Tenaga Nasional Berhad Announces New Renewable Energy Project, Shares Rise

February 25, 2026

Company News

The Edge Markets

Tenaga Nasional Berhad (TNB) announced a significant investment in a new large-scale solar power project, which propelled its shares up by 1.1% today. This strategic move aligns with the company's commitment to expanding its renewable energy portfolio and contributes to Malaysia's green energy transition goals.

Tenaga Nasional Bhd (TNB) today announced a RM2.5 billion investment to develop a 300-megawatt large-scale solar (LSS) power plant in Kedah. The project, expected to be operational by 2028, will significantly boost TNB's renewable energy generation capacity. The news was met with a positive market response, with TNB's shares rising 1.1% to RM11.00 today. Analysts believe this move aligns with the government's push for green energy and helps TNB achieve its carbon-neutral goals. The project is also expected to create jobs and investment opportunities in the local economy.

View Source: The Edge Markets

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