Malaysia’s renewable energy installed capacity is targeted to reach 40 %, or 18,000 MW by 2035, Energy Minister Takiyuddin Hassan said, as the South-east Asian nation charts a lower-carbon pathway for its power sector.
Current installed capacity for renewable energy in Malaysia is 8,520 megawatts, or 23 % of the energy mix, he said in a speech at the Singapore International Energy Week event.
The nation aims to raise its renewable energy capacity to 31 % of total capacity by 2025, he added.
Malaysia has plans to introduce battery energy storage systems in the country with a total capacity of 500 MW from 2030 onward as solar has the highest potential, The KeTSA minister Datuk Seri Dr Shamsul Anuar Nasarah had announced it earlier.
In reaching the RE targets, carbon emission is expected to be reduced by 45% in 2030 and a further 60% in 2035 compared to 2005 level, in line with Malaysia’s Nationally Determined Contributions (NDCs) targets under the Paris Climate Agreement.