KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia needs an additional 1,500 to 2,000 megawatts (MW) of installed renewable energy (RE) capacity to reach its 35 per cent installed RE capacity target by 2030, said the Sustainable Energy Development Authority (SEDA).
Business : Malaysia Needs Up To 2,000 MW Additional RE Capacity To Achieve 2030 Target -- SEDA
SEDA, Saiful Hakim Abdul Rahman, renewable energy,
BE Bernama 
Key points
- SEDA chief strategy officer Saiful Hakim Abdul Rahman said the target is achievable, supported by various solar programmes, including the Large Scale Solar (LSS) programme, particularly LSS5, which offered a quota of two gigawatts (GW) or 2,000 MW of solar capacity.
- He said that while Malaysia has ample solar resources and financing options to support RE projects, ensuring bankability and securing companies with strong financial capabilities remain challenges.
- In July, Deputy Prime Minister Datuk Seri Fadillah Yusof said Malaysia’s installed RE capacity stood at nearly 32 per cent as of June, putting the country on track to achieve its 35 per cent target by 2030.
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Also reported by New Straits Times
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Related reporting
6 stories on this topic from 5 sources, oldest first.
- New Straits Times Malaysia expects up to 11,000MW in new RE capacity by 2030
- Bernama Business : Malaysia Needs Up To 2,000 MW Additional RE Capacity To Achieve 2030 Target -- SEDA (this story)
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