The Malaysian government has set ambitious targets to increase the country's renewable energy capacity to 31% by 2025 and 40% by 2035. According to the National Energy Policy, the goal is to reach an 18.4 GW renewable capacity by 2040. Currently, renewables account for 13.3% of Malaysia's total energy capacity, and projections suggest the country could reach 18.2% by 2025 and 36.4% by 2035.
The report highlights Malaysia's significant untapped renewable energy potential, particularly in solar PV, bio-power, and small hydro. The government has introduced various incentives and programs, such as the Large-Scale Solar (LSS) program and the Net Energy Metering (NEM) scheme, to drive the growth of grid-connected and distributed renewable energy systems. Additionally, tax incentives and exemptions have been extended to prioritize green energy investments.
The Malaysian government's focus on renewable energy is a practical approach to address the country's growing energy demands and climate change concerns. Sustained policy support and continued investment in renewable technologies will be important for Malaysia to achieve its renewable energy goals and transition towards a more sustainable energy future.
https://solarquarter.com/2024/07/11/malaysia-aims-for-31-renewable-energy-capacity-by-2025-report/
https://www.greentechlead.com/renewable-energy/malaysia-on-track-to-achieve-40-percent-renewable-energy-capacity-47128
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22 w
The kind of ambitions that we all need so as to reduce the pollution on the environment and make the world a better place for all.
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24 w
Increase in renewable energy is a promising solution in combating climate change
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26 w
Such moves should be encouraged in each country in the globe and creating sustainable energy
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27 w
Dear walter lungayi Your climate love has received over 50 agrees! We have reached out to Malaysia 🇲🇾 by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time
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27 w
Such goals and targets are very encouraging
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27 w
This is an ambitious plan that underscores the country's commitment to sustainable energy & reducing its carbon footprint.👏
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27 w
We love such ambitious targets
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@dickson_mutai 💚
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This is a testament that with devotion, nations can achieve their NDGs very fast