RE contributes to a competent, credible local energy industry: Takiyuddin - MIDA | Malaysian Investment Development Authority
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RE contributes to a competent, credible local energy industry: Takiyuddin

RE contributes to a competent, credible local energy industry: Takiyuddin

25 Mar 2022

The role of sustainable energy development, especially Renewable Energy (RE) in the energy transition agenda, contributes to a competent and credible local energy industry, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.

He said the contribution of RE in supporting the country’s climate change aspirations was also evident when the rate of electricity generation capacity from RE sources increased from 5% in 2001 to 24% in 2021.

“The energy transition agenda is one of the things that will dominate the narrative of world geopolitical relations as well as business and trade activities between countries,” he said at the National Energy Awards (NEA) and ASEAN Energy Awards (AEA) Appreciation Ceremony here on Friday night.

A total of 25 local industry players won the NEA and represented Malaysia at the AEA 2021, with 12 of them winning at the ASEAN level.

Takiyuddin also called on local sustainable energy industry players to continue their efforts to support the country’s energy transition agenda towards carbon neutrality.

“I have high hopes that the NEA and AEA winners will share their experiences and best practices in the field of renewable energy and energy efficiency,” he said.

Source: Bernama

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