’s utilisation of its non-core landbank to develop utility-scale ground-mounted solar farms has RHB Research feeling positive over its outlook.
“The off-takers will be the industrial, commercial and retail users across SDP’s townships. SDP’s management has indicated that the company could be the generator, distributor and off-taker of the solar energy produced,” said the research house. “These are typically the government-linked investment companies and SDP is one of them. Other developers, with limited non-core land, will probably not get involved, given limited land resources.”
“It will also help to kick-start development of greener townships where townships are both generators and off-takers of the solar energy produced.
Source: Energy Industry News (energyindustrynews.net)
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