News

Malaysia views Indonesia’s Nusantara Capital City project as a potential export market for exporting its green electricity, while aiming to become the renewable energy hub of ASEAN.

The Malaysian engineering-based infrastructure and services company, UEM Group, has acquired a majority shares in sustainable energy solutions firm Cenergi from Khazanah. Cenergi is now one of its subsidiaries.

The Ministry of Economic in Malaysia has adopted the National Energy Transition Roadmap with the goal of accelerating energy transition and promoting the shift from fossil fuel-based economic model to a green economy.

Malaysia’s Citaglobal and Abu Dhabi clean energy company Masdar have signed an agreement for the joint development of renewable energy projects worth 2 GW.

Malaysia plans to develop Southeast Asia’s biggest solar hybrid facility to achieve its 70% goal of renewable energy capacity by 2050, said Economy Minister Rafizi Ramli.

Malaysian green energy company Solarvest is planning to enter the Singapore and Brunei markets to meet the growing demand for sustainable energy solutions.

Sarawak Energy plans to install at least 400 MW of floating solar capacity at its dams by 2030 as the Malaysian utility expands to meet rising demand for renewable energy from neighboring countries.

JinkoSolar, one of the world’s largest solar panel manufacturers, has converted its entire Malaysian factory’s electricity consumption to renewable sources.