Oil, Gas and Energy
Sectors

EPP 10: Building Up Renewable Energy and Solar Power Capacity

  • GNI by 2020 (mil)
    RM457.5
  • Projected jobs by 2020
    1,906

This EPP is geared towards adopting alternate energy sources to limit Malaysia’s dependence on fossil fuels.


Under this initiative, solar power is expected to contribute at least 220 megawatts to the country’s total capacity mix.


To this end, the authorities have developed a regulatory framework for the feed-in tariff mechanism that will allow locally produced electricity to be sold to power utilities at a fixed premium over a specific period.

Highlights

  • Installed capacity of renewable energy reached 245 megawatts in 2014.
  • In 2014, Sustainable Energy Development Authority (SEDA) Malaysia also conducted an inaugural balloting event for solar photovoltaic feed-in-approval applications for non-individuals, for installed capacity of up to 425 kW.
2015/08/06
Projects

EPP Champions

Status:
Operational
Economic Transformation Programme
The ETP Transformation Story
The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020.
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