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Expiration date of Malakoff PPAs are queuing. New Energy Transformation Scheme are means to kill power source generate by fossil fuel.
If malakoff want to stay in power generation industry they need spending a lot CAPEX in RE but now US and European and tightening monetary and cheap money in market getting lesser.
yes. we are moving towards more renewable. but it's not that easy. Malaysia does not have wind. solar is preferably more effective at places with more light not heat and rain(less effective). hydro power is limited by the number of lakes etc. all and all, Malaysia still needs gas. unless hydrogen energy production matures else I don't see RE is going to help