Solarvest, Malaysia's biggest solar firm, seeks faster rollout of projects as Iran war drives demand
Kuala Lampur, April 14 --
KUALA LUMPUR, April 15 - Malaysian solar firm Solarvest Holdings Bhd is looking to accelerate delivery of its large-scale renewable energy projects as rising global demand for clean power is fuelled by higher fossil fuel costs linked to the war in Iran, according to Bloomberg.
Solarvest chief executive officer Davis Chong reportedly said that the company is in discussions with regulators to shorten project timelines from the current 18 to 24 months to around 12 to 16 months.
"If a project takes 18 to 24 months to deliver, we need to talk to regulators on how we can execute faster, maybe from 12 to 16 months," he was quoted as saying in an interview with Bloomberg yesterday.
According t...
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