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ACWA Power plans to invest $10 billion in Malaysia for renewable energy projects
Market

ACWA Power plans to invest $10 billion in Malaysia for renewable energy projects

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.

May 02, 2024

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ACWA Power plans to invest $10 billion in Malaysia for renewable energy projects
Market

ACWA Power plans to invest $10 billion in Malaysia for renewable energy projects

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.

May 02, 2024
Sarawak aims to lead as clean hydrogen hub with abundant hydropower
Market

Sarawak aims to lead as clean hydrogen hub with abundant hydropower

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.

April 24, 2024
Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power
Regulation

Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power

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

April 16, 2024
Malaysia launches new pricing for green electricity with cheaper tariffs
Regulation

Malaysia launches new pricing for green electricity with cheaper tariffs

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.

April 15, 2024
Malaysia’s new moratorium unexpectedly propels rise of green steel
Market

Malaysia’s new moratorium unexpectedly propels rise of green steel

The green steel supply chain is gradually starting up in Malaysia, largely due to stricter government policies related to decarbonization. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in t

April 03, 2024
Malaysia aiming to spur residential solar PV via new incentive scheme
Regulation

Malaysia aiming to spur residential solar PV via new incentive scheme

Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has launched a solar incentive scheme (Solar for Rakyat incentive scheme or Solaris) to encourage installation of solar PV systems by domestic users.

April 02, 2024
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