you? Solar solutions work best for landed properties with ample roof space and high daylight exposure. Next, review your monthly electricity bill over the period needed to recover the long-term investment for the solar system. > Get a professional assessment of your roof's solar potential: Not all roofs are created equal when it comes to solar energy. Engage a certified solar PV service provider to evaluate key factors such as your roof's orientation, tilt angle, shading from nearby trees or buildings, and available space. This assessment will help determine how many panels your roof can accommodate, the optimal positioning for maximum sunlight exposure and the potential energy output. > Compare offers from certified solar PV service providers: Don't settle for the first quote. Approach multiple reputable and certified PV service providers to compare packages. Look at pricing, equipment quality, warranties, installation timelines and after-sales service. Check if the providers are registered under the Sustainable Energy Development Authority (Seda) or other relevant bodies. > Understand the NEM application process and what incentives you qualify for: Malaysia's NEM scheme allows residential users to export excess electricity generated from their solar panels back to the grid for rebates or credits based on available NEM quota. Recently, the government announced an additional 100MW quota for NEM Rakyat after the original allocation of 600MW was fully subscribed. Learn how the NEM application works, including eligibility requirements, documentation needed, approval timelines and integration with your electricity bill. Also, explore any government rebates, tax incentives or green financing options available to reduce your upfront costs. Being well-informed about these mechanisms can significantly improve the return on your solar investment. Learn more about how Net Energy Metering by clicking here to view website
The Star
2 days ago
- Science
- The Star
EDUCATING YOUTH, ENERGISING THE FUTURE
ARE lights left gleaming in empty rooms? Do devices remain plugged in long after they are charged? These are just a couple of the wasteful and habitual behaviours that many still practise today, despite the widespread shift to sustainable narratives that have become prevalent in recent years. This pervasive misuse of energy has long-term implications on the environment and society, which is why Tenaga Nasional Bhd (TNB), in collaboration with Star Media Group Bhd (SMG), is taking proactive steps to educate the next generation to cultivate energy-efficient habits. In response, the national utility provider is reigniting the 'Powering The Future' school activation programme for its third year. It was originally launched in the Klang Valley in 2023, covering 10 schools and benefiting 890 students. The second edition saw the programme expand to the West Coast, reaching 4,545 students across 60 schools. This year, it will head to the East Coast – covering Pahang, Kelantan and Terengganu – and further north to Kedah and Perlis, reaching a total of 40 schools across five states. (Seated in the fourth row) Tenaga Nasional Bhd and Star Media Group representatives with SMK Indera Shahbandar principal Jama Mat Yunus (fifth from the left) at the 'Powering The Future 3.0' school activation programme launch in Pekan, Pahang on May 7. — Photos by FAIHAN GHANI/The Star Powering The Future 3.0 Kicking off in Pahang, this year's programme will highlight and promote energy efficiency through hands-on learning modules, utilising techniques like gamification to cultivate an interactive experience for all students who take part. The official launch was held at Sekolah Menengah Kebangsaan (SMK) Indera Shahbandar in Pekan on May 7, with 93 Form Three students participating in the opening programme. Powering The Future 3.0 (PTF 3.0) will feature different activities tailored to primary and secondary school students. PTF 3.0 continues to promote energy efficiency through hands-on learning modules including gamification to cultivate an interactive experience for students. Primary students will take part in new activities, including a recently introduced renewable energy (RE) model kit-building exercise aimed at cultivating energy-efficient habits from a young age. They will be tasked with assembling hydro, solar, wind and hand generator model kits in groups. In secondary schools, the programme will engage students with critical thinking exercises, promoting energy-efficient practices and smart power management through real-world home scenario simulations. Students will also be introduced to the United Nations' Sustainable Development Goals (UNSDGs), equipping them with the knowledge and context needed to support a sustainable future. Additionally, all participating students will receive a free one-year subscription to The Star's e-Paper. This initiative aims to encourage active reading and improve English literacy while reinforcing energy conservation awareness. The other nine participating schools in Pahang are Sekolah Kebangsaan (SK) Teruntum, SK Seri Biram, SK Langgar, SK Batu Tiga, SK Tanjung Batu, SMK Nenasi, SMK Seri Pekan, SMK Paloh Hinai and SMK Tok Sera. Nurturing sustainability warriors TNB, in partnership with SMG and M.A.D Movement, collaborated to develop engaging activities for the PTF 3.0 programme. The aim is to expose students to a deeper understanding of the energy sector, the current