Tenaga Nasional Berhad

Tenaga Nasional Berhad (TNB) is a leading Malaysian utility company in Asia with an international presence in the United Kingdom, Kuwait, Turkey, Saudi Arabia, Pakistan and India. Within the renewable energy space, as of December 2021, TNB has a total portfolio of 2,771.4MW in Malaysia (including 2,536.1MW of large hydro) and 714.4MW across the UK, Turkey and India comprising mainly solar, wind and hydro energy generation assets.

See below for the Latest TNB News, Analysis, Profit Results, Share Price Information, and Commentary. 

 

TNB profit dips 4.3% YoY in first 9 months

It was affected by higher foreign currency losses.

TNB profit dips 4.3% YoY in first 9 months

It was affected by higher foreign currency losses.

TNB secures fund for large-scale solar project in Bukit Selambau

CIMB Islamic Bank will provide debt funding for around $39.2m.

TNB partners with Microsoft to accelerate digitalisation

It will support TNBs push for a smart and digitalised grid.

TNB, PETRONAS to explore hydrogen, carbon capture

The companies seek to unlock at least RM10b in commercial value up to 2035.

TNB, PETRONAS to explore green hydrogen development in Malaysia

This is in line with Malaysia’s carbon-neutral targets.

TNB to invest $4.5b annually for energy transition

It will invest in regional interconnection to help decarbonise the ASEAN power sector.

TNB eyes early retirement for coal plants to accelerate sustainability goals

It plans to retire 1400MW plants up to one year before the expiration of the PPAs.

Malaysia’s TNB power station in Kenyir resumes operation

It temporarily shut down in end-February due to a landslide caused by heavy rain.

TNB subsidiaries collaborate to install 2MWp solar PV

This is in line with the company’s goal to achieve net-zero emissions by 2050.

TNB sees double-digit profit drop to RM9b in Q1

This was due to the exponential increase in fuel prices.

TNB unit buys nearly 50% stake in offshore wind firm BODL

This will add five turbines with a total capacity of 41.5MW to its assets amongst others. 

Malaysia’s TNB, S P Setia partner to install rooftop solar system

This is in line with TNB’s Sustainability Pathway and S P Setia’s ESG Roadmap.

Malaysia’s TNB acquires 97.3MW wind portfolio in UK

The acquisition consideration was around $190.7m.