Renewable Energy

The Malaysia Renewable Energy Roadmap (MyRER) aims to decarbonise the electricity supply sector, increasing RE installed capacity from 23% (8.5 GW) in 2020 to 31% (12.9 GW) by 2025 and 40% (18 GW) by 2035.

Increasing RE capacity targets aim to cut electricity sector carbon emissions by 45% in 2030 and 60% in 2035. MyRER projects forecast RM20 billion economic spillover by 2025, RM33 billion by 2035, and about 47,000 RE jobs. Current RE sources include solar, biomass, biogas, and hydropower.

93.5%

Domestic Investments

(RM2.3 bil)

RM2.5 bil

Total Approved Investments
in 2022

90%

6.5%

Foreign Investments

(RM0.2 bil)

RM2.5 bil

Total Approved Investments
in 2022

93.5%

Domestic Investments

(RM2.3 bil)

6.5%

Foreign Investments

(RM0.2 bil)

666

Approved Projects

307

Job Opportunities

For more statistics, please click here.

Approved Renewable Energy Projects in 2021

Solar Energy

652 projects
RM1.0 billion

Mini-Hydro

5 projects
RM1.3 billion

Biogas

7 projects
RM74.6 million

Biomass

2 projects
RM62 million

Government Support

The Government prioritises green adoption by extending the Green Investment Tax Allowance and Green Income Tax Exemption until 2023. Additionally, the Income Tax Exemption (ITE) was prolonged for solar leasing companies to encourage participation in the Net Energy Metering Scheme (NEM) introduced by SEDA.

Our Investors' Highlights

Gading Kencana has developed, constructed and now operates two solar farms in Melaka and Perak, with total annual electricity generation of 63,771 MWh sold to TNB.

- Gading Kencana Sdn Bhd (GKSB)

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Get Started

MIDA provides comprehensive support to your business as you consider the competitive and comparative advantages Malaysia has to offer for your investment. Explore our dedicated resources, wide range of facilities or consultation services to assist you in expanding your operations here.

1.Guidelines for the Application of Incentives and/or Expatriate Posts

GUIDELINES

2. Checklist for the Application of Green Technology Incentive - Green Projects

CHECKLIST

3. Application for Incentives and/or Expatriate Post

APPLY HERE