Solar power could generate 54X more profits than palm oil! Grab your shades and get ready to cash in on the sunshine!
![Solar power could generate 54X more profits than palm oil! Grab your shades and get ready to cash in on the sunshine!](https://sgsnsimg.moomoo.com/sns_client_feed/103960476/20240605/1717550984125-8902f1aa91.webp/big?area=104&is_public=true)
Malaysia been pushing for renewable energy to boost economic growth as part of its climate change policy to transition away from coal and natural gas that make up the bulk of its energy mix.
Large-scale solar ventures (LSS) will allow palm oil producers to generate up to 54 times more operating profits per hectare compared to oil palm, also some planters have been leasing their land for LSS farms at double to triple the average returns of oil palm on a per mature hectare basis.
Would those palm oil company benefited from it?
$SDG (5285.BMS)$
$KLK (2445.BMS)$
$GENP (2291.BMS)$
$THPLANT (5112.BMS)$
$UTDPLT (2089.BMS)$
$SDG (5285.BMS)$
$KLK (2445.BMS)$
$GENP (2291.BMS)$
$THPLANT (5112.BMS)$
$UTDPLT (2089.BMS)$
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