energy generation process and the need to transition to renewable energy through carefully curated and customised workshops. (Above and below) A total of 93 Form Three students from SMK Indera Shahbandar participated in the opening programme. This programme seeks to bridge the gap between the younger generation and the world of energy and sustainability, educating them on the importance of using energy efficiently and practising sustainability through an interactive, engaging, and youth-friendly approach. As the Malay proverb goes, 'melentur buluh biarlah dari rebungnya' (it is easier to shape youth while they are young), and TNB hopes the students will better understand how each of our actions – big or small – can bring about major changes to the environment. Through the PTF 3.0 programme, participants can aspire to be youth ambassadors in bringing about positive change for a more sustainable future by inspiring change among their families and local communities. Meanwhile, SMK Indera Shahbandar principal Jama Mat Yunus expressed his gratitude to TNB and SMG for forming this synergetic partnership to promote energy literacy. 'This programme is an excellent platform to educate and nurture a society that is more environmentally conscious. 'We hope it will be a catalyst for the development of our youth, not only as students but ultimately as members of a society we aim to shape for the future,' he said. 'Hopefully, the students sitting before me today will be able to bring about change in our school community and go on to become energy champions of the future who will contribute to the nation's well-being.' After Pahang, PTF 3.0 will move on to Kelantan and Terengganu in June, covering 10 schools in each state. The programme will then expand to Kedah and Perlis in July, covering 10 schools in total.
Free Malaysia Today
3 days ago
- Business
- Free Malaysia Today
How TNB is transforming rural communities
Tenaga Nasional Berhad is in the process of providing electricity supply to 25 villages located in Perak, Pahang and Johor. (TNB pic) PETALING JAYA : For many Malaysians living in cities, electricity is simply a given. But for thousands in remote and underserved areas, reliable access to power remains a challenge. To bridge this gap, Tenaga Nasional Berhad (TNB), in collaboration with the rural and regional development ministry, is driving the country's Rural Electrification Programme, aiming to bring sustainable, reliable electricity to every corner of Malaysia. Bringing power to remote villages TNB's initiative is currently focused on 25 villages across Perak, Pahang and Johor, with five villages already connected to the grid. A standout project is a micro-hydro system in Lenjang, Kuala Lipis, Pahang, which will soon provide electricity to 210 houses and 10 community centres in 10 indigenous villages. This is part of a broader strategy to use a mix of grid extensions, off-grid solar technology, micro-hydro solutions, as well as hybrid energy systems to overcome the challenges of difficult terrain and dispersed populations. TNB's Rural Electrification Programme focuses on long-term sustainability and engagement with rural communities. (TNB pic) TNB employs modern technologies such as satellite mapping and drones to efficiently plan infrastructure deployment. By combining renewable energy options with community-based initiatives that involve training local residents, the programme aims to ensure long-term system maintenance and sustainability. Improving lives through reliable electricity Access to electricity transforms daily life – it enables children to study after dark, healthcare facilities can operate advanced equipment longer and businesses gain the tools to thrive. A micro-hydro powered village, for example, can sustain clinics, schools and small enterprises, opening doors to opportunities once beyond reach. In many parts of rural Malaysia, electricity also means better communication and connection to the wider world. With power, villagers access the internet, online education and digital marketplaces, narrowing the gap between urban and rural communities. A focus on sustainability and inclusivity Equipping rural communities with reliable electricity supply will provide residents with better access to helpful amenities and services. (TNB pic) In addition to immediate benefits, the programme is aligned with national goals to promote social equity and environmental responsibility. By integrating cleaner energy sources like solar and micro-hydro power, TNB is reducing reliance on fossil fuels and contributing to Malaysia's climate targets. To address the high costs and geographic challenges of rural electrification, the programme adopts cost-effective renewable solutions tailored to each community's needs. Building a future powered by community Beyond infrastructure installation, TNB focuses on empowering communities through training and local engagement. This helps develop the capacity for system upkeep and repair, creating ownership and ensuring the long-term success of electrification projects. TNB's Rural Electrification Programme is an important driver for inclusive growth and sustainable development in Malaysia. By extending reliable and clean electricity to remote areas, the programme is empowering rural communities and supporting the nation's vision for equitable progress. To learn more about TNB's initiatives in rural Malaysia, visit the official website.
