The Net Energy Metering (NEM) 3.0 Policy Guide has been released, expected to stimulate rooftop solar installation demand, boost EPCC industry development, with Samaiden group and four other companies seen as potential beneficiaries. $SAMAIDEN (0223.MY)$ and four other companies are seen as potential beneficiaries.
According to analysts at Dazheng Securities, "This is an early Christmas gift from the government to renewable energy providers, as this policy will increase solar installation demand, which is also a high-profit business in the public utilities sector."
"Therefore, we have a positive outlook on this policy, as it will be a significant catalyst for the Construction, Procurement, Construction and Commissioning (EPCC) industry, in line with our previous expectations for the 2025 budget, expanding the NEM 3.0 quota and extending the CECEP Solar Energy People's Award Scheme (SolaRIS)."
Analysts believe that the potential beneficiaries of this policy will include the highlighted Samaiden Group, while other stocks not on the watchlist include Solarvest, $SLVEST (0215.MY)$ Sunview Group $SUNVIEW (0262.MY)$ and Beka Group $PEKAT (0233.MY)$ 。
In addition, the CECEP Solar Energy dedicated company, Northern Solar, scheduled to be listed on the GEM in February 2025, is also believed to be a major potential beneficiary of this policy....