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It will take some time for Sabah to realize the tangible benefits from trading its first carbon credits from the state rainforest, said state Finance Minister Masidi Manjun.

Malaysia government aims to ensure that 40% of the country’s primary energy mix comes from renewable sources by 2035, according to Deputy Prime Minister Fadillah Yusof.

Prime Minister Abang Johari of Sarawak State of Malaysia led representatives of Sarawak Energy Berhad and other energy companies to attend the Future Energy Asia 2024 in Bangkok, Thailand on May 17 to showcase their energy transition strategies.

Malaysia's Economy Minister Rafizi Ramli has announced that the government will present a progressive regulatory framework bill for Carbon Capture, Utilization, and Storage. The bill is expected to be submitted to the Cabinet in November.

The Malaysia Carbon Exchange (BCX) will auction its first batch of locally generated carbon credits on July 25. This event marks the expansion of its product offering to include local carbon credits in addition to global carbon credits.

Researchers from Malaysia and Japan test process converting felled palm trees into renewable biomass energy.

Saudi Arabia-based renewable energy giant ACWA Power has revealed its plans to work with several strategic Malaysian partners to develop renewable energy projects across multiple states in Malaysia, according to Prime Minister Anwar Ibrahim.

Sarawak, a state abundant in oil resources, is poised to emerge as a hub for clean hydrogen energy. Leveraging its ample hydropower reserves, it seeks to overcome obstacles hindering the fuel's potential elsewhere.

The Malaysian government has agreed to set up the Energy Exchange Malaysia (Enegem) to facilitate cross-border trading of green electricity to neighboring countries.

The Ministry of Energy Transition and Water Transformation of Malaysia (PETRA) has launched a new tiered pricing mechanism with lower rates for the Green Electricity Tariff (GET) program set to a quota of 6,600 GWh this year.