The Star
3 days ago
- Business
- The Star
TNB positioned for growth amid energy shift
CIMB Research sees steady dividend yields of 3.5% to 3.9% over 2024 to 2026. PETALING JAYA: Tenaga Nasional Bhd (TNB) appears well positioned for sustained earnings growth, underpinned by a robust capital expenditure programme and continued regulatory support. Despite some short-term fluctuations in electricity demand, analysts believe the utility giant's prospects remain compelling, particularly as it stands to benefit from Malaysia's accelerating energy transition and data centre expansion. Maybank Investment Bank Research (Maybank IB) noted that TNB's first-quarter results for 2025 were in line with expectations, as the group recorded a shortfall in regulated revenue due to a lower realised tariff and softer demand – shortfalls that will be recovered through the Industry Fund. 'The eventual finalisation of the recovery mechanism is a potential re-rating catalyst,' it said, raising its earnings forecast for 2026 and 2027 by 3% and 7%, respectively, on the back of RM10bil in contingent capital expenditure (capex) under Regulatory Period 4. Maybank IB upgraded its call for TNB to 'buy' with a target price of RM15.50. Hong Leong Investment Bank (HLIB) Research highlighted a slight decline in overall power demand in Peninsular Malaysia but emphasised that the commercial segment showed strong growth, driven by data centres, business and accommodation services. 'We expect TNB to leverage the full potential of strong electricity demand (mainly driven by data centre development), given the higher capex allocation of RM42.8bil to increase the regulated asset base substantially,' it said. HLIB Research maintained its 'buy' call on TNB with an unchanged target price of RM16.20. CIMB Research likewise kept its 'buy' stance with a target price of RM15.80, noting that core earnings per share (EPS) rose 18% quarter-on-quarter and 7% year-on-year on lower non-fuel costs and interest expenses. 'Given the in-line earnings, we maintain our core EPS forecast and target price of RM15.80,' it said. CIMB Research sees steady dividend yields of 3.5% to 3.9% over 2024 to 2026 while flagging downside risks, including potential cost overruns and delays in contingent capex spending. CGS International Research viewed TNB as a critical enabler of the country's National Energy Transition Roadmap, in addition to being an indirect play on the data centre theme in Malaysia.
The Star
4 days ago
- Business
- The Star
Samaiden inks Kelantan land deal for 99.99MWac solar project
From left: PKINK group chief executive officer Datuk Sr. Zamri Ismail, PKINK deputy group CEO - corporate affairs Ahmad Nazri Ismail, Kelantan Exco careers, infrastructure, water and rural development Datuk Dr Izani Husin, Samaiden group managing director Datuk Ir Chow Pui Hee and Samaiden Sdn Bhd project development director Ts. Makhzumi Ghazali. KUALA LUMPUR: Samaiden Group Bhd's wholly owned subsidiary, Samaiden Legasi Timur Sdn Bhd (SLTSB), has signed a long-term lease agreement with Perbadanan Kemajuan Iktisad Negeri Kelantan (PKINK) to develop a large-scale solar photovoltaic (LSS) power plant under Malaysia's LSS5 programme. In a statement, the renewable energy specialist said the 400-acre lease in Pasir Mas, Kelantan marks a key step in its renewable energy growth strategy. The land will be utilised to construct and operate a solar energy facility with a maximum export capacity of 99.99MWac, to supply clean electricity to Tenaga Nasional Bhd (TNB) under a power purchase agreement (PPA). The 23-year lease, which includes a two-year construction period, will begin once conditions such as the LSS5 project award by the Energy Commission and the signing of the PPA with TNB are met. 'Following our recent EPCC contract win under LSS5, this lease agreement with PKINK marks a major milestone in progressing our LSS5 solar project and aligns with Malaysia's national targets to achieve 70% renewable energy capacity by 2050 and reduce carbon intensity by 45% by 2030,' Samaiden group managing director Datuk Ir. Chow Pui Hee said. 'The site offers strategic advantages for solar development, and we deeply appreciate the strong support from the Kelantan state government in facilitating this initiative. We are grateful for the trust and collaboration extended by both the state government and PKINK in making this project possible. 'At Samaiden, we remain committed to integrity, professionalism, and sustainability, and we hope this collaboration will pave the way for more impactful green initiatives ahead.' In addition to the power facility, Samaiden will also prioritise local hiring and promote renewable energy awareness within the surrounding community. The lease agreement is expected to contribute positively to the local economy by creating job opportunities and fostering knowledge exchange in the renewable energy sector.
