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Renewable Energy Actcan boost FDI

Submitted on Tags April 28th, 2010 by CTNews
Posted in Tags Energy, TagsRenewables
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 …

Read the full article at Business Times

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