Rebranded mGATS all set to go

PETALING JAYA: Tenaga Nasional Bhd (TNB) is on track to rebrand and transform the Malaysia Green Attribute Trading System (mGATS) into the country’s leading digital marketplace for Renewable Energy Certificates (mREC), with the rebranded mGATS set to launch in the first quarter of 2024.

In a statement, TNB said the Natural Resources, Environment, and Climate Change Ministry and TNB’s unit, TNBX Sdn Bhd, had collaborated to upgrade mGATS in response to the surging demand for green electricity, particularly from multinational corporations.