In a recent analyst briefing for its second-quarter financial results, Tenaga Nasional Berhad’s President and CEO, Dato’ Indera Ir. Baharin Din announced TNB’s commitment to advance the nation’s green agenda while fostering economic growth through Large-Scale Solar Parks (LSSP), Hybrid Hydro-Floating Solar (HHFS), and co-firing hydrogen and ammonia projects. These initiatives align with the NETR and signify TNB’s dedication to decarbonization, grid flexibility, and cross-sector electrification.
Baharin unveiled TNB’s ambitious plans to generate 3,000 MW of renewable energy by 2040, including 2,500 MW from innovative HHFS technology and 500 MW from LSSPs. The HHFS project will be executed in four phases and is set to be completed by 2025, harnessing the power of hydro dams.
TNB’s New Energy Division (NED) is actively involved in the Corporate Green Power Programme (CGPP) and aims to generate 90 MW through LSSPs by 2025, complementing existing projects. Additionally, TNB is partnering with PETRONAS and Mitsui & Chugoku for co-firing hydrogen, ammonia, and biomass projects to diversify energy sources.
TNB is on track to achieve its 8.3 GW renewable energy target by 2025, with 48% already achieved as of June 2023. TNB is also committed to regional collaboration and sustainable energy progress, with 10 Memorandum of Understanding and Letters of Intent in place to support the ASEAN Power Grid.
Baharin emphasized that these initiatives not only contribute to the nation’s economy but also align with Malaysia’s net-zero carbon aspiration, showcasing TNB’s readiness for future challenges.