KUALA LUMPUR, Oct 21 — Tenaga Nasional Bhd’s move to expand its renewable energy portfolio has received a positive response from research houses.
The assets include five turbines with a total installed capacity of 41.5MW and further development rights for a floating offshore wind project of up to 58.4MW off the Northumberland coast. Meanwhile, MIDF Research noted that although no details of the transaction value were revealed, the greenfield installed cost of offshore wind generators has fallen by 28 per cent in the past four years and stood at US$3.8 million per MW in 2019.
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