Malaysia’s Top Solar Firm Sees Jump in Demand on Iran War

Malaysian firm Solarvest Holdings Bhd. is looking to speed up delivery of its large-scale projects to meet a rise in demand for renewables as the war in Iran drives up the cost of fossil fuels.

“If a project takes 18 to 24 months to deliver, we need to talk to regulators on how we can execute faster, maybe from 12 to 16 months,” Solarvest Chief Executive Officer Davis Chong said in an interview on Tuesday.