KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) is confident of achieving strong earnings for its current financial year ending June 30,2021, supported by its solid first quarter performance and bright outlook for the regional renewable energy sector.
Given the strong start to the year, group managing director Mustakim Mat Nun (pic) said the company is optimistic of achieving its order book target of RM2bil by year-end.
“The Asean region recently increased the renewable energy’s installed capacity target from 25% to 35% by 2025.