Tenaga Nasional Berhad
Tenaga Nasional Berhad (TNB) is a leading Malaysian utility company in Asia with an international presence in the United Kingdom, Kuwait, Turkey, Saudi Arabia, Pakistan and India. Within the renewable energy space, as of December 2021, TNB has a total portfolio of 2,771.4MW in Malaysia (including 2,536.1MW of large hydro) and 714.4MW across the UK, Turkey and India comprising mainly solar, wind and hydro energy generation assets.
See below for the Latest TNB News, Analysis, Profit Results, Share Price Information, and Commentary.
TNB targets 30% conversion of operational fleet into electric by 2030
It has planned to target 1,000 EVs, for its commitment to sustainable mobility.
TNB targets 30% conversion of operational fleet into electric by 2030
It has planned to target 1,000 EVs, for its commitment to sustainable mobility.
TNB explores advanced co-firing project in 2 thermal plants
It aims to apply 1% ammonia and 2% biomass co-firing in the power plants.
TNB, China state utilities partner to support ASEAN Power Grid
The power grid will be transformed with high-voltage direct current technology.
TNB, Perak State partner to develop large-scale RE projects
The partnership is in line with the National Energy Transition Roadmap.
Malaysia opens tender for 30 MWac floating solar plant
The tender will end on 8 December at 7:00 pm, Malaysia Time.
TNB extends energy transition efforts in Southeast Asia
Policies, green tech, funding, and strategic partnerships are vital for energy transition.
Malaysia’s TNB inks deals with Indonesia, Singapore to support ASEAN Power Grid
The partnerships will enhance energy resilience and security in the region.
TNB, Petronas partner for hydrogen business development
The parties signed a Joint Feasibility Study Agreement.
TNB units partner with SolarDuck, Hydro to install 780kW offshore floating solar
The project will be deployed off the coast of Tioman Island.
TNB beefs up ESG initiatives with new Sustainability Division
The division will be anchored on three key pillars– Energy Sources, Energy Vectors, and Energy Usage.
TNB inks deal with Vietnam, Lao to strengthen ASEAN power grid
This is also intended to advance Malaysia’s bid to be a renewable energy hub.
TNB, Glomac ink MOU for green energy collaboration
The partnership will focus on floating solar and other green facility development.
TNB profit down by 8% YoY to $793.4m in 2022
This is due to the higher taxes paid during the period.
Malaysia’s TNB collaborates with 3 Thai energy firms for energy transition
The MOUs were signed with EGAT, Planet Utility, and B.Grimm Power.
TNB Genco, YTL PowerSeraya imports 100MW electricity to Singapore
The imported electricity will be supplied to Singapore commercially for the first time.
Malaysia’s TNB secures EUR72m refinance package
It will be used for its offshore wind investment in the UK.
TNB subsidiary to develop 102MW solar projects in the UK
The projects are expected to operate by Q1 2024.
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Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors