00:00Malaysian firm SolarVest Holdings Berhard is looking to speed up delivery of its large-scale projects to meet a rise
00:08in demand for renewables as the war in Iran drives up the cost of fossil fuels.
00:15SolarVest CEO Davis Chong said that if a project typically takes 18 to 24 months to complete, regulators should be
00:23engaged to explore ways to shorten the timeline to between 12 and 16 months, Bloomberg reported.
00:30SolarVest, Malaysia's biggest solar firm, builds large-scale capacity to feed into the country's grid, as well as corporate renewable
00:38energy projects via direct offtake agreements.
00:42The company is adding around 1.3 gigawatts of solar capacity in 2026 and at least another 5 gigawatts through
00:512028, according to information on SolarVest's website.
00:55It's also planning to deploy large-scale solar projects for grid operator Tanaka National Berhard from next year.
01:02Chong expects fossil fuel-backed energy bills for industries to rise further in the second half of the year, boosting
01:09interest in solar.
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