News

Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.

As the EV trend continues to gain momentum, Malaysia's first homegrown automaker, Proton, launched its first EV, the e.MAS7, on Dec. 16.The base model is priced at under RM 110,000, making it highly competitive compared to existing players.

Malaysia plans to produce sustainable aviation fuel (SAF) by 2027, leveraging its natural resources to grow its bioenergy sector. However, limited availability of used cooking oil (UCO) raises concerns about meeting biofuel supply demands.

The Malaysian government is set to implement the Energy Efficiency and Conservation Act (EECA) next year, initially targeting buildings of large energy consumers in the manufacturing and commercial sectors.

Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.

Malaysia is also exploring the possibility of opening up green energy exports and plans to expand its national grid to meet the growing demand for clean electricity, particularly for electric vehicle (EV) charging stations, said Deputy Prime Minister.

Shell Malaysia has unveiled a significant plan to accelerate its transition towards net-zero emissions by 2050, with a focus on installing solar panels across the rooftops of its more than 600 retail sites.

The Malaysian National Energy Company (TNB) is conducting a feasibility study to connect the electricity grids of Sarawak and West Malaysia as part of the ASEAN Power Grid (APG). This initiative has the potential to enhance renewable energy

Sarawak, Malaysia, has made significant strides in renewable energy development, with installed capacity for power generation reaching 62% this year—six years ahead of the original target. Hydropower is the primary contributor to this achievement, and the

Malaysia's AirAsia, plans to impose a mandatory carbon fee on passengers starting next year, pending approval from the respective countries on its routes. If successfully implemented, this will be a first for a Malaysian national airline.