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Malaysia approves renewable projects worth $1 billion, unveils 10-year efficiency plan

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malaysia FiT 馬來西亞 躉購計畫

Malaysia’s Economy Minister Akmal Nasrullah Mohd Nasir unveils the country’s updated National Energy Efficiency Action Plan at a sustainability event. (Photo: ISES 2026)

Malaysia launched a new 10-year energy efficiency plan on Aug. 11 while announcing the results of its latest renewable energy feed-in tariff (FiT) round. A total of 41 biogas, biomass and small hydropower projects, with a combined capacity of 331.335 MW, were approved.

The projects are expected to attract RM4.3 billion (about USD 1.05 billion) in investment, with the earliest projects scheduled to begin supplying power to the grid in 2029.

Unlock the full article to explore three key takeaways:

  1. Malaysia approved 41 FiT projects totaling 331.335 MW, with the earliest grid connections expected in 2029
     
  2. Biogas leads by project count (16), while small hydropower leads by capacity at 169.23 MW
     
  3. NEEAP 2.0 targets an 11.6% demand cut by 2035, saving an estimated USD 20.8 billion in electricity costs
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