KUALA LUMPUR (March 22): Gagasan Solar, the first Securities Commission Malaysia (SC)-regulated solar fund, will be raising a total of RM200 million to ensure that small and medium enterprises have greater accessibility to solar energy.
Managing partner Joshep Lee said for the business community, solar energy presents an opportunity to lower their overall electricity expenses, and the surplus can be allocated to more capital-efficient avenues.
“From an environmental perspective, solar energy offers an immediate and direct positive impact by lowering carbon emissions.
“Technological advancements and innovations wait for no one and it is crucial that Malaysia accelerates its efforts to expand the adoption of solar energy, so that it becomes accessible nationwide,” he said in a statement on Tuesday (March 22).
Thinkat PE, one of only seventeen SC-registered power and…
Gagasan Solar to raise RM200m to make solar energy more accessible
