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Renewable Energy Actcan boost FDI |
Submitted on
April 28th, 2010 by CTNews
Posted in
Energy,
Renewables
Original news source: Business Times
Posted in
Original news source: Business Times
MALAYSIA could boost foreign direct investments substantially with the proposed Renewable Energy Act. “Malaysia has attracted more than RM10 billion in FDIs for solar power. This could double or triple in a short period,” said Thomas Brandt, general manager of the Malaysian-German Chamber of Commerce and Industry. A feed-in tariff mechanism modelled after Germany’s system will be introduced …
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