Malaysian scheme lets businesses buy on-grid renewables from developers
- Admin
- Sep 23, 2024
- 1 min read
Malaysia’s PETRA has introduced the Corporate Renewable Energy Supply Scheme (CRESS) allowing businesses to purchase green electricity directly from renewable energy developers via Malaysia’s national electricity grid. The program aims to shift towards shorter-term agreements and is expected to lead to significant investments and job creation. It outlines eligibility criteria for companies and developers, with the Electricity Utility Company responsible for grid connection and billing.
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